Improved Commercial Land for Sale in Alma, Michigan

5705 N State Rd Alma, MI 48801

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$645,000
3.45 acres
Active sale$30k dropEst $4,078/mo

This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.

23,443
Sq feet
6
Full baths
1965
Built

Directions

JUST SOUTH OF LINCILN RD AND STATE ROAD INTERSECTION.

Property details

Coordinates
43.3758, -84.6076
Zoning
Multi-Family, Retail, Commercial, Special Use
Elevation
748 feet
MLS Number
TAAR 1922175
Date Posted

Property taxes

Recent
$10,202

This 3.45-acre property is located at 5705 N State Rd in Alma, MI 48801 with latitude 43.3758 and longitude -84.6076. The property is currently available for sale for $645,000. It has a 23,443 sq ft structure built in 1965. Listing data is sourced from Northern Great Lakes Realtors MLS # 1922175.

Verify sale details at the property source or contact America's Choice Realty at (989) 875-5148.

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Copyright (C) 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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