MI > Gratiot > Alma > 5705 N State Road

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5705 N State Road Map / directions

Alma, MI

48801 Market info

  • 4 Units
  • 2,579 SqFt
  • MLS# 1922176
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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.

Property Information

Status
Active 
Address
5705 N State Road 
City
Alma 
Zip
48801 
Year Built
1970 
Style
1 Story 
Possession
At Closing 
Waterfront Desc
None 
Listing Date
05/13/2024 
List Price
$499,000
County
Gratiot 
Above Grade SqFt
2,579 
Total No of Units

School Information

School District
Alma 

Taxes

Taxes
$10,202 
Summer Taxes
$2,515 
Winter Taxes
$7,686 

Rooms and Land

Unit1
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 741
Unit2
Bedrooms: 1 Bathrooms: 1 Finished SqFt: 582
Unit3
Bedrooms: 1 Bathrooms: 1 Finished SqFt: 548
Unit4
Bedrooms: 2 Bathrooms: 1 Finished SqFt: 708
Lot Dimensions
200x200x99x460x264x396 
Total Acres
3.45 

Features

Style
1 Story 
Exterior Features
Countryside View 
Basement
Slab 
Appliances
Oven/Range, Refrigerator 
Cooling
Forced Air, Natural Gas, Wall 
Heating
Forced Air, Natural Gas, Wall 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1922176 Mar 26 2025 1:45PM $499,000 $575,000 348
1922176 Jan 22 2025 2:58PM $575,000 $645,000 348
1922176 Jul 9 2024 8:16AM $645,000 $675,000 348
1922175 Jul 9 2024 8:15AM $645,000 $675,000 348
1922176 Active May 13 2024 9:29AM $675,000 348
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MITAAR Logo

Listing Courtesy of America'S Choice Realty Llc
Office Address 1212 E. Center Street

5705 N State Road Alma
Contact us
$499,000
For Sale • No. of Units: 4