5705 N State Road
Alma, MI 48801
- – beds
- – baths
- 741 sqft
- ~3 acre lot
- $673 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Apr 8, 2025
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MLS# 79080017526 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1970
-
Levels:One
-
Basement:false
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Foundation Details:Slab
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Above Grade Finished Area:741.0
Room Dimensions
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Living Area:741.0
The Property
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Parcel Number:290100101201
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:3.45
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Lot Size Dimensions:200x200x99x460x264x396
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Zoning Description:Commercial,Multi-Family
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Other Structures:PoleBarn
Listing Agent
- Contact info:
- Agent phone:
- (989) 875-5148
- Office phone:
- (989) 875-5148
Taxes
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Tax Legal Description:COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4,TH W 200 FT,N 6 RES,E 200 FT, S 6 RDS TO POB,ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4,TH W 40 RDS,N 16 RDS,E 40 RDS,S 16 RDS TO BEG EX S 165 FT,OF THE E 264 FT,SEC 1.3.45 AC (200x200x99x460x264x396x165x264)
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Tax Assessed Value:216197
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Tax Annual Amount:10202.13
Heating & Cooling
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Heating:ForcedAir, NaturalGas, WallFurnace
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Heating:true
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Sewer:SepticTank
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Water Source:Well
Appliances
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Appliances:Oven, Refrigerator, Range
Schools
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High School District:Alma
The Community
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Subdivision Name:NONE
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Waterfront:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Central Michigan Association of REALTORS, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/26/25
Mar 26, 2025
|
Price Changed | REALCOMP | $499,000 | -13.2% |
|
2/17/25
Feb 17, 2025
|
Listed / Active | REALCOMP | $575,000 |
