5705 N State Road, Alma, MI 48801
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5705 N State Road, Alma, MI 48801
5705 N State Road, Alma, MI 48801
5705 N State Road, Alma, MI 48801
5705 N State Road, Alma, MI 48801

$280,000

Est. payment /mo

$275,000

1.8%
Est.Price: ?

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5705 N State Road Alma, MI 48801

23,443 SqFt

SOLD DATE : 11/12/2026

Key Details

Sold Price $280,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 23,443 sqft

Price per Sqft $11

Subdivision Mi

MLS Listing ID 80017525

Sold Date 11/12/26

Year Built 1965

Annual Tax Amount $10,882

Lot Size 3.450 Acres

Acres 3.45

Lot Dimensions 200x200x99x460x264x396

Property Sub-Type Commercial/Industrial

Property Description

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.

Location

State MI

County Gratiot

Area Arcada Twp (29001)

Zoning Multi-Family,Commercial

Interior

Heating Wall Heat, Forced Air

Cooling Wall/Window A/C

Exterior

Parking Features 6-10 Spaces, 11-20 Spaces, Parking Lot

Roof Type Asphalt

Building

Foundation Slab

Water Private Well

Structure Type Frame,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by AMERICA'S CHOICE REALTY LLC
Bought with REMAX Tri County

Nearby Locations

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