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5705 N State Road

Alma, MI 48801
  • $499,000
  • STATUS: Active
  • ON SITE: 667 Days
  • MLS #: 1922175
UPDATED: 23 min ago
$499,000
  • 0
    BEDS
  • 3.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,443
    SQFT
  • $21
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-03-12T06:51:57.873.
www.housestraversecity.com/homes/150461479
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5705 N State Road Alma, MI 48801

  • Price: $499,000
  • Status: Active
  • On Site: 667 Days
  • Updated: 23 min ago
  • MLS #: 1922175
0
Beds
0
Baths
0
½ Baths
3.45
Acres
23,443
SQFT
$21
$/SQFT
1965
Built
Neighborhood:
None
County:
Gratiot
Area:
Gratiot
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.
Exterior Features

Construction Materials FrameVinyl Siding Door Features Overhead Door(s) Foundation Details Slab Garage YN No Roof Asphalt

Interior Features

Above Grade Finished Area Units Square Feet Accessibility Features Accessible Entrance Below Grade Finished Area Units Square Feet Green Energy Efficient Not Applicable Heating Forced AirWall FurnaceNatural Gas Heating YN Yes

Property Features

Association Fee Frequency Annually Business Incl No Business Type Professional Service Deeded Waterfront No ECOFeatures No Green Water Conservation Not Applicable Inventory Incl No Lease Amount Frequency Annually Lease Considered YN No Lease Renewal Option YN No Listing Terms ConventionalCash Lot Features Freestanding New Construction YN No Occupied Yes Open Parking YN Yes Other Parking Parking Lot Other Structures Additional Buildings Ownership Type Private Owner Parking Features Parking Lot Parking Total 10 Possession Close Of Escrow Principal Residence No Property Sub Type Mixed Use Rent Includes Trash Collection Road Responsibility Public Maintained Road Road Surface Type Asphalt Sewer Private Sewer Special Licenses None Tax Annual Amount 10202.13 Tax Assessed Value 216197 Tax Legal Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4TH W 200 FTN 6 RESE 200 FTS 6 RDS TO POBALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4TH W 40 RDSN 16 RDSE 40 RDSS 16 RDS TO BEG EX S 165 FTOF THE E 264 FTSEC 1.3.45 AC (200x200x99x460x264x396x165x264) Tax Year 2023 Water Source Private Waterfront YN No Year Built Effective 2005 Zoning Description Multi-FamilyRetailCommercialSpecial Use

Listing information © 2026 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of AMERICA'S CHOICE REALTY LLC: 989-875-5148.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-03-12T06:51:57.873.
 
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