5705 N State Rd Alma, MI 48801
Property details
About 5705 N State Rd
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.
Highlights
Summary
- MLS Number: 79080017526
- MLS Name: Central Michigan Association of REALTORS
- Office Name: AMERICAS CHOICE REALTY LLC
- Office Phone: (989) 875-5148
- Listing Agent: Cody Nevins
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Last updated on: 4/18/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
5705 N State Rd
$5,926
closing credit¹
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Price information
Property sales
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Nearby schools
3
Eugene M Nikkari Elementary School
Public District 3-5
1.7 mi
•301 W State St
4
Hillcrest Elementary School
Public District 2-3
2.4 mi
•515 E Elizabeth St
3
Pine Avenue Elementary School
Public District 4-5
2.7 mi
•1025 Pine Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,935. The most common annual income of people living in Alma, MI is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
This home is located at 5705 N State Rd in Alma, MI and zip code 48801. This 741 square foot home, which was built in 1970, sits on a 3.45 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $499,000.
Over 1 listings were sold over their listed price in March 2025 in Alma, MI. In the same period over 5 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Alma, MI decreased by 7.3% between February and March 2025. Listings spent 118 days on the market in March 2025, and had a median list price of $160,000 during the same period.