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: 1922176
- MLS Name: CMIAR
- Office Name: AMERICA'S CHOICE REALTY LLC
- Office Phone: (989) 763-8060
- Listing Agent: Cody Nevins
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$575,000
5705 N State Rd
$6,828
closing credit¹
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Price information
Property sales
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Tax history
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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. Typical income of Alma, MI residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
Frequently asked questions
About 5705 N State Rd
This home is located at 5705 N State Rd in Alma, MI and zip code 48801. This 2,579 square foot home, which was built in 1970, sits on a 3.45 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $575,000.
Over 1 listings were sold over their listed price in February 2025 in Alma, MI. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. In February 2025 in Alma, MI there were 7.5% more homes for sale than in January. Listings spent 49 days on the market in February 2025, and had a median list price of $156,500 during the same period.