About 5705 N State Road
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.
Features of 5705 N State Road
| MLS® # | 1922175 |
|---|---|
| Price | $575,000 |
| Bathrooms | 6.00 |
| Square Footage | 23,443 |
| Acres | 3.45 |
| Year Built | 1965 |
| Type | Commercial |
| Sub-Type | Mixed Use, Commercial Sale |
| Status | Price Change |
Community Information
| Address | 5705 N State Road |
|---|---|
| Subdivision | NONE |
| City | Alma |
| County | Gratiot |
| Province | Michigan |
| Postal Code | 48801 |
Amenities
| Utilities | WATER: Private Well SEWER: Private Septic |
|---|---|
| Features | Additional Buildings, Overhead Door(s) |
| Parking Spaces | 10 |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | Natural Gas, Forced Air, Wall |
|---|---|
| Has Basement | No |
| Basement | Slab |
Exterior
| Exterior Features | Vinyl |
|---|---|
| Lot Description | 200x200x99x460x264x396 |
| Roof | Asphalt |
| Construction | Frame |
Additional Information
| Date Listed | May 13th, 2024 |
|---|---|
| Days on Market | 254 |
| Zoning | Retail, Commercial, Multi-Family, Special Use |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | AMERICA'S CHOICE REALTY LLC |
|---|