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About the Listing 62736 - 701408
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.
Listing Highlights
Status
Active
Days on Site
584
Property Type
Commercial Sale
MLS ®
80017525
Year Built
1965
Total Square Footage
23,443
Lot/Acreage
3.45
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall/Window A/C
- Heating: Wall Heat,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 23443
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private Well
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 200x200x99x460x264x396
- Zoning: Multi-Family,Commercial
- Roof: Asphalt
- Others:
- Sewer: Septic
- Parking Features: 6-10 Spaces,11-20 Spaces,Parking Lot
Financial Details
- Tax Amount: $10,202
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
5705 N State Alma, MI 48801
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