5705 N State Road Alma, MI ^$ 675,000

5705 N State Road

^$ 675,000

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Recently Listed

5705 N State Road

Alma, MI, 48801

^$ 675,000

Studio Baths0.0 Sq 23,443

Monthly Estimate*

^$ 4,486

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Studio

Commercial Property for sale in Alma, MI

for $675,000. This 23,443 square foot building was built in 1965 on a lot size of 3.45.

This 4 unit rental with a 5th rental to be finished has steady rental income. Newer 400 ft. 5 inch well. The property also includes a commercial business building with store frontage, office space and a special purpose 80 x 40 barn that was built in 2011.Currently there is a dog grooming business rental on the property that is being rented month to month.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,202

Style

Commercial/Industrial

Lot Size

3.45

Year Built

1965

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

80017525

Features

General

Heating Wall Heat Forced Air

Cooling Wall/Window A/C

Possession At Close

Roof Asphalt

Water Private Well

Status Active Active

Year Built 1965

Parking 6-10 Spaces 11-20 Spaces Parking Lot

Subdivision NONE MI

County Gratiot

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name TBD

Municipality Arcada Twp

Section 1

Zoning Multi-Family Commercial

Commercial Features ADA Accessible Bath Outbuilding(s) Overhead Doors

Area Arcada Twp (29001)

Primary City Alma

Directions JUST SOUTH OF LINCILN RD AND STATE ROAD INTERSECTION.

City Alma

Street Name State

Financial Terms Cash Conventional

Legal Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4 TH W 200 FT N 6 RES E 200 FT S 6 RDS TO POB ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4 TH W 40 RDS N 16 RDS E 40 RDS S 16 RDS TO BEG EX S 165 FT

DOM 16

Postal Code 48801

Price Per Sq Ft Total 28.79

Coming Soon This 4 unit rental with a 5th rental to be finished has steady rental income. Newer 400 ft. 5 inch well. The property also includes a commercial business building with store frontage

Exterior

Exterior Frame Vinyl Siding

Lot Size Area 3.45

Lot Dimensions 200x200x99x460x264x396

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Dianne Beard

Listing Agent

America's Choice Realty Llc

Broker

dianne.beard.realtor@gmail.com

Affordability Calculator

$5,336

Per Month

Monthly Principal & Interest: $4,486
Monthly Property Taxes: $850
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Alma, MI

Average List Price ^$412,142

Percent of Sale Price 39%

About Alma, MI

9,004 Population

-3% Since 2002

^$35,817 Median Income

31.88 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$675,000		Listed Price

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5705 N State Road, Alma, MI, 48801 is a Commercial Property for sale at $675,000 with 23,443 sqft and a lot size of 3.45. 5705 N State Road is a studio with 0.0 baths and was built in 1965. The property's zip code is 48801 which is in Alma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5705 N State Road

Commercial Property for sale in Alma, MI

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