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

Mixed Use

Lot Size

3.45

Year Built

1965

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1922175

Features

General

Roof Asphalt

Zoning Multi-Family Retail Commercial Special Use

Sewer Private Septic

Construction Frame

Energy Efficient Not Applicable

Interior

Basement Slab

Exterior

Exterior Features Vinyl

* Excluded Features

List By

America's Choice Realty Llc

Broker

(989) 763-3555

Phone

Affordability Calculator

$5,336

Per Month

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

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Interest Rate

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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.

2034270 Elementary School

2034440 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.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/1/2024.

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5705 N State Road

Commercial Property for sale in Alma, MI

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