5705 N State Road, Alma, MI 48801
sale
$499,000
|
Other
Courtesy Of AMERICA'S CHOICE REALTY LLC
1212 E. Center Street, Ithaca, MI 48847
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Forced Air
- MLSID: 1922175
- Parking Spaces: 10
- Roof Type: Asphalt
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Basement
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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