5705 N State Rd

Arcada Twp, MI 48801
  • $275,000

    Price
  • 3.45

    Acre

About the Listing 79000000062736 - 79000000701408

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 867
Property Type Commercial Sale
MLS ® 79080017525
Year Built 1965
Lot/Acreage 3.45
County Gratiot
Neighborhood None
School District Alma

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Wall Furnace,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 23443
  • Basement: Slab
  • Other: Forced Air,Wall Furnace
  • Water: Well (Existing)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 200x200x99x460x264x396
  • Zoning: Commercial,Multi-Family
  • Roof: Asphalt
  • Others: Frame,Vinyl
  • Sewer: Septic Tank (Existing)

Financial Details

  • Tax Amount: $10,882
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 290100101201
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

5705 N State Rd Arcada Twp, MI 48801

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Originating MLS: Central Michigan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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