MI
Gratiot
ArcadaTownship_Gratiot
48801
5705 N State Road
5705 N State Road, ArcadaTownship_Gratiot, MI 48801
Share Listing
Listing Type
Multi Family
Listing Status
active
39
$499,000

Home Details for 5705 N State Road

Price
$499,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
741
Year built
1970
Lot size acres
3.45
County
Gratiot
Garage
Days on site
295
MLS Listing#
79080017526
Property Description

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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
    • Wall Furnace
  • Water Features
    • Private
    • Well
  • Cooling Information
    • Wall/Window Unit(s)
Listing Courtesy: AMERICA'S CHOICE REALTY LLC - 989-875-5148
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EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430
Office
810 347 5354
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