1380 E Main St - Assisted Livings FOR SALE


Edmore, MI 48829
$895,000 USD
248-302-4338
1380 E Main St, Edmore, MI for Sale
$895,000 USD
Assisted Livings - FOR SALE
1/43
null | Request Cap Rate

1380 E Main St
Edmore, MI 48829


HIGHLIGHTS

  • Located off of a main east-west artery (M46) in central Michigan

OVERVIEW

This is an exceptional opportunity!! This property is a total of 25,294 square feet of health care, office, retail, medical, storage, and warehouse space. Currently, 6,879 square feet of the building is a completely remodeled, functioning 10-bed Adult Foster Care (AFC) home. The AFC home is complete with central nursing stations, lobby, activity areas, and office spaces. The AFC home connects to a former hospital and therapy center in the middle portion of the building, which is currently not being utilized. It contains extra wide hallways, automatic doors, a physical therapy pool, lead lined x ray room, exam rooms, nurse stations, and lobbies. Vacuum and oxygen plumbing still exists but would need to be inspected and or repaired by a professional. This space could be used to substantially expand the number of beds for the current AFC home. The end of the building was mainly used for warehouse and storage and is currently rented to a church on a month-to-month basis. This property has several possible uses. It could remain an AFC home and the number of beds could be increased or this property could be an urgent care, a hospital, an animal hospital, a dentist's office, a church, retail, or warehouse space. Whether you envision adding more bedrooms, recreational areas, or even supplementary facilities, this commercial space allows your vision to become a reality. Conveniently situated in a sought-after commercial area, this building has excellent visibility and accessibility.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Day Care Center, Freestanding, Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.13 AC

LAND SF

92,783 SF

ZONING

Commercial

APN/PARCEL ID

041-628-016-00

ASK ABOUT THIS PROPERTY

Elizabeth SchlumMax Broock CommercialMore Info
248-302-4338

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Elizabeth SchlumMax Broock CommercialMore Info
248-302-4338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.