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    Licensed Senior Living AFC Property
    Updated: May 30
    Licensed Senior Living AFC Property

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 10.00 AC lot
    Licensed 6‑bed adult foster care (AFC) home currently operating as a live‑in care facility.
    10 private acres with a 1989‑built home, including 10 bedrooms and 4 full baths plus 4 half baths.
    Main floor is wheelchair accessible; lower level is currently used as the owners’ living quarters.
    Backup power included with a whole‑house Kohler generator.
    Two independent septic systems and 2 separate 200 amp electric service; forced air and hot water heat.
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    This listing looks promising.

    Here's a quick look at some key insights for

    8155 Blackman Road, Kingsley, MI 49649

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $55K
      Annual

    • Price @ 7% Cap

      $787K
      Above asking

    • Property Type

      Single Family Residence
      Built 1988
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    Adult Foster Care Facility with Basement
    Updated: Jun 12
    Adult Foster Care Facility with Basement

    1114 1st Street, Wyandotte, MI 48192

    $997,900
    3,100 sqft 0.36 AC lot
    Two‑story brick home (1950) with basement and 11 bedrooms, 12 beds, and 4 bathrooms
    Adult foster care facility setup for a 7–12‑bed operation; property is in the process of obtaining an operational license
    Recent updates include a new kitchen, fresh paint, updated HVAC, and ENERGY STAR(R) qualified windows
    Forced‑air heating; asphalt shingle roof; circuit breakers; public water
    3‑car detached garage plus a large parking lot
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    Purpose-Built Senior Care Campus
    Purpose-Built Senior Care Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot

    Move-in-ready senior housing and care facility with private suites, dedicated support areas, and life-safety systems.

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    Licensed Adult Foster Care Home
    Licensed Adult Foster Care Home

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 9.97 AC lot

    Licensed 6-bed AFC facility on nearly 10 private acres with generator backup, multiple utilities, and wheelchair-accessible main floor.

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    Assisted Living Campus with Two Homes
    Assisted Living Campus with Two Homes

    3205 Supply Road, Traverse City, MI 49686

    $1,598,000
    7,990 sqft 7.44 AC lot

    Two former assisted living-style homes on one campus feature barrier-free interiors and walkout basements for flexible occupancy.

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    Barrier-Free Assisted Living Home
    Barrier-Free Assisted Living Home

    3205 Supply Road, Traverse City, MI 49686

    $799,000
    3,995 sqft 3.83 AC lot

    Former assisted living and adult foster care property with barrier-free features, walkout basements, and fire-suppression sprinklers.

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    Assisted Living and Care Facility
    Assisted Living and Care Facility

    3255 Mahoney Drive, Traverse City, MI 49686

    $799,000
    3,995 sqft 3.61 AC lot

    Barrier-free adult foster care and assisted living layout with walkout basements, fire suppression, and guest walking paths.

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    Assisted Living Facility Property
    Assisted Living Facility Property

    3821 S 39 Road, Cadillac, MI 49601

    $399,900
    4,456 sqft 2.86 AC lot

    Spacious assisted living facility on 2.86 acres with 9 bedrooms, 5 bathrooms, and multiple recent updates.

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    Vestaburg Commercial Property for Sale
    Vestaburg Commercial Property for Sale

    6065 Howard City Edmore Road, Vestaburg, MI 48891

    $400,000
    4,500 sqft 1.35 AC lot

    Commercial property in Vestaburg, Michigan with income potential.

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    Licensed Assisted Living Facility
    Licensed Assisted Living Facility

    200 N Elizabeth Street, Hillman, MI 49746

    $1,400,000
    13,184 sqft 2.30 AC lot

    Licensed assisted living with 20 apartments, common areas, salon, and care accommodations, offered for sale with operational options.

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    Turnkey Assisted Living and Residence
    Turnkey Assisted Living and Residence

    702 & 700 E Remus Road, Mt Pleasant, MI 48858

    $1,350,000
    8,264 sqft 9.24 AC lot

    Turnkey 12-bed assisted living plus a separate residence on wooded acreage, offered together for a full operating setup.

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    Adult Foster Care Facility
    Adult Foster Care Facility

    5840 Culver Road, Traverse City, MI 49685

    $995,000
    5,545 sqft 1.00 AC lot

    Adult foster care facility with owner/staff housing in Traverse City.

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    Palmer Multi-Use Commercial Opportunity
    Palmer Multi-Use Commercial Opportunity

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot

    Expansive property with business potential near Marquette, Michigan.

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    Commercial Building in Big Rapids
    Commercial Building in Big Rapids

    10255 Northland Drive, Big Rapids, MI 49307

    $250,000
    1,763 sqft 0.71 AC lot

    Commercial building suitable for office, assisted living, or daycare.

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    Purpose-Built Healthcare Facility Campus
    Purpose-Built Healthcare Facility Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot

    Move-in-ready healthcare campus with private suites, on-site parking, and institutional life-safety systems for care-focused operators.

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    Adult Foster Care and Hospitality Property
    Adult Foster Care and Hospitality Property

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot

    Licensed adult foster care home with multi-level living space and a heated attached garage on a corner lot with paved access.

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    Three-Story Healthcare Facility with 40 Rooms
    Three-Story Healthcare Facility with 40 Rooms

    505 E GRAND Blvd, Detroit, MI 48207

    $750,000
    0.50 AC lot

    Three-story facility with 40+ rooms on a paved front entry, sold as-is for healthcare or related uses.

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    Assisted Living Adult Foster Care Facility
    Assisted Living Adult Foster Care Facility

    1114 1st St, Wyandotte, MI 48192

    $997,900

    Two-story brick facility built for adult foster care with updated systems and a flexible residential care layout.

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    Adult Foster Care Residential Facility
    Adult Foster Care Residential Facility

    3771 Colwood Road, Caro, MI 48723

    $749,000
    4,536 sqft 9.39 AC lot

    Licensed for up to 12 residents in a custom ranch with generator-backed systems and substantial on-site storage.

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    Mixed-Use Commercial Building For Sale
    Mixed-Use Commercial Building For Sale

    Big Rapids, MI 49307

    $250,000
    1,763 sqft 0.71 AC lot

    1,763 SF commercial building suitable for various uses.

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    Adult Foster Care Facility Portfolio
    Adult Foster Care Facility Portfolio

    1624 Gratiot Avenue, Saginaw, MI 48602

    $239,000

    For sale package of three operating adult foster care facilities, including real estate and business, configured for residential care use.

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    Adult Foster Care Facility Portfolio
    Adult Foster Care Facility Portfolio

    1610 Gratiot Avenue, Saginaw, MI 48602

    $299,000

    Package sale of three licensed adult foster care facilities with included real estate and operating businesses.

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    Turnkey Assisted Living Home Package
    Turnkey Assisted Living Home Package

    11469 North Haggerty Road, Plymouth, MI 48170

    $1,450,000
    3,500 sqft

    Turnkey assisted living property with six private suites and a finished walk-out lower level suited for flexible on-site use.

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    Care Facility Ready Property
    Care Facility Ready Property

    11303 W Dr N, Bellevue, MI 49021

    $375,000
    3,840 sqft 10.00 AC lot

    8-bedroom care facility near downtown Bellevue with acreage.

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    Michigan Assisted Living Facilities Market Trends and Statistics

    Explore 72 assisted living facilities for sale in Michigan, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 268,249 square feet of properties for sale, with an estimated market value of $34,556,298.

    Sale prices for assisted living facilities in Michigan start at $250,000, averaging $1,234,153, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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