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    Algonac, MI
    Assisted Living

    Algonac, MI Assisted Living Facilities for Sale

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    Harsens Island, MI Cottrellville, MI Marine City, MI Fair Haven, MI Ira Twp, MI East China, MI Casco, MI New Baltimore, MI
    25,000 SF Commercial Facility
    Updated: Mar 11
    25,000 SF Commercial Facility

    9334 River Rd, Algonac, MI 48001

    $2,500,000
    25,000 sqft 2.71 AC lot
    25,000 sq ft commercial facility on 2.7 acres zoned C2, offering versatile business opportunities.
    Turnkey and code‑compliant, nearly move‑in ready with 24 private bedrooms and 23 baths.
    Fully operational commercial kitchen with walk‑in cooler/freezer, spacious day room, and furnished banquet hall.
    Sound‑resistant concrete second floor, individual HVAC controls in each room, and ADA accessible areas.
    High‑efficiency boilers and hot water system, epoxy floors, and newer roof.
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    This listing looks promising.

    Here's a quick look at some key insights for

    9334 River Rd, AlgonacCity_StClair, MI 48001

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $155K
      Annual

    • Price @ 7% Cap

      $2.21M
      Suggested
    View Property Analytics
    Assisted Living Facility With Banquet Hall
    Updated: Jun 24, 2025
    Assisted Living Facility With Banquet Hall

    9334 River Road, Algonac, MI 48001

    $2,500,000
    25,000 sqft 2.70 AC lot
    25,000 square feet on 2.7 acres with C2 zoning
    24 private bedrooms and 23 baths
    Commercial kitchen with walk‑in cooler, freezer, and equipment
    Banquet hall with adjacent patio and seating for up to 50 guests
    Two 500,000 BTU Lochinvar high‑efficiency boilers
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Algonac, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Assisted Living Facility
    Assisted Living Facility

    1114 1st Street, Wyandotte, MI 48192

    $997,900
    3,100 sqft 0.36 AC lot

    Two-story brick assisted living facility with a basement, recent kitchen/HVAC/window updates, and a 3-car detached garage.

    View details
    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.

    View details
    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.

    View details
    Assisted Living Facility
    Assisted Living Facility

    485 E GRAND Boulevard, Detroit, MI 48207

    $365,000

    Tenant-occupied assisted living residence with nine bedrooms and four full bathrooms, formerly licensed for adult foster care.

    View details

    Algonac, MI Assisted Living Facilities Market Trends and Statistics

    Explore 2 assisted living facilities for sale in Algonac, MI on our real estate platform. These investment opportunities span a total of 50,000 square feet of properties for sale, with an estimated market value of $5,000,000.

    Sale prices for assisted living facilities in Algonac, MI average $2,500,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 2
    Rehabilitation centers 2
    Spa & wellness properties 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -3.2%
    Median Household Income $64,538
    College Educated 24.1%

    Taxes & Financing

    Tax Rate (average for all types) 3.88%
    Property Tax per SF $67.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Clair County

    New Delisted

    Total CRE Inventory on Market (SF)

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