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    Detroit, MI Assisted Living Facilities for Sale

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    Assisted Living Facility
    Updated: Apr 21
    Assisted Living Facility

    485 E Grand Blvd, Detroit, MI 48207

    $365,000
    2,884 sqft
    Licensed adult foster care operation for over 50 years
    Previously approved for up to 20 residents
    Currently tenant‑occupied with ten long‑term residents
    Nine bedrooms with four full bathrooms and two half baths
    80.00 x 146.00 lot dimensions
    View details
    See hot listings in Detroit

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Three-Property Adult Foster Care Portfolio
    Three-Property Adult Foster Care Portfolio

    1690 N Center Rd, Saginaw, MI 48638

    $369,900
    4,130 sqft

    Package acquisition of three licensed adult foster care homes with real estate and operating business included.

    View details
    Two-Story Assisted Living Facility
    Two-Story Assisted Living Facility

    1114 1st Street, Wyandotte, MI 48192

    $997,900
    3,100 sqft 0.36 AC lot

    Updated kitchen, HVAC, and windows complement a basement layout and detached garage.

    View details
    Adult Foster Care Facility Portfolio
    Adult Foster Care Facility Portfolio

    1610 Gratiot Avenue, Saginaw, MI 48602

    Contact for pricing
    2,562 sqft

    For sale licensed AFC portfolio in Saginaw County with three operating facilities across separately licensed locations.

    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

    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4444 Trumbull St
    HOMES (RETIRED, NURSING)

    4444 Trumbull St, Detroit, MI 48208-2931

    Estimated value:
    $4,655,000
    37,008 sqft 1.81 AC lot
    View details
    9298 Wyoming St
    HOMES (RETIRED, NURSING)

    9298 Wyoming St, Detroit, MI 48204-2614

    Estimated value:
    $140,000
    3,750 sqft 0.21 AC lot
    View details
    1533 Cadillac Blvd
    HOMES (RETIRED, NURSING)

    1533 Cadillac Blvd, Detroit, MI 48214-3107

    Estimated value:
    $300,000
    16,032 sqft 0.57 AC lot
    View details
    491 Grand Blvd
    HOMES (RETIRED, NURSING)

    491 Grand Blvd, Detroit, MI 48207-3636

    Estimated value:
    $250,000
    3,990 sqft 0.20 AC lot
    View details
    12040 Broadstreet Ave
    HOMES (RETIRED, NURSING)

    12040 Broadstreet Ave, Detroit, MI 48204-1552

    Estimated value:
    $215,000
    18,181 sqft 0.34 AC lot
    View details
    8311 Jefferson Ave
    HOMES (RETIRED, NURSING)

    8311 Jefferson Ave, Detroit, MI 48214-2730

    Estimated value:
    $2,400,000
    8,981 sqft 0.34 AC lot
    View details
    2102 Orleans St
    HOMES (RETIRED, NURSING)

    2102 Orleans St, Detroit, MI 48207-2769

    Estimated value: by Request
    30,181 sqft 1.09 AC lot
    View details
    1640 Webb St
    HOMES (RETIRED, NURSING)

    1640 Webb St, Detroit, MI 48206-1350

    Estimated value:
    $480,000
    19,559 sqft 0.56 AC lot
    View details
    23001 Grand Riv Ave
    HOMES (RETIRED, NURSING)

    23001 Grand Riv Ave, Detroit, MI 48219-3130

    Estimated value:
    $290,000
    4,744 sqft 0.35 AC lot
    View details
    660 Grand Blvd
    HOMES (RETIRED, NURSING)

    660 Grand Blvd, Detroit, MI 48207-3513

    Estimated value:
    $330,000
    17,660 sqft 0.42 AC lot
    View details
    2501 Grand Blvd
    HOMES (RETIRED, NURSING)

    2501 Grand Blvd, Detroit, MI 48208-1236

    Estimated value:
    $320,000
    9,125 sqft 0.30 AC lot
    View details
    9601 Saint Marys St
    HOMES (RETIRED, NURSING)

    9601 Saint Marys St, Detroit, MI 48227-1657

    Estimated value:
    $350,000
    5,952 sqft 0.61 AC lot
    View details
    570 Grand Blvd
    HOMES (RETIRED, NURSING)

    570 Grand Blvd, Detroit, MI 48207-3534

    Estimated value:
    $150,000
    9,102 sqft 0.64 AC lot
    View details
    13965 Linwood St
    HOMES (RETIRED, NURSING)

    13965 Linwood St, Detroit, MI 48238-2831

    Estimated value:
    $340,000
    6,317 sqft 0.27 AC lot
    View details
    651 Grand Blvd
    HOMES (RETIRED, NURSING)

    651 Grand Blvd, Detroit, MI 48207-3512

    Estimated value:
    $730,000
    6,680 sqft 0.38 AC lot
    View details
    799 Grand Blvd
    HOMES (RETIRED, NURSING)

    799 Grand Blvd, Detroit, MI 48207-2559

    Estimated value:
    $485,000
    8,522 sqft 0.31 AC lot
    View details
    440 Grand Blvd
    HOMES (RETIRED, NURSING)

    440 Grand Blvd, Detroit, MI 48207-3637

    Estimated value:
    $720,000
    16,544 sqft 0.42 AC lot
    View details
    9146 Woodward Ave
    HOMES (RETIRED, NURSING)

    9146 Woodward Ave, Detroit, MI 48202-1612

    Estimated value: by Request
    38,668 sqft 0.58 AC lot
    View details
    1873 Grand Blvd
    HOMES (RETIRED, NURSING)

    1873 Grand Blvd, Detroit, MI 48211-3041

    Estimated value:
    $560,000
    36,680 sqft 0.44 AC lot
    View details
    19327 Chicago St
    HOMES (RETIRED, NURSING)

    19327 Chicago St, Detroit, MI 48228-1739

    Estimated value:
    $70,000
    8,068 sqft 0.25 AC lot
    View details
    600 Grand Blvd
    HOMES (RETIRED, NURSING)

    600 Grand Blvd, Detroit, MI 48207-3543

    Estimated value:
    $315,000
    4,539 sqft 0.32 AC lot
    View details
    6232 Cadieux Rd
    HOMES (RETIRED, NURSING)

    6232 Cadieux Rd, Detroit, MI 48224-3812

    Estimated value:
    $935,000
    22,680 sqft 0.28 AC lot
    View details
    4930 7th Mile Rd
    HOMES (RETIRED, NURSING)

    4930 7th Mile Rd, Detroit, MI 48234-2244

    Estimated value:
    $480,000
    18,666 sqft 0.61 AC lot
    View details

    Detroit, MI Assisted Living Facilities Market Trends and Statistics

    Explore 72 assisted living facilities for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 2,884 square feet of properties for sale, with an estimated market value of $365,000.

    Sale prices for assisted living facilities in Detroit, MI average $365,000 — 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

    Medical centers 9
    Spa & wellness properties 7
    Assisted living facilities 1
    Medical space 1

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48207 $365K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 50,000 to 100,000 square foot range.

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    Most Searched ZIP Codes in Detroit, MI

    • 48207

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: 13134667253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: 13132300510
    www.atpropertiesdetroit.com/
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