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    Owosso, MI
    Assisted Living

    Owosso, MI Assisted Living Facilities for Sale

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    Assisted Living Facility With Multiple Buildings
    Updated: Aug 15, 2025
    Assisted Living Facility With Multiple Buildings

    1605 Vandekarr Rd, Owosso, MI 48867

    $2,200,000
    13,000 sqft 2.29 AC lot
    2.29‑acre assisted living property with multiple improved buildings
    Two 3,640‑square‑foot living‑quarters buildings built in 2016
    Main building measures 3,326 square feet and includes 4 rooms, 2 bathrooms, laundry, sunroom, and basement storage
    2,000‑square‑foot heated barn/garage with 12‑foot ceilings and resident event area
    Barn event space can accommodate up to 40 people and includes a low wheelchair‑accessible bar
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    This listing looks promising.

    Here's a quick look at some key insights for

    1605 Vandekarr Rd, Owosso, MI 48867

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $96K
      Annual

    • Mortgage

      $1.27M
      May 2016

    • Property Type

      Single Family Residence
      Built 2001
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Owosso, 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 Redevelopment
    Assisted Living Facility Redevelopment

    1413 Gratiot Avenue, Saginaw, MI 48602

    $349,900
    52,893 sqft 9.06 AC lot

    Large institutional property with a commercial kitchen, substantial land area, and complete interior rehabilitation needs.

    View details
    Assisted Living Facility
    Assisted Living Facility

    1601 S Garfield Rd, Auburn, MI 48611

    Contact for pricing

    Former 23-bed assisted living facility with recent updates, though the building still needs renovations.

    View details
    Renovated Assisted Living Facility
    Renovated Assisted Living Facility

    805 W Midland Rd, Auburn, MI 48611

    Contact for pricing

    Furnished, accessible group home with updated systems, kitchen, bathrooms, flooring, and safety features.

    View details
    54-Bed Assisted Living Facility
    54-Bed Assisted Living Facility

    2160 N Center Rd, Saginaw, MI 48603

    Contact for pricing

    Licensed for 60 beds, the facility is fully occupied with an active waitlist.

    View details

    Owosso, MI Assisted Living Facilities Market Trends and Statistics

    Explore 1 assisted living facilities for sale in Owosso, MI on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for assisted living facilities in Owosso, MI average $2,200,000 — 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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    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) -7.8%
    Median Household Income $58,653
    College Educated 22.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shiawassee County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 48867

    Featured Owosso Real Estate Agencies

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

    Home Field Michigan Real Estate Consultants
    205 W Main Street Owosso, MI 48867
    Phone: 19897255088

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