Assisted Living

Traverse City, MI Assisted Living Facilities for Sale

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Cedar, MI Williamsburg, MI Acme, MI Grawn, MI Suttons Bay, MI Kingsley, MI Maple City, MI Lake Ann, MI
6 properties
Nursing Home with Staff Residence
Updated: Jul 2
Nursing Home with Staff Residence

5840 Culver Road, Traverse City, MI 49685

$895,000
5,545 sqft 1.00 AC lot
5,545‑square‑foot nursing home property on 1 acre
12 private bedrooms with private or shared half baths
ADA‑accessible shower room serving each care area
Separate upstairs residence with 3 bedrooms, 1 bath, and secure entry
3‑car garage, parking lot, deck, powered shed, and radiant‑heated patio
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Assisted Living Campus with Walkout Basements
Updated: Feb 4
Assisted Living Campus with Walkout Basements

3205 Supply Road, Traverse City, MI 49686

$1,490,000
7,990 sqft 7.44 AC lot
Two‑building campus totals 7,990 square feet on 7.44 acres
Each home offers 6 bedrooms, 3.5 bathrooms, and 3,995 square feet
Community kitchen, dining area, living room, and family room areas
Barrier‑free bathrooms, doors, and entry areas
Full walkout basements with fire suppression and sprinkler systems
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Barrier-Free Assisted Living Facility
Barrier-Free Assisted Living Facility

3255 Mahoney Drive, Traverse City, MI 49686

$749,000
3,995 sqft 3.61 AC lot

Former adult foster care property with shared gathering areas, accessible features, and flexible care-oriented layout.

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Assisted Living Property with Accessible Design
Assisted Living Property with Accessible Design

3255 Mahoney Drive, Traverse City, MI 49686

$749,000
3,995 sqft

Shared kitchen, dining, living, and family spaces support a multi-bedroom residential layout.

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Barrier-Free Assisted Living Facility
Barrier-Free Assisted Living Facility

3205 Supply Road, Traverse City, MI 49686

$749,000
3,995 sqft 3.83 AC lot

Existing residential-style layout includes shared gathering areas, accessible features, and a walking path across a country setting.

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Two-Home Assisted Living Campus
Two-Home Assisted Living Campus

3205 Supply Road, Traverse City, MI 49686

$1,490,000

The residences feature barrier-free layouts, shared living and dining spaces, and fire-suppression systems.

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6 active listings match your search: Assisted Living for sale in Traverse City, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 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.

Assisted Living Facility with Residence
Assisted Living Facility with Residence

14190 19 Mile Road NE, Gowen, MI 49326

$494,900
18,000 sqft 4.59 AC lot

An attached private residence provides a separate living space alongside the senior care facility.

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Assisted Living Facility with Residence
Assisted Living Facility with Residence

14190 19 Mile Road, Gowen, MI 49326

$494,900
18,000 sqft 4.50 AC lot

An attached private home accompanies the existing senior care facility on a rural acreage parcel.

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

1690 N Center Road, Saginaw, MI 48638

$369,900
4,130 sqft

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

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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.

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Off-Market Properties in Traverse City, MI

Consider similar Off-Market properties in Traverse City, 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.

415 Elmwood Ave, Unit B
HOMES (RETIRED, NURSING)

415 Elmwood Ave, Traverse City, MI 49684-3180

Unit B
Estimated value: by Request
18,615 sqft 0.51 AC lot
View details
3205 Supply Rd
HOMES (RETIRED, NURSING)

3205 Supply Rd, Traverse City, MI 49696-9486

Estimated value:
$490,000
3,995 sqft 3.83 AC lot
View details
3255 Mahoney Dr
HOMES (RETIRED, NURSING)

3255 Mahoney Dr, Traverse City, MI 49696-9187

Estimated value:
$525,000
3,995 sqft 3.61 AC lot
View details
2585 Lafranier Rd
HOMES (RETIRED, NURSING)

2585 Lafranier Rd, Traverse City, MI 49686-8972

Estimated value:
$4,785,000
22,480 sqft 5.31 AC lot
View details

Traverse City, MI Assisted Living Facilities Market Trends and Statistics

Explore 10 assisted living facilities for sale in Traverse City, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 25,520 square feet of properties for sale, with an estimated market value of $6,122,000.

Sale prices for assisted living facilities in Traverse City, MI start at $749,000, averaging $1,020,333, and reaching up to $1,490,000 — 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 6
Nursing homes 1
Senior Housing / Retirement Homes 1
Spa & wellness properties 1

Demographics Overview

Population 78K
Population Growth (5Y) -35.5%
Median Household Income $78,889
College Educated 59.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49685 $895K
49686 $1.1M

Taxes & Financing

Tax Rate (average for all types) 4.34%
Property Tax per SF $71.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grand Traverse County

New Delisted

Total CRE Inventory on Market (SF)

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