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    Traverse City, MI
    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 Interlochen, MI Kingsley, MI Maple City, MI
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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 HVAC Updates
    Assisted Living Facility with HVAC Updates

    6065 Howard City Edmore Road, Vestaburg, MI 48891

    $400,000
    4,500 sqft 1.35 AC lot

    Operating AFC home with full bathrooms, interior improvements, and central air conditioning.

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    Assisted Living Facility with Acreage
    Assisted Living Facility with Acreage

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 9.97 AC lot

    Licensed adult foster care property with accessible main-floor living, multiple common areas, and extensive on-site support space.

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    Assisted Living Facility
    Assisted Living Facility

    Vestaburg, MI 48891

    $400,000
    4,500 sqft

    Operating AFC home with full bathrooms provided for each unit.

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    Duplex Property with Pole Barn
    Duplex Property with Pole Barn

    8155 Blackman Road, Kingsley, MI 49649

    $725,000
    5,800 sqft 9.97 AC lot

    Ranch-style layout includes separate electrical services, two septic systems, and a finished walkout basement.

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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:
    No data
    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 8 assisted living facilities for sale in Traverse City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 21,525 square feet of properties for sale, with an estimated market value of $3,883,000.

    Sale prices for assisted living facilities in Traverse City, MI start at $749,000, averaging $970,750, 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 4
    Nursing homes 1
    Senior Housing / Retirement Homes 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
    49686 $934.3K
    49685 $995K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Grand Traverse County

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    Most Searched ZIP Codes in Traverse City, MI

    • 49686
    • 49685

    Featured Traverse City Real Estate Agencies

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

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200

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