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    Traverse City, MI Assisted Living Facilities for Sale

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    Cedar, MI Williamsburg, MI Acme, MI
    Adult Foster Care Assisted Living Facility
    $799,000
    3,995 SF
    Adult Foster Care Assisted Living Facility

    3205 Supply Road, Traverse City, MI 49686

    Former adult foster care property offers barrier-free living spaces and fire-suppression/sprinklered safety features in a country setting.
    • Spacious 3995 sq ft home with 6 bedrooms and 3.5 bathrooms.
    • Fully barrier‑free bathrooms, doors, and entry areas.
    • Enjoy the large community kitchen, dining area, living room, and family room areas.
    • Full walkout basement.
    • Equipped with a fire suppression system and sprinkled for safety.
    Updated: Feb 4
    View details
    Adult Foster Care Facility Home
    $799,000
    3,995 SF
    Adult Foster Care Facility Home

    3255 Mahoney Drive, Traverse City, MI 49686

    Barrier-free adult foster care property with spacious indoor living areas and walkout basement for flexible residential use.
    • Spacious 3995 sq ft home featuring 6 bedrooms and 3.5 bathrooms.
    • Fully barrier‑free design throughout (bathrooms, doors, entry areas).
    • Equipped with a fire suppression system and sprinkled for enhanced safety.
    • Enjoy a large community kitchen, dining area, living room, and family room.
    • Full walkout basement.
    Updated: Feb 4
    View details
    Assisted Living Adult Foster Care Campus
    $1,598,000
    7,990 SF
    Assisted Living Adult Foster Care Campus

    Two fully barrier-free adult foster care homes with sprinklers and walkout basements, positioned for flexible group use.

    3205 Supply Road, Traverse City, MI 49686

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    Adult Foster Care Facility
    $995,000
    5,545 SF
    Adult Foster Care Facility

    Adult foster care facility with owner/staff housing in Traverse City.

    5840 Culver Road, Traverse City, MI 49685

    View details
    Based on your search, we've compiled 16 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Licensed Adult Foster Care Home
    $725,000
    5,800 SF
    Licensed Adult Foster Care Home

    Licensed 6-bed foster care property on private acreage with wheelchair-accessible main floor and multiple utilities for care operations.

    8155 Blackman Road, Kingsley, MI 49649

    View details
    Vestaburg Commercial Property for Sale
    $400,000
    4,500 SF
    Vestaburg Commercial Property for Sale

    Commercial property in Vestaburg, Michigan with income potential.

    6065 Howard City Edmore Road, Vestaburg, MI 48891

    View details
    Licensed Senior Living AFC Property
    $725,000
    5,800 SF
    Licensed Senior Living AFC Property

    Licensed 6-bed AFC home on private acreage with accessible main floor, generator backup, and extensive on-site utilities.

    8155 Blackman Road, Kingsley, MI 49649

    View details
    AFC Assisted Living Facility
    $400,000
    AFC Assisted Living Facility

    For sale assisted living property with 8+ private units, each with a full bathroom, plus updated HVAC and interiors.

    Vestaburg, MI 48891

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Eaton Rapids
    $84,900
    1.57 Acres
    Commercial Land in Eaton Rapids

    1.57 acres of commercial land in a high-traffic location.

    1531 Kyle Street, Eaton Rapids, MI 48827

    View details
    Wooded Residential Development Land
    $359,900
    5.34 Acres
    Wooded Residential Development Land

    Wooded parcel with road frontage on Highland and Hilltop, offering R1-C zoning and public utilities access for residential options.

    9915 Highland Road, White Lake, MI 48383

    View details
    Prime Commercial Land Opportunity
    $1,850,000
    27.00 Acres
    Prime Commercial Land Opportunity

    27-acre commercial land with high visibility and development potential.

    VL W Carleton Road, Jonesville, MI 49250

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    Prime Commercial Land Opportunity
    $1,850,000
    27.00 Acres
    Prime Commercial Land Opportunity

    27-acre commercial land with high visibility and development potential.

    VL W Carleton Road, Jonesville, MI 49250

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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)
    18,615 SF Lot: 0.51 Acres
    Value Estimation by Request
    Unit B

    415 Elmwood Ave, Traverse City, MI 49684-3180

    View details
    3205 Supply Rd
    HOMES (RETIRED, NURSING)
    3,995 SF Lot: 3.83 Acres

    3205 Supply Rd, Traverse City, MI 49696-9486

    View details
    3255 Mahoney Dr
    HOMES (RETIRED, NURSING)
    3,995 SF Lot: 3.61 Acres

    3255 Mahoney Dr, Traverse City, MI 49696-9187

    View details
    2585 Lafranier Rd
    HOMES (RETIRED, NURSING)
    22,480 SF Lot: 5.31 Acres
    Value Estimation by Request

    2585 Lafranier Rd, Traverse City, MI 49686-8972

    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 $4,191,000.

    Sale prices for assisted living facilities in Traverse City, MI start at $799,000, averaging $1,047,750, and reaching up to $1,598,000 — 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
    Medical space 3
    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 $995K
    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)

    Average Property Price per SF

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

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