Wayne County, MI Assisted Living Facilities for Sale

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Detroit, MI Grand Rapids, MI Kalamazoo, MI

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Updated: Jan 17, 2025

Operating Inn and Palace House

22755 GRAND RIVER Avenue, Detroit, MI 48219

$624,999

8,019 sqft · 0.41 AC lot

Multiple income streams from the operating Inn, Palace House, and a partitioned 2‑bedroom studio apartment.
Prime location in the Oak Grove District, adjacent to The Greater Sandhill area, on Historic Grand River Avenue, near developing area.
Large lot: Almost a half acre of land within a gated location.
Palace House features ceramic tile, stainless steel appliances, granite countertops, and center island.
Security features include CCTV security camera/video monitoring.

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This listing looks promising.

Here's a quick look at some key insights for

22755 GRAND RIVER Avenue, Detroit City, MI 48219

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$48K
Annual
Price @ 7% Cap

$690K
Above asking
Last Sold

Oct 2024
$225K
Property Type

Residential Income
Built 1915

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Updated: Jun 12

Adult Foster Care Facility with Basement

1114 1st Street, Wyandotte, MI 48192

$997,900

3,100 sqft · 0.36 AC lot

Two‑story brick home (1950) with basement and 11 bedrooms, 12 beds, and 4 bathrooms
Adult foster care facility setup for a 7–12‑bed operation; property is in the process of obtaining an operational license
Recent updates include a new kitchen, fresh paint, updated HVAC, and ENERGY STAR(R) qualified windows
Forced‑air heating; asphalt shingle roof; circuit breakers; public water
3‑car detached garage plus a large parking lot

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Three-Story Healthcare Facility with 40 Rooms

505 E GRAND Blvd, Detroit, MI 48207

$750,000

0.50 AC lot

Three-story facility with 40+ rooms on a paved front entry, sold as-is for healthcare or related uses.

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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.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey Assisted Living Home Package

11469 North Haggerty Road, Plymouth, MI 48170

$1,450,000

3,500 sqft

Turnkey assisted living property with six private suites and a finished walk-out lower level suited for flexible on-site use.

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Brownstown Assisted Living Facility

19341 Allen Rd, Brownstown, MI 48183

$4,250,000

30,270 sqft

30,270 sq. ft. assisted living facility for sale.

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Two-Story Warehouse in Detroit City

20201 LIVERNOIS Avenue, Detroit, MI 48221

$995,000

17,820 sqft · 0.58 AC lot

Two-story warehouse with basement, suitable for retail or redevelopment.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Wayne County, MI, we suggest exploring several alternatives: similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Wooded Residential Development Land

9915 Highland Road, White Lake, MI 48383

$359,900

5.34 AC lot

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

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Commercial Land in Eaton Rapids

1531 Kyle Street, Eaton Rapids, MI 48827

$84,900

1.57 AC lot

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

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Prime Commercial Land Opportunity

VL W Carleton Road, Jonesville, MI 49250

$1,850,000

27.00 AC lot

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

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Prime Commercial Land Opportunity

VL W Carleton Road, Jonesville, MI 49250

$1,850,000

27.00 AC lot

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

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Off-Market Properties in Wayne County, MI

Consider similar Off-Market properties in Wayne County, 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.

HOMES (RETIRED, NURSING)

42000 7th Mile Rd, Northville, MI 48167-9815

Value Estimation by Request

112,886 sqft · 6.32 AC lot

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HOMES (RETIRED, NURSING)

4444 Trumbull St, Detroit, MI 48208-2931

$4,250,000

Estimated value

37,008 sqft · 1.81 AC lot

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HOMES (RETIRED, NURSING)

9298 Wyoming St, Detroit, MI 48204-2614

Value Estimation by Request

3,750 sqft · 0.21 AC lot

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HOMES (RETIRED, NURSING)

1533 Cadillac Blvd, Detroit, MI 48214-3107

Value Estimation by Request

16,032 sqft · 0.57 AC lot

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HOMES (RETIRED, NURSING)

491 Grand Blvd, Detroit, MI 48207-3636

Value Estimation by Request

3,990 sqft · 0.20 AC lot

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HOMES (RETIRED, NURSING)

12040 Broadstreet Ave, Detroit, MI 48204-1552

Value Estimation by Request

18,181 sqft · 0.34 AC lot

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HOMES (RETIRED, NURSING)

8311 Jefferson Ave, Detroit, MI 48214-2730

$2,400,000

$605,000

Estimated value

6,680 sqft · 0.38 AC lot

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Wayne County, MI Assisted Living Facilities Market Trends and Statistics

Explore 72 assisted living facilities for sale in Wayne County, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 62,709 square feet of properties for sale, with an estimated market value of $8,317,899.

Sale prices for assisted living facilities in Wayne County, MI start at $624,999, averaging $1,663,579, and reaching up to $4,250,000 — 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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