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    Assisted Living Facility with Garage
    Updated: Jul 16
    Assisted Living Facility with Garage

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot
    Currently operating as a licensed adult foster care home with current inspections and licenses transferable with the LLC
    5,200 square feet on a 0.25‑acre corner lot along M‑35
    Main level includes 6 bedrooms, 2 full baths, common areas, large kitchen, and accessible entries
    Upper‑level private suite offers 2 bedrooms and 1 bath
    Finished lower level adds a bedroom, office, and gathering space
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    This listing looks promising.

    Here's a quick look at some key insights for

    101 Kirkpatrick Avenue, Palmer, MI 49871

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $286K
      Suggested

    • Property Type

      Commercial (General)
      Built 1900
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    Adult Foster Care and Hospitality Property
    Updated: Aug 25, 2025
    Adult Foster Care and Hospitality Property

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft 0.25 AC lot
    Licensed adult foster care home with transferable licenses and current inspections, offering immediate business opportunity.
    Flexible commercial zoning and design suitable for various uses.
    Prime location on M‑35 with excellent visibility, paved access, and ample parking.
    Spacious layout includes six bedrooms and two baths on the main level, a two‑bedroom/one‑bath private upper‑level suite, and a finished lower level.
    Includes a 24x48 heated attached garage with 220 service.
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    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Marquette County, MI, we suggest exploring several alternatives:

    Marquette County, MI Bed & Breakfasts Market Trends and Statistics

    Explore 2 bed & breakfasts for sale in Marquette County, MI on our real estate platform. These investment opportunities span a total of 10,400 square feet of properties for sale, with an estimated market value of $690,000.

    Sale prices for inns in Marquette County, MI average $345,000 — 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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