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    Addison, MI Healthcare Properties for Sale

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    Addison Mill Pond Development Opportunity
    Updated: Mar 11
    Addison Mill Pond Development Opportunity

    427 N STEER St, Addison, MI 49220

    $600,000
    12,235 sqft 7.20 AC lot
    7.20 acre property with approximately 875' of frontage on Addison Mill Pond
    Includes a 12,235 sq ft former Addison Bariatric Hospital
    Additional 1,800 sq ft building currently leased for $2,000.00 per month
    Development potential for multi‑family, senior housing, self‑storage, and other uses
    Hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts
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    7.20 Acre Development Opportunity
    Updated: Mar 23, 2024
    7.20 Acre Development Opportunity

    427 N Steer St, Addison, MI 49220

    Contact for pricing
    14,035 sqft 7.20 AC lot
    7.20 acre property with approximately 875' of frontage on Addison Mill Pond
    Includes a 12,235 sq ft former Addison Bariatric Hospital
    Additional 1,800 sq ft building currently leased for $2,000.00 per month
    Development potential for multi‑family, senior housing, self‑storage, and other uses
    Hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Addison, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    All-Brick Medical Office Building
    All-Brick Medical Office Building

    2600 Spring Arbor Road Unit SourceFi, Jackson, MI 49203

    $425,000
    5,670 sqft

    All-brick professional building with eight exam or consultation rooms, waiting area, and private office with attached bath.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    4946 Page Avenue, Michigan Center, MI 49254

    $274,900
    6,056 sqft 2.63 AC lot

    Former veterinary facility with specialized rooms, kennel space, an apartment, and a separate pole barn on a sizable parcel.

    View details
    Veterinary Hospital on 2.63 Acres
    Veterinary Hospital on 2.63 Acres

    4946 Page Ave, Michigan Center, MI 49254

    $274,900
    3,944 sqft 2.63 AC lot

    Veterinary hospital with apartment and pole barn on 2.63 acres.

    View details
    Medical Office Suite with Basement
    Medical Office Suite with Basement

    2575 Spring Arbor Road 100, Jackson, MI 49203

    Contact for pricing
    1,278 sqft

    Well-maintained suite with three exam rooms, private office, reception, waiting area, plus basement storage and systems space.

    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.

    Prime Commercial Land Opportunity
    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.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    Commercial parcel with road frontage and cable availability between Hillsdale and Jonesville.

    View details
    C-2 Commercial Land
    C-2 Commercial Land

    4587 N Adrian Highway, Adrian, MI 49221

    $125,000
    2.10 AC lot

    Mostly cleared, level site with public water and sewer available for commercial development.

    View details
    Commercial Land with Development Splits
    Commercial Land with Development Splits

    M-52, Manchester, MI 48158

    $399,000
    4.50 AC lot

    Commercially zoned acreage offers four available splits, broadband, and cable service availability.

    View details

    Addison, MI Healthcare Properties Market Trends and Statistics

    Explore 2 healthcare properties for sale in Addison, MI on our real estate platform. These investment opportunities span a total of 26,270 square feet of properties for sale, with an estimated market value of $600,000.

    Sale prices for medical real estate in Addison, MI average $600,000 — 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

    Hospitals 2

    Demographics Overview

    Population 2,468
    Population Growth (5Y) +2.3%
    Median Household Income $70,726
    College Educated 29.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49220 $600K

    Taxes & Financing

    Tax Rate (average for all types) 3.35%
    Property Tax per SF $77.51 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lenawee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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