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    Alma, MI
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    Alma, MI Healthcare Properties for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI Elm Hall, MI Riverdale, MI Breckenridge, MI Shepherd, MI Wheeler, MI
    Purpose-Built Nursing Home Campus
    Updated: Jun 15
    Purpose-Built Nursing Home Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot
    45 private resident suites, each with an en‑suite bathroom
    6.19‑acre healthcare campus in Alma, Michigan
    Three residential wings with dedicated nursing stations, kitchens, and support areas
    Whole‑building emergency backup generator and comprehensive fire suppression system
    Dedicated commercial kitchen area remains in place
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    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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Salon & Spa Building
    Salon & Spa Building

    312 McDonald Street, Midland, MI 48640

    $699,900
    2,457 sqft 0.33 AC lot

    Downtown commercial property with basement space, central air, and public water service.

    View details
    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.

    View details
    Assisted Living Facility
    Assisted Living Facility

    Vestaburg, MI 48891

    $400,000
    4,500 sqft

    Operating AFC home with full bathrooms provided for each unit.

    View details
    Spa & Wellness Suite with Salon Buildout
    Spa & Wellness Suite with Salon Buildout

    124 Ashman Circle, Midland, MI 48640

    Contact for pricing

    Open commercial space with treatment rooms, salon equipment, water connections, and a client reception area.

    View details

    Off-Market Properties in Alma, MI

    Consider similar Off-Market properties in Alma, 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.

    413 Warwick Dr
    Medical Office Space

    413 Warwick Dr, Alma, MI 48801

    Estimated value:
    No data
    2,455 sqft 4.00 AC lot
    View details

    Alma, MI Healthcare Properties Market Trends and Statistics

    Explore 2 healthcare properties for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 34,539 square feet of properties for sale, with an estimated market value of $4,950,000.

    Sale prices for medical real estate in Alma, MI average $4,950,000 — 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 1
    Nursing homes 1
    Rehabilitation centers 1
    Senior Housing / Retirement Homes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48801 $5M

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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