Detroit, MI Healthcare Properties for Sale

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Marysville, MI Ecorse, MI Grosse Pointe Park, MI Hamtramck, MI Highland Park, MI Dearborn, MI River Rouge, MI Grosse Pointe, MI

25 properties

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Updated: Apr 16

Mixed-Use Commercial Building

7353 Gratiot Ave, Detroit, MI 48213

$199,900

1,564 sqft

Commercial building with former beauty salon space
Upper two‑bedroom apartment with separate entrance
Adjacent included lot included in the sale (address: 7359)
Property offers multiple business opportunities based on its mixed‑use layout

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Here's a quick look at some key insights for

7353 Gratiot Ave, Detroit, MI

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$234K
Above asking
Property Type

Retail Stores
Built 1904

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Updated: Aug 10

Assisted Living Redevelopment Property

17300 Burgess, Detroit, MI 48219

$300,000

6,806 sqft 0.35 AC lot

Approximately 6,806 square feet of building space
0.35‑acre lot
Former residential‑care facility
Property sold as‑is
17300 Burgess, Detroit, MI 48219

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Former Healthcare Facility Building

505 E GRAND Boulevard Unit SourceFi, Detroit, MI 48207

$750,000

22,712 sqft

Three-story building with 40-plus rooms, sold as-is and positioned on a paved front entryway.

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Turnkey Retail and Office Suite

20110 W McNichols Rd, Detroit, MI 48219

$129,900

2,107 sqft

Ground-level suite with rear private parking, designed for office, retail, or salon-style uses.

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Nursing Home with Full Basement

1640 Webb Street, Detroit, MI 48206

$475,000

19,559 sqft 0.56 AC lot

Former institutional facility with multiple levels and adaptable interior space for permitted residential or community-oriented redevelopment.

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Vacant Medical Office Building

W 503 W GRAND Boulevard Unit SourceFi, Detroit, MI 48216

$365,000

4,389 sqft

Vacant multi-level medical office building with private offices and storage, equipped with plumbing, electrical, and HVAC.

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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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Equipped Salon Storefront

15711 E Warren Avenue, Detroit, MI 48224

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1,987 sqft

Salon-configured storefront with installed equipment, display windows, and an adaptable open floor plan.

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Salon-Configured Spa & Wellness Property

18971 Greenfield Rd, Detroit, MI 48235

$210,000

6,277 sqft

Existing stations, wash areas, and a private service section support wellness-oriented commercial use.

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Medical Center with 20 Exam Rooms

60 E. Warren Ave. Unit SourceFi, Detroit, MI 48201

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9,980 sqft

Former health center offering 20 exam rooms, central air, and a sizable fenced paved parking area.

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Freestanding Medical Office Building

6150 CADIEUX RD, Detroit, MI 48224

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10,008 sqft

Newly constructed freestanding medical office with fully built-out exam and procedure rooms plus ADA-compliant restrooms.

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Updated Medical Office with Basement

11101 MORANG Drive Unit SourceFi, Detroit, MI 48224

$65,000

1,627 sqft

Updated medical office with two bathrooms, multiple rooms, and a lounge area, plus a basement with temporary lighting on the main level.

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Turnkey Salon/Daycare on High-Traffic Street

18971 Greenfield Road, Detroit, MI 48235

$225,000

0.29 AC lot

Equipped salon/daycare with high visibility and growth potential.

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Commercial Building with Road Visibility

16060 E 8 Mile Rd, Detroit, MI 48205

$100,000

Versatile building on E. 8 Mile Rd with strong visibility and daily traffic, suited for multiple commercial uses subject to approval.

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Medical Office Package with Urgent Care

7647-7649 W Vernor Hwy, Detroit, MI 48209

$359,900

Two-property medical office package, including a leased suite and an urgent care with private exam rooms and built-in pharmacy.

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Nail Salon Business

18240 W 7 Mile Road, Detroit, MI 48219

$75,000

1,000 sqft

Commercial salon sale includes inventory, supplies, workstations, and operating amenities.

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Assisted Living Facility

485 E GRAND Boulevard, Detroit, MI 48207

$365,000

Tenant-occupied assisted living residence with nine bedrooms and four full bathrooms, formerly licensed for adult foster care.

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Nail Salon with Six Pedicure Stations

18240 W 7 Mile, Detroit, MI 48219

$75,000

1,659 sqft

Sale includes inventories, supplies, salon stations, and amenities for an operating nail salon.

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Former Healthcare Facility For Sale

505 E GRAND Boulevard, Detroit, MI 48207

$450,000

22,712 sqft 0.54 AC lot

Three-story, 22,712 SF former healthcare facility on 0.5-acre lot.

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Three-Story Multi-Use Building

1880 E Grand Boulevard, Detroit, MI 48211

$150,000

Vacant, gutted three-story building previously used as a healthcare and residential facility, ready for full renovation.

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Spa & Wellness Property with Cryotherapy

19001 Mack Ave, Detroit, MI 48236

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Spa and wellness offering cryotherapy, marketed as low-overhead with minimum staffing, under a renewable lease arrangement.

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Medical Office Building with Corporate Guaranty

18100 Schaefer Hwy, Detroit, MI 48235

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Seven-year lease with two five-year renewal options and corporate guaranty by DaVita, Inc.

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Versatile Commercial Building

7043 Farnsworth Street, Detroit, MI 48211

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Interior is in fairly good condition, with adjacent lots and buildings available for sale in a package or separately.

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Eastern Market Medical Services Opportunity

2851 Russell St, Detroit, MI 48207

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48,960 sqft

Modern medical facility in Detroit's historic Eastern Market.

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Detroit, MI Healthcare Properties Market Trends and Statistics

Explore 72 healthcare properties for sale in Detroit, MI, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 222,969 square feet of properties for sale, with an estimated market value of $5,044,700.

Sale prices for medical real estate in Detroit, MI start at $65,000, averaging $296,747, and reaching up to $750,000 — 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

Demographics Overview

Population 850K

Population Growth (5Y) -4.2%

Median Household Income $48,716

College Educated 21.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48224	$65K
48228	$88.9K
48205	$100K
48219	$102.5K
48211	$150K

Taxes & Financing

Tax Rate (average for all types) 3.32%

Property Tax per SF $36.71 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 50,000 to 100,000 square foot range.

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