Health Care

Hillman, MI Healthcare Properties for Sale

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Lachine, MI Atlanta, MI Alpena, MI
Licensed Assisted Living Facility
Updated: Feb 2
Licensed Assisted Living Facility

200 N Elizabeth Street, Hillman, MI 49746

$1,400,000
13,184 sqft · 2.30 AC lot
Licensed assisted living facility with 20 individual apartments.
Includes real estate and associated business operations (subject to terms and licensing).
Functional care accommodations and efficient work areas designed for daily operations.
Accessible living spaces for residents (Accessible Approach with Ramp).
New appliances: double oven (2025), refrigerator (2024), chest freezer (2023), washer (2025).
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, 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.

Remodeled Medical Office Suite
Remodeled Medical Office Suite

3448 US-23 S, Alpena, MI 49707

$175,000
1,383 sqft

Remodeled medical office with four exam rooms, dedicated restrooms, central air, and onsite parking.

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Corner Medical Rehabilitation Building
Corner Medical Rehabilitation Building

105 W Houghton Avenue, West Branch, MI 48661

$450,000
3,541 sqft · 0.22 AC lot

Corner-located medical and rehab facility with main-floor accessibility, exam and therapy rooms, and on-site parking.

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Commercial Building Corner Location
Commercial Building Corner Location

105 W Houghton Ave, West Branch, MI 48661

$450,000
3,500 sqft · 0.22 AC lot

Commercial building in downtown West Branch with on-site parking.

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Medical Office with Garage Storage
Medical Office with Garage Storage

3448 US-23, Alpena, MI 49707

$189,900
1,383 sqft

Well-maintained medical office with garage, suitable for various professionals.

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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.

Vacant Land on Thunder Bay River
Vacant Land on Thunder Bay River

301 N Fourteenth Avenue, Alpena, MI 49707

$335,000
2.00 AC lot

Two-acre vacant land parcel with river frontage in Alpena, MI.

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Commercial Land with Mixed-Use Flexibility
Commercial Land with Mixed-Use Flexibility

Zimmerman Road, Traverse City, MI 49685

$389,000
3.50 AC lot

Zoned commercial land at a road intersection, allowing residential above commercial with a footprint limit.

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66 Acres Prime Development Land
66 Acres Prime Development Land

2701 Golf Course Drive, Marlette, MI 48453

$649,000
65.49 AC lot

66-acre parcel ideal for residential or commercial development in Marlette.

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Prime Development Opportunity in Burton
Prime Development Opportunity in Burton

1423 N Belsay Rd, Burton, MI 48509

$125,000
1.71 AC lot

1.71-acre commercial land with road frontage in Burton, Michigan.

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Hillman, MI Healthcare Properties Market Trends and Statistics

Explore 1 healthcare properties for sale in Hillman, MI on our real estate platform. These investment opportunities span a total of 13,184 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for medical real estate in Hillman, MI start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — 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
Senior Housing / Retirement Homes 1

Demographics Overview

Population 3,502
Population Growth (5Y) +5.6%
Median Household Income $47,776
College Educated 17.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49746 $1.4M

Taxes & Financing

Tax Rate (average for all types) 3.17%
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

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