Health Care

Hillman, MI Healthcare Properties for Sale

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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 includes 20 individual apartments plus common areas, salon, and care accommodations
Accessible design with an accessible approach with ramp
Utilities include municipal water and sewer, plus fiber internet
Sale may include the real estate and associated business operations, subject to licensing requirements
Recent kitchen and laundry updates: new refrigerator (2024), new double oven (2025), new chest freezer (2023), and new washer (2025)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hillman, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office Space with Handicap Accessibility
Medical Office Space with Handicap Accessibility

600 S Bennett Street, Rose City, MI 48654

$410,000
2,830 sqft 0.37 AC lot

Handicap-accessible physical therapy office setup with four patient rooms, reception, and an exercise area, plus ample 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 Building with Pool Room
Medical Office Building with Pool Room

600 Bennett St, Rose City, MI 48654

$410,000
2,830 sqft

Medical office built in 2014 featuring patient rooms, reception, exercise area, and an aquatic pool room.

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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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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 average $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

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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