Assisted Living Facility with 20
For Sale
Under Contract
$1,400,000
200 N Elizabeth Street, Hillman, MI 49746
Commercial Sale, Hillman, MI
Property Size13,184 SF
Lot Size2.30 Acres
Price / SF$106.19
Days on Market246
Property Features for 200 N Elizabeth Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Parking features
Parking Lot
Basement
Crawl Space
Accessibility
Accessible Approach with Ramp
Subdivision
T31N R4E
Directions
From State Street, west on Pleasant Valley Rd, north on Elizabeth Street
Standard status
Active Under Contract
APN
044-023-000-011-00
Size
13,184 SF
Lot size
2.30 Acres
Taxes and HOA fees
Tax Description
T31N R4E SEC 23 COM 20 RDS N OF THE 1/8 POST BETWEEN THE NE 1/4 OF SE 1/4 AND THE NW 1/4 OF THE SE 1/4; TH ELY TO ATLANTA ROAD MAGNETIC DIRECTION S 81 DEG 12 MIN E; TH NWLY ALONG BANK OF BRUSH CREEK TO 1/8 LINE; TH 20 RDS S ON 1/8 LINE TO POB. EXCEPT W 2
Legal Description
T31N R4E SEC 23 COM 20 RDS N OF THE 1/8 POST BETWEEN THE NE 1/4 OF SE 1/4 AND THE NW 1/4 OF THE SE 1/4; TH ELY TO ATLANTA ROAD MAGNETIC DIRECTION S 81 DEG 12 MIN E; TH NWLY ALONG BANK OF BRUSH CREEK TO 1/8 LINE; TH 20 RDS S ON 1/8 LINE TO POB. EXCEPT W 2
Utilities
Sewer type
Public Sewer, Septic Tank
Amenities
common areas
salon
functional care accommodations
fiber internet
new double oven 2025
new refrigerator 2024
new chest freezer 2023
new washer 2025
Building Details
Floors in Building
1
Listing Agency:
Hillman Real Estate
(989) 742-4594
Listed By:
Aimee Smith
(989) 274-0260
Added: Feb 2
Changed: Sep 13
Last Checked: Oct 6 at 7:06AM
MLS# 201838655
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This licensed assisted living facility in Hillman, Michigan, contains 13,184 square feet on 2.3 acres. The property has 20 individual apartments, common areas, a salon, accessible living spaces, and work areas arranged for daily staff operations. An accessible approach with ramp supports entry, and the site includes a parking lot.
Located on Brush Creek at 200 N Elizabeth Street, the property is served by municipal water and sewer, with sewer information also identifying a septic tank. Fiber internet is available. Recent equipment updates include a double oven installed in 2025, refrigerator in 2024, chest freezer in 2023, and washer in 2025. The transaction may include the real estate and associated business operations, subject to applicable terms and licensing requirements.
Located on Brush Creek at 200 N Elizabeth Street, the property is served by municipal water and sewer, with sewer information also identifying a septic tank. Fiber internet is available. Recent equipment updates include a double oven installed in 2025, refrigerator in 2024, chest freezer in 2023, and washer in 2025. The transaction may include the real estate and associated business operations, subject to applicable terms and licensing requirements.
Key Highlights
- 20 individual apartments within a licensed assisted living facility
- 13,184 square feet on 2.3 acres
- Common areas, salon, resident spaces, and staff work areas
Property Analytics
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Current Use
Lease Details
20
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49746, MI
3,320
Population
2,689
Households
1.2
Avg Household Size
53
Median Age
13%
College-Educated
90%
High-School Grad
209.6 sq mi
ZIP Area
16
Density / Sq Mi
$47,776
Median Household Income
$34,189
Median Earnings
$644
Median Rent
$143,300
Median Home Value
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Similar Off Market Nearby
- Hillman's Haven — 200 Elizabeth St, Hillman, MI 49746
Frequently Asked Questions
What type of property is this?
Assisted living facility - Licensed care facility with accessible resident areas, shared amenities, and dedicated operational spaces.
Where is this assisted living facility located?
The property is located at 200 N Elizabeth Street Hillman, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 20 individual apartments within a licensed assisted living facility; 13,184 square feet on 2.3 acres; Common areas, salon, resident spaces, and staff work areas
