427 N STEER Addison, MI 49220

Building Details

Year Built

1919

Listing Agency Van Esley Real Estate Inc d***@gmail.com Show Phone

Listed by David Misko · License #6501351778 Show Phone

Source Xome

Added: Mar 10, 2024 Updated: Jul 6 at 7:42 am Checked: Jul 9 at 3:22 am

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Van Esley Real Estate Inc

---

Investment Insights

Based on property information with market context.

This 7.20-acre property features approximately 875 feet of frontage on Addison Mill Pond. Included on the property is the former Addison Bariatric Hospital, a 12,235-square-foot building, and an additional 1,800-square-foot building. The hospital is equipped with a 500-kilowatt transformer providing 3-phase power at 208 volts. Updates include the installation of 4 new furnaces in 2023, which have not yet been activated, along with new gas piping throughout the building. The property presents development opportunities for various uses, including multi-family housing, senior housing, and self-storage facilities. Intended use includes hospitals, healthcare properties, self storage facilities, industrial properties, multifamily properties, residential income properties, senior housing / retirement homes, other multifamily properties, other senior housing facilities, and commercial real estate. All information is estimated and should be verified.

Key Highlights

• Large 7.20 acre property with 875' frontage on Addison Mill Pond.
• Includes a 12,235 sq ft former Addison Bariatric Hospital and an additional 1,800 sq ft building.
• Development potential for multi‑family, senior housing, self‑storage, and other uses.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $194,900

  2,200 SF

  Church Conversion with Finished Lower Level

  Repurposed church featuring two kitchens, multiple baths, and a finished lower level for flexible living or hosting.

  6431 Devils Lake Highway, Addison, MI 49220

  View Details
• 

  $400,000

  4,183 SF

  Addison Retail Building For Sale

  4,183 SF retail building at US-127 and Main Street.

  200 West Main Street, Addison, MI 49220

  View Details
• 

  $160,000

  2,400 SF

  Two-Unit Duplex with Separate Meters

  Updated duplex with two-bedroom, one-bath units and separately metered utilities for easier tenant expense management.

  106 N Talbot Street, Addison, MI 49220

  View Details
• 

  $194,900

  2,200 SF

  Converted Church with Modern Amenities

  Unique church conversion featuring modern kitchen and flexible living spaces.

  6431 Devils Lake Highway, Addison, MI 49220

  View Details
• 

  $400,000

  4,183 SF

  Corner Retail Building with Cooler

  Corner storefront with a walk-in cooler and flexible setup for convenience retail, laundromat, or carry-out concepts.

  200 W Main Street W Main Street, Addison, MI 49220

  View Details

FAQs

What type of property is this?

Hospital - 7.20 acre property with hospital and development potential.

Where is this hospital located?

The property is located at 427 N STEER Addison, MI.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Large 7.20 acre property with **875' frontage on Addison Mill Pond.**; Includes a **12,235 sq ft former Addison Bariatric Hospital** and an additional 1,800 sq ft building.; Development potential for multi‑family, senior housing, self‑storage, and other uses.