Adult Foster Care Facility with
For Sale
$997,900
1114 1st Street, Wyandotte, MI 48192
MULTI_FAMILY - Colonial - Wyandotte, MI
Property Size3,100 SF
Lot Size0.36 Acres
Price / SF$321.90
Days on Market49
Property Features for 1114 1st Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
11
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Basement, Bedroom 11, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 9, Bathroom 4, Bedroom 10, Bathroom 3, Bedroom 3
Parking
20
Interior features
Circuit Breakers, ENERGY STAR(R) Qualified Window(s)
Subdivision
Witkowski Sub
Elementary school district
Wyandotte
Middle school district
Wyandotte
High school district
Wyandotte
Directions
South off I75 on Southfield to Biddle, South on Biddle to Goodell to 1st
Standard status
Active
APN
57004140007000
Size
3,100 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Description
06463 6464 LOTS 7 AND 8 I. WITKOWSKI SUB T3S R11E ALSO LOTS 11 AND 12 NOAH LEBLANCS BIDDLE AVE SUB T3S R11E L56 P87 WCR I. WITKOWSKI SUB T3S R11E, L40 P23 WCR
Tax Annual Amount
13993
Legal Description
06463 6464 LOTS 7 AND 8 I. WITKOWSKI SUB T3S R11E ALSO LOTS 11 AND 12 NOAH LEBLANCS BIDDLE AVE SUB T3S R11E L56 P87 WCR I. WITKOWSKI SUB T3S R11E, L40 P23 WCR
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1950
Floors in Building
2
Number of units
11
Building materials
Brick
Roof type
Asphalt
Architectural style
Colonial
Listing Agency:
Keller Williams Paint Creek · Keller Williams Realty
(248) 609-8000
Listed By:
Patricia J Raymond · License #6502368307
(248) 649-7200
Added: Jun 12
Changed: Jul 28
Last Checked: Jul 30 at 12:06PM
MLS# 20261044302
Copyright © 2026 Realcomp Limited II. 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 two-story brick adult foster care facility includes a basement and a flexible interior layout designed for residential care operations. The property is configured with 11 bedrooms, 12 beds, and 4 bathrooms. Recent updates include a new kitchen, fresh paint, updated HVAC, and new windows. A 3-car detached garage and a large parking lot support day-to-day access for residents, staff, and visitors.
Located at 1114 1st Street in Wyandotte, Michigan, the property sits on approximately 0.36 acres and is currently zoned Multi-Family. The listing notes the facility is in the process of obtaining an operational license for a 7–12-bed facility. Buyer and buyer’s agent are responsible for verifying all licensing, zoning, use requirements, room counts, and municipal and state approvals.
For an operator or investor, the key value here is that major building improvements have already been completed while the licensing process is underway for a smaller licensed bed range than the current configuration. The combination of residential care-oriented rooming, updated building components, and on-site parking can support continued development toward an operational adult foster care use, subject to all required approvals and verification.
Located at 1114 1st Street in Wyandotte, Michigan, the property sits on approximately 0.36 acres and is currently zoned Multi-Family. The listing notes the facility is in the process of obtaining an operational license for a 7–12-bed facility. Buyer and buyer’s agent are responsible for verifying all licensing, zoning, use requirements, room counts, and municipal and state approvals.
For an operator or investor, the key value here is that major building improvements have already been completed while the licensing process is underway for a smaller licensed bed range than the current configuration. The combination of residential care-oriented rooming, updated building components, and on-site parking can support continued development toward an operational adult foster care use, subject to all required approvals and verification.
Key Highlights
- Two‑story brick property (Colonial style) built in 1950 with basement and forced‑air heating
- Adult foster care setup with 11 bedrooms, 12 beds, and 4 bathrooms; licensing process underway for a 7–12‑bed facility
- Recent updates include a new kitchen, fresh paint, updated HVAC, and ENERGY STAR qualified windows
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $17.40 |
| − Vacancy | −$3.1k | −$1.01 |
| EGI | $50.8k | $16.39 |
| − OpEx | −$22.9k | −$7.38 |
| NOI | $27.9k | $9.01 |
3,100 SF · lease $17.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$399.2K
$349.3K – $465.8K
NOI $27,946 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$573.9K
$502.2K – $669.6K
NOI $40,176 @ 7.0% cap · market cap 4.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48192, MI
25,058
Population
11,441
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
4,728
Density / Sq Mi
$67,846
Median Household Income
$42,999
Median Earnings
$995
Median Rent
$159,700
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Lewisite Inc — 424 St John St, Wyandotte, MI 48192
Frequently Asked Questions
What type of property is this?
Assisted living facility - Two-story brick adult foster care setup with updated systems and parking, currently pursuing an operational license.
Where is this assisted living facility located?
The property is located at 1114 1st Street Wyandotte, MI.
What is the asking price?
The asking price for this property is $997,900.
What are key features of this property?
This property features: Two‑story brick property (Colonial style) built in 1950 with basement and forced‑air heating; Adult foster care setup with 11 bedrooms, 12 beds, and 4 bathrooms; licensing process underway for a 7–12‑bed facility; Recent updates include a new kitchen, fresh paint, updated HVAC, and ENERGY STAR qualified windows
