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427 N STEER St, Addison, MI, 49220
Addison Mill Pond Development Opportunity

427 N STEER St Addison, MI 49220

For Sale
$600,000

7.20 acre property with existing hospital and additional leased building.

Property Size12,235 SF
Lot Size7.20 Acres
Price / SF$49.04
Days on Market141

Property Features for 427 N STEER St

General Information

Standard status Active
Size 12,235 SF
Lot size 7.20 Acres
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: Van Esley Real Estate Inc
Listed By: David D Misko · License #6501351778
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Jul 28 at 8:25AM

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 that is currently leased for $2,000.00 per month. The hospital is equipped with a 500-kilowatt transformer with 3-phase power and 208 volts. The property is suitable for various development projects, including multi-family housing, senior housing, and self-storage facilities. Other potential uses may also be viable. The property includes commercial land, hospitals, healthcare properties, land, multifamily properties, residential income properties, self storage facilities, industrial properties, and other multifamily properties.

Key Highlights

  • 7.20 acre property with approximately 875' of frontage on Addison Mill Pond
  • Includes a 12,235 sq ft former Addison Bariatric Hospital
  • Additional 1,800 sq ft building currently leased for $2,000.00 per month

Property Analytics

Property Profile Location Intelligence

Current Use

Hospitals

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop Nail Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Hospital - 7.20 acre property with existing hospital and additional leased building.
Where is this hospital located?
The property is located at 427 N STEER St 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: 7.20 acre property with approximately 875' of frontage on Addison Mill Pond; Includes a **12,235 sq ft former Addison Bariatric Hospital**; Additional 1,800 sq ft building currently leased for $2,000.00 per month
More about this property
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