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Turnkey 12-Bed Assisted Living Facility
For Sale
$1,450,000

702 & 700 E Remus Rd, Mount Pleasant, MI 48858

Turnkey 12-bed assisted living built in 2001, offered with the full business operation and equipment.

Property SizeContact for details
Days on Market110

Property Features for 702 & 700 E Remus Rd

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2001
Listing Agency: COLDWELL BANKER MT. PLEASANT REALTY
Listed By: Marnie Basney · License #6506047755
Source: Elliman
Added: Apr 27 Changed: Jul 21 Last Checked: Aug 13 at 9:34AM

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 COLDWELL BANKER MT. PLEASANT REALTY

Investment Insights

Based on property information with market context.

This offering presents a turnkey assisted living business with a residence, sold together for one price. The assisted living is a 12-bed facility built in 2001 and opened in September, arranged with two wings of 6 beds each, with common areas inside and outside, including shared kitchen and living areas. The price includes the equipment, inventory, and business name, and the operation has been in place since September 2001.

The business parcel and residence parcel are on separate tax rolls. The business parcel is 1.54 acres at the road, while the residential parcel behind is 7.7 acres. The residence is 1,544 square feet with five bedrooms and 2.5 baths, not including an approximately 1,400-square-foot finished basement.

Additional improvements include a 36x48 pole barn with concrete, electric, and heat, along with a lean-to addition for extra storage. The attached garage to the house is heated, insulated, and has water. Profit and loss statements for 2023, 2024, and 2025 are available upon request with a signed Confidentiality Agreement.

Key Highlights

  • Turnkey 12‑bed assisted living business built in 2001; opened in September and in operation since Sept 2001
  • Includes business operation plus all equipment, inventory, and the business name; profit and loss statements for 2023–2025 available with a signed Confidentiality Agreement
  • Business parcel is 1.54 acres on the road (separate tax roll from the residence parcel) and is 5,320 sq ft total for both parcels

Property Analytics

Current Use

New Hope Assisted ... Nursing Home

Suggested Use

Top Pick Electrical Service Law Firm Garden Center Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • New Hope Assisted Living LLC 702 E Remus Rd, Mt Pleasant, MI 48858
  • Hospice House: Woodland Hospice House 2597 S Meridian Rd, Mt Pleasant, MI 48858
  • MyMichigan Hospice 2597 S Meridian Rd, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Assisted living facility - Turnkey 12-bed assisted living built in 2001, offered with the full business operation and equipment.
Where is this assisted living facility located?
The property is located at 702 & 700 E Remus Rd Mount Pleasant, MI.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Turnkey 12‑bed assisted living business built in 2001; opened in September and in operation since Sept 2001; Includes business operation plus all equipment, inventory, and the business name; profit and loss statements for 2023–2025 available with a signed Confidentiality Agreement; Business parcel is 1.54 acres on the road (separate tax roll from the residence parcel) and is 5,320 sq ft total for both parcels
More about this property
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