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Assisted Living Facility Redevelopment
For Sale
$349,900

1413 Gratiot Avenue, Saginaw, MI 48602

Large institutional property with a commercial kitchen, substantial land area, and complete interior rehabilitation needs.

Property Size52,893 SF
Lot Size9.06 Acres
Price / SF$6.62
Days on Market220

Property Features for 1413 Gratiot Avenue

General Information

Standard status Active
Size 52,893 SF
Lot size 9.06 Acres
Property subtype General Commercial

Property Condition

Severity Major Repairs Needed
Evidence The interior requires a complete rehab

Additional Details

Asking Price $350,000

Amenities

20x60

Building Details

Year Built 1955
Listing Agency: Century 21 Curran & Oberski
Listed By: MK Hamid
Source: Xome
Added: Jan 23 Changed: Aug 30 Last Checked: Aug 30 at 6:03PM

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 Century 21 Curran & Oberski

Investment Insights

Based on property information with market context.

Located at 1413 Gratiot Avenue in Saginaw, this former assisted living property contains 52,893 square feet on 9.06 acres. Built in 1955, the institutional facility includes a full commercial kitchen and a foundation that remains in place, while the interior requires complete rehabilitation. The building currently has no power or heat, and showings require an agent’s presence and a flashlight.

The property has an approved 12-year property tax abatement from the City of Saginaw. The existing improvements and land are described as suitable for redevelopment or conversion involving medical, senior care, behavioral health, storage, institutional, industrial, or multi-use concepts, subject to applicable approvals and verification.

Key Highlights

  • 52,893‑square‑foot institutional facility on 9.06 acres
  • Former assisted living property with a full commercial kitchen
  • Interior requires complete rehabilitation

Property Analytics

Current Use

Closed facility Waste Management Facility Harmony Home Health ... Nursing Home

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Accounting Firm

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

185
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Beacon Harbor Afc 2026 Division St, Saginaw, MI 48602
  • Harmony Home Health & Hospice (Compassionate Care Hospice) 1413 Gratiot Ave suite b, Saginaw, MI 48602
  • Hoornstra Adult Foster Care Home 704 S Michigan Ave, Saginaw, MI 48602
  • Shiavone Home 1610 Gratiot Ave, Saginaw, MI 48602

Frequently Asked Questions

What type of property is this?
Assisted living facility - Large institutional property with a commercial kitchen, substantial land area, and complete interior rehabilitation needs.
Where is this assisted living facility located?
The property is located at 1413 Gratiot Avenue Saginaw, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 52,893‑square‑foot institutional facility on 9.06 acres; Former assisted living property with a full commercial kitchen; Interior requires complete rehabilitation
More about this property
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