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1610 Gratiot Avenue, Saginaw, MI, 48602
Adult Foster Care Facility Portfolio

1610 Gratiot Avenue Saginaw, MI 48602

For Sale
$299,000

Package sale of three licensed adult foster care facilities with included real estate and operating businesses.

Days on Market40

Property Features for 1610 Gratiot Avenue

General Information

Standard status
Active
Property subtype
General Commercial

Building Details

Year Built
1908
Listing Agency: EXP Realty Main
Listed By: Mahmoud Gasama
Source: Xome
Added: Jun 14 Changed: Jul 10 Last Checked: Jul 8 at 12:19PM

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 EXP Realty Main


Investment Insights

Based on property information with market context.

The offering is an established Adult Foster Care (AFC) portfolio for sale, including three operating residential care facilities and the related operating business elements. The facilities are currently configured for residential care use and are supported by shared staffing and administrative infrastructure. The portfolio includes approximately 23–24 licensed beds across the three locations and includes approximately 9,570 square feet of improved real estate. Purchase includes both the real estate and the operating business, with licensing documentation, financial information, occupancy details, and operational information provided to qualified purchasers after execution of a confidentiality agreement and proof of financial capability.

This is a portfolio sale only, with the seller preferring to sell all facilities together as a single transaction. The properties are located in Saginaw County, Michigan, and are being marketed with multiple MLS identifiers as part of the combined package. Inquiries and showings must be coordinated through the listing broker, and the seller requests that buyers do not contact staff, residents, caregivers, or management.

This package is suited to qualified AFC providers and other healthcare operators interested in acquiring an established residential care platform within Michigan. It may also appeal to assisted living operators, behavioral health organizations, and healthcare entrepreneurs seeking to add operating facilities to an existing organization or to enter the category with systems already in place. Because the business and real estate are included together, buyers should plan for due diligence coordinated through the listing broker and supporting documentation available under confidentiality.

Key Highlights

  • Package sale of three operating adult foster care (AFC) facilities in Saginaw County, MI
  • Totals approximately 23–24 licensed beds across the three facilities
  • Includes approximately 9,570 SF of improved real estate, configured for residential care use

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shiavone Home Nursing Home

Suggested Use

Real Estate Agency Dental Office Restaurant Building Supply Spa & Massage Center Skin Care Clinic Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

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

FAQs

What type of property is this?
Assisted living facility - Package sale of three licensed adult foster care facilities with included real estate and operating businesses.
Where is this assisted living facility located?
The property is located at 1610 Gratiot Avenue Saginaw, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Package sale of three operating adult foster care (AFC) facilities in Saginaw County, MI; Totals approximately 23–24 licensed beds across the three facilities; Includes approximately 9,570 SF of improved real estate, configured for residential care use
More about this property
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