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    Adult Foster Care Facility Portfolio Title is generated by Realmo AI

    1624 Gratiot Avenue, Saginaw, MI 48602

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    For Sale
    $239,000

    For sale package of three operating adult foster care facilities, including real estate and business, configured for residential care use.

    Type:General Commercial
    Added:
    Jun 19, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 24 at 2:28 am

    Property Features for 1624 Gratiot Avenue

    General Information

    Standard status
    Active
    Property subtype
    General Commercial

    Building Details

    Year Built
    1924

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    Listing Contact
    Mahmoud Gasama
    Mahmoud Gasama

    Listing agent Mahmoud Gasama

    Listing office EXP Realty Main

    Listing date Jun 19, 2026

    Source Xome

    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

    HighLights

    • Package sale of three operating adult foster care facilities, offered together as a single transaction.
    • Combined total of approximately 23–24 licensed beds across the three facilities.
    • Approximately 9,570 sq ft of improved real estate included with the operating businesses.
    • Sale includes both the real estate and the operating business for all facilities.
    • Facilities are configured for residential care use.
    • Year built listed as 1924; lot dimensions listed as 115 x 147.

    Overview

    This for-sale portfolio includes three operating Adult Foster Care facilities offered together as a single acquisition package. The combined offering totals approximately 23–24 licensed beds and approximately 9,570 square feet of improved real estate. Each facility is currently configured for residential care use, and the portfolio is supported by shared staffing and administrative infrastructure.

    The property is located at 1624 Gratiot Avenue in Saginaw, Michigan, with additional identified facilities included in the package under MLS #20261044596, MLS #20261044006, and MLS #20261044002. The seller is offering the facilities as one transaction, with no separate parcel or facility breakdown.

    This portfolio sale is intended for qualified operators and healthcare investors seeking entry or expansion within Michigan’s residential care market. The transaction includes both the real estate and the operating business, and it benefits from established operational systems and infrastructure. Financial information, licensing documentation, occupancy details, and operational information are available to qualified purchasers only after execution of a confidentiality agreement and proof of financial capability. Please do not contact staff, residents, caregivers, or management; all inquiries and showings must be coordinated through the listing broker.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Hoornstra Adult Foster Care Home — 704 S Michigan Ave, Saginaw, MI 48602
    • Tony Krasinski's Afc — 1002 Court 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

    Location Insight

    • Map
    • Local Demand
    City
    Saginaw
    County
    Saginaw
    State
    Michigan
    Longitude
    -83.98478
    Latitude
    43.41531

    FAQs

    What type of property is this?
    Assisted living facility - For sale package of three operating adult foster care facilities, including real estate and business, configured for residential care use.
    Where is this assisted living facility located?
    The property is located at 1624 Gratiot Avenue Saginaw, MI.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Package sale of three operating adult foster care facilities, offered together as a single transaction.; Combined total of approximately 23–24 licensed beds across the three facilities.; Approximately 9,570 sq ft of improved real estate included with the operating businesses.
    More about this property
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