Adult Foster Care Facility
1624 Gratiot Avenue Saginaw, MI 48602
For Sale
$239,000
For sale package of three operating adult foster care facilities, including real estate and business, configured for residential care use.
Days on Market39
Property Features for 1624 Gratiot Avenue
General Information
- Standard status
- Active
- Property subtype
- General Commercial
Building Details
- Year Built
- 1924
Listing Agency:
EXP Realty Main
(888) 501-7085
Listed By:
Mahmoud Gasama
Source:
Xome
Added: Jun 15
Changed: Jul 10
Last Checked: Jul 16 at 6:09AM
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.
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.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Assisted living facilities
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 - 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.
