Nursing Home with Full
For Sale
$475,000
1640 Webb Street, Detroit, MI 48206
Former institutional facility with multiple levels and adaptable interior space for permitted residential or community-oriented redevelopment.
Property Size19,559 SF
Lot Size0.56 Acres
Price / SF$24.29
Days on Market30
Property Features for 1640 Webb Street
General Information
Standard status
Active
Size
19,559 SF
Lot size
0.56 Acres
Property subtype
Commercial
Zoning
Multi-Family, Multiple, Residential
Lease Term
Cash, Warranty Deed
Taxes and HOA fees
Annual Taxes
$23,616
Building Details
Building Size
19,559 SF
Year Built
1964
Stories
3
Listing Agency:
Detroit Progress Realty LLC
(313) 888-6060
Listed By:
Mikhail Grigoryan · License #6502425564
(313) 888-6060
Source:
Sabudarealty
Added: Jul 13
Changed: Aug 4
Last Checked: Aug 10 at 12:24PM
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 Detroit Progress Realty LLC
Investment Insights
Based on property information with market context.
This former nursing facility contains 19,559 square feet across three above-grade levels and a full basement on a 0.56-acre site. The building includes 56 hospital-style rooms and 62 bathrooms, with interior configuration reflecting its prior use and offering substantial space for redevelopment. The property was previously operated with an approximate 100-bed capacity and was built in 1964.
Located at 1640 Webb Street in Detroit’s Dexter-Linwood neighborhood, the property is zoned R5, identified as a Multi-Family Residential District. Potential redevelopment concepts described for the site include multifamily housing, senior living, supportive housing, and other uses permitted through city approval.
Located at 1640 Webb Street in Detroit’s Dexter-Linwood neighborhood, the property is zoned R5, identified as a Multi-Family Residential District. Potential redevelopment concepts described for the site include multifamily housing, senior living, supportive housing, and other uses permitted through city approval.
Key Highlights
- 19,559 square feet of building space on a 0.56‑acre lot
- Three above‑grade levels plus a full basement
- 56 hospital‑style rooms and 62 bathrooms
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Nursing home - Former institutional facility with multiple levels and adaptable interior space for permitted residential or community-oriented redevelopment.
Where is this nursing home located?
The property is located at 1640 Webb Street Detroit, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 19,559 square feet of building space on a 0.56‑acre lot; Three above‑grade levels plus a full basement; 56 hospital‑style rooms and 62 bathrooms
