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Two-Home Assisted Living Campus
For Sale
$1,490,000

3205 Supply Road, Traverse City, MI 49686

The residences feature barrier-free layouts, shared living and dining spaces, and fire-suppression systems.

Property SizeContact for details
Days on Market264

Property Features for 3205 Supply Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Sprinkler System Yes

Building Details

Buildings 2
Listing Agency: Five Star Real Estate - Front St TC
Listed By: Sam Abood · License #6504216686
Source: Pyxisrealty
Added: Feb 4 Changed: Oct 25 Last Checked: Oct 26 at 3:19AM

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 Five Star Real Estate - Front St TC

Rey
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Investment Insights

Based on property information with market context.

This two-home property includes residences at 3205 Supply Road and 3255 Mahoney Dr. in Traverse City. Each home measures 3,995 square feet and has six bedrooms, 3.5 bathrooms, a community kitchen, dining area, living room, and family room. The homes previously operated as assisted living and adult foster care facilities.

Barrier-free features include bathrooms, doorways, and entry areas. Laminate flooring runs throughout, and each home has a full walkout basement. Fire-suppression systems with sprinklers are installed. A walking path connects outdoor areas for guests.

Key Highlights

  • Two homes at 3205 Supply Road and 3255 Mahoney Dr. in Traverse City
  • Each residence has 3,995 square feet, 6 bedrooms, and 3.5 bathrooms
  • Community kitchen, dining area, living room, and family room in each home

Property Analytics

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Current Use

Assisted living facilities

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Restaurant Law Firm Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Assisted living facility - The residences feature barrier-free layouts, shared living and dining spaces, and fire-suppression systems.
Where is this assisted living facility located?
The property is located at 3205 Supply Road Traverse City, MI.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two homes at 3205 Supply Road and 3255 Mahoney Dr. in Traverse City; Each residence has 3,995 square feet, 6 bedrooms, and 3.5 bathrooms; Community kitchen, dining area, living room, and family room in each home
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