Assisted Living
For Sale
$365,000
485 E GRAND Boulevard, Detroit, MI 48207
Tenant-occupied assisted living residence with nine bedrooms and four full bathrooms, formerly licensed for adult foster care.
Days on Market25
Property Features for 485 E GRAND Boulevard
General Information
Standard status
Active
Property subtype
General Commercial
Amenities
Asphalt
80.00 x 146.00
Building Details
Year Built
1912
Tenancy
Multi
Listing Agency:
@properties Christie's Int'l R.E. Birmingham
(248) 385-7788
Listed By:
Charles Siciliano
(248) 385-7788
Source:
Xome
Added: Jul 7
Changed: Jul 30
Last Checked: Jul 31 at 3:43AM
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 @properties Christie's Int'l R.E. Birmingham
Investment Insights
Based on property information with market context.
This assisted living facility has operated as a licensed adult foster care setting for more than 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents. The interior layout is designed for flexibility, featuring nine bedrooms, four full bathrooms, and two half baths.
The building was constructed in 1912 and has an asphalt roof. The property sits on an 80.00 x 146.00 lot, providing a substantial residential footprint for continued care and occupancy.
With a proven history of serving long-term residents and a bedroom-and-bath configuration that supports larger group living, the property offers an adaptable foundation for ongoing assisted living operations.
The building was constructed in 1912 and has an asphalt roof. The property sits on an 80.00 x 146.00 lot, providing a substantial residential footprint for continued care and occupancy.
With a proven history of serving long-term residents and a bedroom-and-bath configuration that supports larger group living, the property offers an adaptable foundation for ongoing assisted living operations.
Key Highlights
- Licensed adult foster care operation for over 50 years
- Previously approved for up to 20 residents
- Currently tenant‑occupied with ten long‑term residents
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
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Similar Off Market Nearby
- Passion and Caring Home For The Elderly LLC — 570 E Grand Blvd, Detroit, MI 48207
- Hitt home — 485 E Grand Blvd, Detroit, MI 48207
- Templeton Adult Foster Care — 180 E Grand Blvd, Detroit, MI 48207
- Brighter Haven Inc — 560 E Grand Blvd, Detroit, MI 48207
- Terry Adult Foster Care — 1754 Van Dyke St, Detroit, MI 48214
Frequently Asked Questions
What type of property is this?
Assisted living facility - Tenant-occupied assisted living residence with nine bedrooms and four full bathrooms, formerly licensed for adult foster care.
Where is this assisted living facility located?
The property is located at 485 E GRAND Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Licensed adult foster care operation for over 50 years; Previously approved for up to 20 residents; Currently tenant‑occupied with ten long‑term residents
