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12-Bed Assisted Living Facility
For Sale
$1,350,000

702 & 700 E Remus Road, Mt Pleasant, MI 48858

Commercial, Mt Pleasant, MI

Property Size8,264 SF
Lot Size9.24 Acres
Price / SF$163.36
Days on Market257

Property Features for 702 & 700 E Remus Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential, Commercial
Bathrooms 17
Full bathrooms 17
Rooms Bathroom 12, Bathroom 17, Bathroom 7, Bathroom 8, Bathroom 10, Bathroom 6, Bathroom 1, Bathroom 9, Bathroom 11, Bathroom 15, Bathroom 2, Bathroom 14, Bathroom 5, Bathroom 4, Bathroom 16, Bathroom 3, Bathroom 13
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions From Mt Pleasant, West on M-20 3.4 miles to property on South side
Subdivision Isabella
Standard status Active
Size 8,264 SF
Lot size 9.24 Acres

Taxes and HOA fees

Tax Description Lengthy Legal: See Agent Only Remarks
Tax Annual Amount 17099
Legal Description Lengthy Legal: See Agent Only Remarks

Utilities

Water source Private

Building Details

Building materials Frame
Roof type Asphalt, Metal
Listing Agency: COLDWELL BANKER MT. PLEASANT REALTY
Listed By: Marnie Basney · License #6506047755
Added: Jan 12 Changed: Sep 13 Last Checked: Sep 26 at 3:06AM
MLS# 1941664

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property combines a 5,320-square-foot assisted living operation with a 1,544-square-foot residence and approximately 1,400 square feet of finished basement space. The care facility has 12 beds arranged in two six-bed wings, along with kitchen and living areas and indoor and outdoor common spaces. The business has operated since September 2001, and the sale includes equipment, inventory, real estate, and the business name.

The residence includes five bedrooms and 2.5 baths. A 36-by-48-foot pole barn provides concrete flooring, electric service, heat, and a lean-to storage addition; the structure is not currently insulated. The attached garage is heated, insulated, and equipped with water. The property spans 9.24 acres across separate business and residential tax parcels, with private water service and parking on site.

Key Highlights

  • 5,320‑square‑foot assisted living facility with 12 beds in two six‑bed wings
  • Business has operated since September 2001; equipment, inventory, real estate, and business name included
  • Residential parcel includes a 1,544‑square‑foot house plus approximately 1,400 square feet of finished basement

Property Analytics

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Current Use

New Hope Assisted ... Nursing Home

Suggested Use

Top Pick Electrical Service Restaurant Law Firm Garden Center Nursing Home

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Similar Off Market Nearby

  • New Hope Assisted Living LLC — 702 E Remus Rd, Mt Pleasant, MI 48858
  • Hospice House: Woodland Hospice House — 2597 S Meridian Rd, Mt Pleasant, MI 48858
  • MyMichigan Hospice — 2597 S Meridian Rd, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Assisted living facility - Operating care business includes a residence, common areas, and a heated storage barn.
Where is this assisted living facility located?
The property is located at 702 & 700 E Remus Road Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 5,320‑square‑foot assisted living facility with 12 beds in two six‑bed wings; Business has operated since September 2001; equipment, inventory, real estate, and business name included; Residential parcel includes a 1,544‑square‑foot house plus approximately 1,400 square feet of finished basement
More about this property
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