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Purpose-Built Nursing Home Campus
For Sale
$4,950,000

842 W Warwick Drive, Alma, MI 48801

Commercial, Alma, MI

Property Size34,539 SF
Lot Size6.19 Acres
Price / SF$143.32
Days on Market97

Property Features for 842 W Warwick Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions Warwick Drive, West of Wright Avenue.
Subdivision Gratiot
Standard status Active
Size 34,539 SF
Lot size 6.19 Acres

Taxes and HOA fees

Tax Description See Associated Docs for Full Legal Description.
Legal Description See Associated Docs for Full Legal Description.

Amenities

common areas
courtyards
gathering spaces
commercial kitchen
emergency backup generator

Building Details

Building materials Brick, Block
Roof type Asphalt
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Added: Jun 15 Changed: Sep 3 Last Checked: Sep 19 at 8:06AM
MLS# 1946706

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.

Built in 2008, this commercial healthcare campus occupies 6.19 acres and includes 45 private resident suites, each with an en-suite bathroom. The interior is arranged in three residential wings, with a nursing station, kitchen, and support areas serving each wing. Common areas, gathering spaces, and courtyards provide additional resident and visitor amenities. A dedicated commercial kitchen area remains in place, while the building’s institutional infrastructure includes a whole-building emergency backup generator and comprehensive fire suppression system.

The property is located at 842 W Warwick Drive in Alma, Michigan, within Gratiot County, and is zoned commercial. The campus includes an on-site parking lot and room for future expansion. Its existing configuration supports healthcare and residential operations, including skilled nursing, assisted living, memory care, behavioral health, and rehabilitation uses identified for the facility.

Key Highlights

  • 45 private resident suites, each with an en‑suite bathroom
  • 6.19‑acre healthcare campus in Alma, Michigan
  • Three residential wings with dedicated nursing stations, kitchens, and support areas

Property Analytics

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Current Use

Nursing homes

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center

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

538
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
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Similar Off Market Nearby

  • Michigan Masonic Home 1200 Wright Ave, Alma, MI 48801

Frequently Asked Questions

What type of property is this?
Nursing home - Three residential wings provide private suites, support areas, courtyards, and institutional life-safety systems.
Where is this nursing home located?
The property is located at 842 W Warwick Drive Alma, MI.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 45 private resident suites, each with an en‑suite bathroom; 6.19‑acre healthcare campus in Alma, Michigan; Three residential wings with dedicated nursing stations, kitchens, and support areas
More about this property
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