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Property profile & analytics
OFF-MARKET
Assisted living facilities

1217 Stateline Rd Niles, MI 49120-4729

4,800 SF 2.01 ac lot Built 2005
Entity Owned 1-yr Hold Free & Clear
Property ID
US43-3668994
Property summary
AI-generated overview

This expansive Niles, MI commercial property offers 4,800 square feet of versatile space, ideally suited for a variety of uses. Situated on a generous 2.01-acre double lot, the building boasts 12 bedrooms, three full bathrooms, and three half bathrooms. A full kitchen, multiple sitting areas, a storage shed, and a garage are included. Previously utilized as an elderly care facility, the property's layout is well-suited for similar uses, such as assisted living or daycare. The existing furnishings are included in the sale price of $389,000. Upstairs, there are staff living quarters, providing additional convenience and flexibility. The ample space and versatile design offer significant potential for entrepreneurs and investors seeking a substantial commercial property in a prime location. The property's size and features present numerous possibilities for adaptation and redevelopment, making it an attractive investment opportunity. With its extensive square footage and expansive lot, this property is ready for its next chapter. The building's history as an elderly care facility provides a solid foundation for similar ventures, but its adaptability allows for a wide range of commercial uses. The inclusion of all furnishings simplifies the transition for the new owner.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2005
Total area 4,800 SF
Lot 2.01 ac (87,556 SF)
APN 14-0123-0100-01-6
UPID US43-3668994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blessed Home Adult Foster Care Nursing Home Retirement Community
  • Grace Braiding Salon & Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Simba Holdings LLC · 1 yrs held
Simba Holdings LLC
since 2025
2 recorded transactions
2025
Price N/A
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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