Property summary
~~~SELLER WILL LOOK AT ALL OFFERS-EXTREMELY MOTIVATED~~~ Versatile Commercial Facility 24 Bedrooms | 23 Baths | 25,000 Sq Ft | C2 Zoning | 2.7 Acres!!! Unlock a rare opportunity to own a well-built, flexible commercial property with 25,000 sq ft of usable space on 2.7 acres in beautiful Algonac, MI. Zoned C2, this solidly constructed facility offers immense potential for a variety of business ventures including: ADULT FOSTER CARE, REHAB CENTER, VETERANS CARE FACILITY, BED & BREAKFAST/HOSPITALITY, ASSISTED LIVING/LODGING, DAYCARE/SCHOOL. Key Features: 24 Private Bedrooms | 21 Full Baths | 2 Half Baths. Fully operational commercial kitchen with walk-in cooler and freezer, LED lighting, and all equipment. Spacious day room with fireplace, and seating for 50+ people. Furnished banquet hall with adjacent patio, seating up to 50 guests. Each room includes individual HVAC controls. Full laundry facility with washer/dryer, linens, and supplies. On-site salon/barber room, 3 staircases, and solid-core doors. Sound-resistant concrete second floor for safety and noise control. ADA accessible areas for inclusive operations. Unfinished 1,000 sq ft apartment above 3-car garage (roughed in for 2 bed/2 bath + kitchen/lounge). Infrastructure Highlights:(2) 500,000 BTU Lochinvar high-efficiency boilers. Lochinvar hot water system with dual 119-gallon reserve tanks. Epoxy-finished Floors, 2 sump pumps, and 2x6 staggered insulated walls. Slate tile and hardwood floors, newer roof (10–12 years old). On-site residential-style parking, front desk & welcoming lobby. Located on the Blue Water bus line, with walking/biking path to Algonac State Park. Close to Downtown Algonac & Marine City with river views. This turnkey facility is code-compliant and nearly move-in ready, requiring only minor updates for design personalization. Ideal for owner-operators, nonprofit organizations, or investors seeking a high-demand, multi-functional care or hospitality property. bikeScore: 28, Somewhat Bikeable walkScore: 4, Car-Dependent
Property profile
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Current use
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Nursing Home Retirement Community
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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