Michigan Senior Housing / Retirement Homes for Sale

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Detroit, MI Traverse City, MI Kalamazoo, MI Grand Rapids, MI Flint, MI Jackson, MI Battle Creek, MI Muskegon, MI

18 properties

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Updated: Feb 4

Barrier-Free Assisted Living Campus

3205 Supply Road, Traverse City, MI 49686

$1,490,000

7,990 sqft 7.44 AC lot

Two buildings total 7,990 square feet across a 7.44‑acre campus
Each home includes 6 bedrooms, 3.5 bathrooms, and a full walkout basement
Barrier‑free bathrooms, doors, and entry areas throughout both homes
Community kitchens, dining rooms, living rooms, and family rooms
Fire suppression system with sprinklers installed

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3205 Supply Road, Traverse City, MI 49686

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$76K
Annual
Price @ 7% Cap

$1.08M
Suggested
Property Type

Homes
Built 2015

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Updated: Jun 15

Purpose-Built Senior Care Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000

34,539 sqft 6.19 AC lot

34,500 SF purpose‑built healthcare facility on 6.19 acres in Alma, MI, constructed in 2008
45 private resident suites, each with an en‑suite bathroom, across three residential wings
Each wing includes dedicated nursing stations, kitchens, and support areas for healthcare operations
Institutional life‑safety features include a whole‑building emergency backup generator and a comprehensive fire suppression system
Dedicated commercial kitchen area remains in place for future operator equipment

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Barrier-Free Assisted Living Facility

3205 Supply Road, Traverse City, MI 49686

$749,000

3,995 sqft 3.83 AC lot

Former care facility with communal gathering areas, accessible features, and a landscaped guest walking path.

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Nursing Home with Full Basement

1640 Webb Street, Detroit, MI 48206

$475,000

19,559 sqft 0.56 AC lot

Former institutional facility with multiple levels and adaptable interior space for permitted residential or community-oriented redevelopment.

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Senior Housing Redevelopment Building

120 N Locust Street, Adrian, MI 49221

$140,000

23,975 sqft 1.34 AC lot

Historic building originally constructed for a hospital in 1911, with an east wing added in 1965.

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Senior Housing Campus

2138 N Carolina Street, Saginaw, MI 48602

$389,000

32,682 sqft 3.49 AC lot

City-approved senior care project with construction plans and drawings prepared for implementation.

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Barrier-Free Assisted Living Facility

Traverse City, MI 49686

$850,000

3,995 sqft

Former assisted living/Adult Foster Care with barrier-free design, community dining, and walkout basements.

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Assisted Living Facility with Residence

702700 Remus Road, Mt Pleasant, MI 48858

$1,350,000

8,264 sqft

Operating senior-care business accompanied by a separate residence, wooded acreage, and heated outbuilding improvements.

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15-Bed Senior Housing Facility

200 S 4th Street, Linwood, MI 48634

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6,000 sqft

Single-story property includes two wings with separate mechanical systems and accessible bathing facilities.

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Historic Building Redevelopment Opportunity

120 North Locust St, Adrian, MI 49221

$140,000

1.34 AC lot

Redevelopment opportunity in historic building for various uses.

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Approved Senior Care Project

2138 N Carolina St, Saginaw, MI 48602

$389,000

3.49 AC lot

City-approved senior care project with potential for 50 beds.

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Turnkey Assisted Living Home Package

11469 North Haggerty Road, Plymouth, MI 48170

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3,500 sqft

Turnkey assisted living property with six private suites and a finished walk-out lower level suited for flexible on-site use.

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Barrier-Free Senior Care Facility

15475 Pardee Road, Taylor, MI 48180

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4,126 sqft

Barrier-free facility with reception, waiting, offices, kitchen, and ample on-site parking on a large lot.

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Muskegon Redevelopment Opportunity

1890 E Apple Ave, Muskegon, MI 49442

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133,000 sqft 14.12 AC lot

133,000 sq ft property on 14.12 acres.

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Senior Housing Facility with Garage

4510 W Maple Road, Bloomfield Hills, MI 48301

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Senior care facility opportunity on W Maple Road with asphalt roof, garage, and outdoor lights.

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Turnkey Senior Housing Residence

8321 Boulder Dr, Flushing, MI 48433

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Turnkey 6-bed senior home with fully handicapped accessible features, appliances, washer/dryer, and generator.

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Former St. John Hospital Building

26755 Ballard St, Harrison Township, MI 48045

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106,518 sqft

106,518 SF former hospital suitable for various uses.

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Assisted Living Facility with Memory Care

628 E Main, Sebewaing, MI 48759

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Maintained senior housing building includes a licensed memory care wing and independent living apartments with kitchens.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Michigan, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Michigan

Consider similar Off-Market properties in Michigan. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOMES (RETIRED, NURSING)

126 Arch St, Ironwood, MI 49938-1900

$475,000

Estimated value

17,548 sqft 0.97 AC lot

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HOMES (RETIRED, NURSING)

100 Santure St, Monroe, MI 48162-4128

$995,000

Estimated value

7,604 sqft 2.41 AC lot

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HOMES (RETIRED, NURSING)

38200 Schoenherr Rd, Sterling Heights, MI 48312-1700

Value Estimation by Request

98,265 sqft 7.04 AC lot

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HOMES (RETIRED, NURSING)

21401 Greater Mack Ave, Saint Clair Shores, MI 48080-2304

Value Estimation by Request

33,646 sqft 1.83 AC lot

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HOMES (RETIRED, NURSING)

535 Main St, Clawson, MI 48017-1526

$12,585,000

Estimated value

31,728 sqft 1.15 AC lot

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HOMES (RETIRED, NURSING)

33440 M 140th Hwy, Covert, MI 49043-8542

$90,000

Estimated value

3,948 sqft 0.09 AC lot

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Michigan Senior Housing / Retirement Homes Market Trends and Statistics

Explore 72 senior housing / retirement homes for sale in Michigan, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 388,143 square feet of properties for sale, with an estimated market value of $10,922,000.

Sale prices for assisted living facilities in Michigan start at $140,000, averaging $1,092,200, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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