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    Addison, MI Senior Housing / Retirement Homes for Sale

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    Manitou Beach, MI Cement City, MI Brooklyn, MI
    Addison Mill Pond Development Opportunity
    $800,000
    12,235 SF

    Addison Mill Pond Development Opportunity

    427 N STEER, Addison, MI 49220

    7.20 acre property with hospital and development potential.

    • Large 7.20 acre property with 875' frontage on Addison Mill Pond.
    • Includes a 12,235 sq ft former Addison Bariatric Hospital and an additional 1,800 sq ft building.
    • Development potential for multi‑family, senior housing, self‑storage, and other uses.
    • Equipped with a 500 kilowatt transformer, 3 Phase power, and 208 volts.
    • Updated with 4 new furnaces in 2023 and new gas piping.
    Updated: Mar 17, 2024
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Addison, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flint Commercial Building Opportunity
    Contact for pricing
    3,354 SF

    Flint Commercial Building Opportunity

    Commercial building with potential for various uses on 1.63 acres.

    2408 W Carpenter, Flint, MI 48505
    View details
    Versatile Investment Opportunity on University
    $599,900
    1.34 Acres

    Versatile Investment Opportunity on University

    High-visibility property suited for diverse commercial applications.

    989 University Dr, Pontiac, MI 48342
    View details
    Versatile Land in Growing Corridor
    $65,000
    18.66 Acres

    Versatile Land in Growing Corridor

    18.66 acres of versatile land in Flint, MI for sale.

    5159 Summit Street, Flint, MI 48505
    View details
    Former School Building For Sale
    $450,000
    38,976 SF

    Former School Building For Sale

    38,976 SF building on 4.59 acres, ideal for redevelopment.

    1033 Barkell St., Pontiac, MI 48340
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $1,850,000
    27.00 Acres

    Prime Commercial Land Opportunity

    27-acre commercial land with high visibility and development potential.

    VL W Carleton Road, Jonesville, MI 49250
    View details
    Prime Commercial Land Opportunity
    $1,850,000
    27.00 Acres

    Prime Commercial Land Opportunity

    27-acre commercial land with high visibility and development potential.

    VL W Carleton Road, Jonesville, MI 49250
    View details
    Commercially Zoned Land Available
    $399,000
    4.50 Acres

    Commercially Zoned Land Available

    Commercial land with development potential in Manchester, Michigan.

    M-52, Manchester, MI 48158
    View details
    Development Land in Coldwater, MI
    $1,495,000
    73.28 Acres

    Development Land in Coldwater, MI

    Large 73-acre parcel suitable for residential or commercial development.

    VL N Fiske Road, Coldwater, MI 49036
    View details

    Addison, MI Senior Housing / Retirement Homes Investment Opportunities Market Analysis

    Explore 1 senior housing / retirement homes for sale in Addison, MI on our real estate platform. These investment opportunities span a total of 12,235 square feet of properties for sale, with an estimated market value of $800,000.

    Sale prices for assisted living facilities in Addison, MI start at $800,000, averaging $800,000, and reaching up to $800,000 — 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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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $77.51 per sq ft
    Tax Rate (average for all types) 3.35%
    Avg Loan-to-Value 65.0%

    Addison Demographics Overview

    Population 2,468
    Population Growth (5Y) +2.3%
    Median Household Income $70,726
    College Educated 29.7%

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