Senior Housing

Alma, MI Senior Housing / Retirement Homes for Sale

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Purpose-Built Nursing Home Campus
Updated: Jun 15
Purpose-Built Nursing Home Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000
34,539 sqft 6.19 AC lot
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
Whole‑building emergency backup generator and comprehensive fire suppression system
Dedicated commercial kitchen area remains in place
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1 active listing matches your search: Senior Housing for sale in Alma, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

20-Unit Assisted Living Facility
20-Unit Assisted Living Facility

17935 Roosevelt Rd, Hemlock, MI 48626

$1,500,000
9,500 sqft

2019-built senior care property with private and shared bathing arrangements in an Adult Foster Care setting.

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Assisted Living Facility with Residence
Assisted Living Facility with Residence

14190 19 Mile Road NE, Gowen, MI 49326

$494,900
18,000 sqft 4.59 AC lot

An attached private residence provides a separate living space alongside the senior care facility.

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Senior Housing Campus
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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Senior Housing Development Land
Senior Housing Development Land

4063 E Saginaw Hwy, Grand Ledge, MI 48837

$700,000

Commercial land with an approved plan for independent living, memory care, or assisted living development.

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Alma, MI Senior Housing / Retirement Homes Market Trends and Statistics

Explore 1 senior housing / retirement homes for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 34,539 square feet of properties for sale, with an estimated market value of $4,950,000.

Sale prices for assisted living facilities in Alma, MI average $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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 1
Nursing homes 1

Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $5M

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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