5
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$239,000
Est. payment /mo
2,165 SqFt
New
1624 Gratiot AVE Saginaw, MI 48602
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Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 2,165 sqft
Price per Sqft $110
MLS Listing ID 20261046844
Year Built 1924
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type BusinessandRealEstate
Property Description
CONFIDENTIAL AFC PORTFOLIO SALE – Three operating Adult Foster Care facilities and established business being offered as a package acquisition. Includes MLS #20261044596, MLS #20261044006, and MLS #20261044002.
Rare opportunity to acquire an established residential care portfolio in Saginaw County, Michigan. The offering consists of three operating care facilities totaling approximately 23–24 licensed beds and approximately 9,570 square feet of improved real estate. Properties are strategically operated with shared staffing and administrative infrastructure, creating operational efficiencies and scalability for qualified operators.
The portfolio offers an opportunity for existing Adult Foster Care providers, assisted living operators, behavioral health organizations, healthcare entrepreneurs, and investors seeking entry or expansion within Michigan's residential care market. Facilities are currently configured for residential care use and benefit from established operational systems and infrastructure.
Sale includes real estate and operating business. Financial information, licensing documentation, occupancy details, and operational information are available to qualified purchasers following execution of a confidentiality agreement and proof of financial capability.
Portfolio sale only. Seller prefers to sell all facilities together as a single transaction. Do not contact staff, residents, caregivers, or management. All inquiries and showings must be coordinated through the listing broker.
Rare opportunity to acquire an established residential care portfolio in Saginaw County, Michigan. The offering consists of three operating care facilities totaling approximately 23–24 licensed beds and approximately 9,570 square feet of improved real estate. Properties are strategically operated with shared staffing and administrative infrastructure, creating operational efficiencies and scalability for qualified operators.
The portfolio offers an opportunity for existing Adult Foster Care providers, assisted living operators, behavioral health organizations, healthcare entrepreneurs, and investors seeking entry or expansion within Michigan's residential care market. Facilities are currently configured for residential care use and benefit from established operational systems and infrastructure.
Sale includes real estate and operating business. Financial information, licensing documentation, occupancy details, and operational information are available to qualified purchasers following execution of a confidentiality agreement and proof of financial capability.
Portfolio sale only. Seller prefers to sell all facilities together as a single transaction. Do not contact staff, residents, caregivers, or management. All inquiries and showings must be coordinated through the listing broker.
Location
State MI
County Saginaw
Area Area73072Saginaw
Interior
Heating Natural Gas, Radiant
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
School District Saginaw City
Others
Senior Community false
Acceptable Financing Cash, Conventional, UsdaLoan, WarrantyDeed
Listing Terms Cash, Conventional, UsdaLoan, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by Mahmoud Gasama of EXP Realty Main
NEARBY SCHOOL & BUSINESS
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