1668 W Hibbard Rd - Assisted Livings FOR SALE


Owosso, MI 48867
$950,000 USD
517-214-7767
1668 W Hibbard Rd, Owosso, MI for Sale
$950,000 USD
Assisted Livings - FOR SALE
1/35
null | Request Cap Rate

1668 W Hibbard Rd
Owosso, MI 48867


HIGHLIGHTS

  • Total Buildings: 5 structures including 3 residential care buildings, 1 office/administration building, and 1 barn/event facility
  • Zoning: A-2 Agricultural – previously approved for Adult Foster Care (Group Home – 6 beds per building)
  • Land Size: 10 acres with private pond, fenced perimeter, and ample open space
  • Infrastructure: Barrier-free design, accessible ramps, wide corridors, multiple bathrooms, large kitchens, laundry on each floor, and updated finishes

OVERVIEW

This property presents a prime opportunity to acquire a fully developed residential care campus on 10 acres in Owosso Township, Shiawassee County, Michigan. Previously operated as a licensed Adult Foster Care facility, the campus includes three accessible residential buildings, an office/admin space, and a 3,280 sq. ft. multi-bay barn, all complemented by a private fenced pond and ample parking. Building A, the main residence, offers approximately 4,956 sq. ft. with six bedrooms, 3.5 baths, dual laundry rooms, a central living area, walk-in pantry, and covered accessible porches. Building B, a duplex-style facility of about 4,640 sq. ft., features six bedrooms with Jack & Jill baths, a private office suite, and open-concept living spaces. Building C, a 1,716 sq. ft. private room facility, provides seven bedrooms with en-suite baths, a shared shower room, and lounge area. A central kitchen connects all three buildings for streamlined meal preparation. The barn structure, with high ceilings and four bays, is ideal for events, workshops, or storage. Located just five minutes from Owosso Memorial Healthcare and shopping, and within easy reach of Flint, Lansing, and Ann Arbor, this property is zoned A-2 and was built in 1979. It is well-suited for re-establishing as an Adult Foster Care facility, converting to senior or transitional housing, developing co-living or sober living accommodations, or utilizing the barn for community programming or microenterprise activities.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.09 AC

LAND SF

875,120 SF

ZONING

Commercial/Residential

APN/PARCEL ID

006-35-300-011-01

ASK ABOUT THIS PROPERTY

Mohammad HeidariSepidar IncMore Info
517-214-7767

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Mohammad HeidariSepidar IncMore Info
517-214-7767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.