200 S 4th St - Assisted Livings FOR SALE


Kawkawlin, MI 48631
$549,000 USD
586-327-8033
200 S 4th St, Kawkawlin, MI for Sale
$549,000 USD
Assisted Livings - FOR SALE
1/88
null | Request Cap Rate

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200 S 4th St
Kawkawlin, MI 48631


OVERVIEW

Rare opportunity to acquire an approximately 6,000-square-foot, single-story special-purpose property in Linwood, Michigan. The building is configured into two distinct wings of approximately 3,000 square feet each, offering a total of 15 bedrooms, two kitchens, accessible bathing facilities, common living areas, laundry hookups and separately served mechanical systems. Formerly used as a convent and licensed care facility, the property may appeal to adult foster care, senior housing, supportive housing, recovery housing, nonprofit and community-service operators. Its two-wing design also creates potential for multi-generational living, owner-occupancy or a residential duplex strategy, subject to municipal approval and confirmation of legal unit status. Each wing includes its own heating, cooling and water-heating systems. Additional features include walk-in ADA showers in both wings, an expanded meal-preparation kitchen, updated furnaces, fresh paint, new carpeting and a Generac backup generator system reported to serve most of the building. The property also offers an interior courtyard with a covered outdoor gathering area. Located in the Linwood community of Bay County, the property provides convenient access to M-13, I-75, Bay City and the greater Tri-City area. All proposed uses, zoning, occupancy, licensing, building-code compliance and generator coverage should be independently verified by the buyer.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

15-Bedroom Dual-Wing Care & Housing Facility

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

Commercial

APN/PARCEL ID

09-080-L06-015-001-01

ASK ABOUT THIS PROPERTY

Brock BeanTDG CommercialMore Info
586-327-8033

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Brock BeanTDG CommercialMore Info
586-327-8033

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