2113-2123 Grace Rd - Senior Housing FOR SALE


Frankfort, MI 49635
$1,990,000 USD
231-499-0529
2113-2123 Grace Rd, Frankfort, MI for Sale
$1,990,000 USD
Senior Housing - FOR SALE
1/1
null | Request Cap Rate

2113-2123 Grace Rd
Frankfort, MI 49635


HIGHLIGHTS

  • Unique multi-building campus property in Northern Michigan.
  • Includes a 10-suite residential/lodging building and separate farmhouse.
  • Flexible layout suitable for hospitality, retreat, educational, wellness, residential, or investment uses.
  • Features dining facilities, gathering spaces, commercial-style kitchen area, and covered porches.
  • Near Sleeping Bear Dunes National Lakeshore and major recreational destinations.
  • Opportunity for owner-users, operators, or investors seeking a destination-market asset

OVERVIEW

Rare opportunity to acquire a distinctive multi-building campus property in the heart of Northern Michigan. Located just minutes from downtown Frankfort, Crystal Lake, Sleeping Bear Dunes National Lakeshore, and the Lake Michigan shoreline, 2123 Grace Road offers a unique combination of privacy, flexibility, and regional appeal. The property includes a 10-suite residential building totaling approximately 7,980 square feet along with a separate four-bedroom, two-bath farmhouse of approximately 2,700 square feet. Set on roughly three private acres, the improvements support a variety of potential uses, including hospitality, retreat, residential, educational, wellness, or investment-oriented operations. The main building features private suites, gathering areas, dining facilities, commercial-style kitchen space, covered porches, caretaker accommodations, and supporting infrastructure designed to serve group-oriented occupancy. Northern Michigan continues to attract visitors, seasonal residents, and businesses seeking proximity to the area's recreational and tourism destinations. The property's location provides convenient access to Frankfort's downtown amenities, Crystal Lake, outdoor recreation, and the Lake Michigan shoreline while maintaining a secluded campus-like setting. This offering presents a compelling opportunity for investors and owner-operators seeking a versatile property with established improvements in one of Michigan's premier destination markets.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orchard House

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Senior Housing

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

Commercial

APN/PARCEL ID

06-001-069-33

ASK ABOUT THIS PROPERTY

Alex MacKenzieColdwell Banker Schmidt RealtorsMore Info
231-499-0529

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Alex MacKenzieColdwell Banker Schmidt RealtorsMore Info
231-499-0529

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