Former Adult Foster Care

Special Purpose for Sale
Catylist Listing ID: 30843190
Property Subtypes: Health Care/Medical
Building Size (RSF): 9,337 SF
Gross Building Area: See Agent
Gross Land Area: 12,700 SF
Sale Price: $550,000
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2023

Overview / Comments

New Center Inn Adult Foster Care, recently closed building that was licensed for 20 residents. It has the space to more than double that amount. Wonderful victorian style in th main building and the second building in the apartment style. Both buildings included (158 Pingree adress included) on one parcel. Perfect for a Rehab center, Group Home, VA home or a business headquarters. Full kitchen in the main building. New boiler approx one year old. Main building is in good condition, the second building needs some work. Real estate only.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 02001299
Property Located Between: Between second and Woodward
Property Visibility: Good
Largest Nearby Street: Woodward
Feet of Frontage: 100
Highway Access: Lodge and Chrysler Freeways nearby
Airports: Metro Airport
Site Description: The site is in good condition. Inclosed asphalt parking lot totally fenced.
Area Description: North of the New Center area
Total Number of Buildings: 2
Number of Stories: 3
Property Condition: Fair
Year Built: 1925
Roof Type: Other
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Fenced lot
Heat Type: Natural Gas, Steam
Heat Source: Central
Zoning Description: Commercila -201
Lot Frontage: 100
Lot Depth: 127
Water Service: Municipal
Sewer Type: Storm
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,684 172,171 471,911
Median Age: 39.75 35.72 35.09
Households: 8,196 69,351 178,983


Photograph of Listing Agent

Philip V Lang

RE/MAX Commercial Connection
CPIX Member
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