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702 & 700 E Remus Rd, Union charter township, Michigan

$1,350,000

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9.24

Acres

About 702 & 700 E Remus Rd

Turnkey Assisted Living business, and residence with large pole barn and wooded acreage. Price is for the property in its entirety. The turnkey business is full, has been in operation since Sept 2001, and includes all equipment, inventory, real estate and business name. There is a modest income, and potential for much more income if changed from an assisted living to a Hospice house, or if rents are increased to the market rate. These owners have kept the monthly rates modest as a business decision for them. The business parcel at the road is a separate tax roll from the residence parcel behind, and may be available separately for a lower price. The business parcel is 1.54 acres, and the residential parcel is 7.7 acres in size. The square footage given is for both together, the business is 5,320 sq ft and is a 12-bed assisted living business with two wings of 6 beds each, common areas inside of kitchen and living and outside. The house is 1,544 sq ft not including finished basement sq ft of approximately 1,400, and has 5 bedrooms, and 2.5 baths. The business was built in 2001 and opened in September. The house was built in 1959 and has an Ayers Basement System installed. 36x48 pole barn with concrete, electric, and heat, but is not currently insulated also has lean-to addition for additional storage. Garage attached to house is heated, insulated and has water. Business profit and loss statements for 2023, 2024, and 2025 available upon request with signed Confidentiality Agreement. The business price is $975,000, and the house price is $375,000. The business may sell without the house, but the house cannot sell without the business.

Features of 702 & 700 E Remus Rd

MLS® # 79080064838
Price $1,350,000
Bathrooms 0.00
Acres 9.24
Year Built 2001
Type Commercial
Status Active

Community Information

Address 702 & 700 E Remus Rd
Area 37111 - Union Twp
Subdivision N/A
City Union charter township
County Isabella
State Michigan
Zip Code 48858

Amenities

Utilities Natural Gas Connected
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas, Floor Furnace
Cooling Central Air
Fireplace No

Exterior

Construction Frame, Vinyl Siding
Foundation Basement, Slab

School Information

District Mt. Pleasant

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER MT. PLEASANT REALTY
Contact Infomarniebasney@gmail.com

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