Stefano Terracciano - Arterra Realty Logo
$239,000
( $110.39Per Sq Foot )
 $1,283 est/mo Sourced by Back At You

1624 Gratiot Avenue,Saginaw, MI 48602

Saginaw, MI 48602

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Description

CONFIDENTIAL AFC PORTFOLIO SALE â" Three operating Adult Foster Care facilities and established business being offered as a package acquisition. Includes MLS #20261044596, MLS #20261044006, and MLS #20261044002. Rare opportunity to acquire an established residential care portfolio in Saginaw County, Michigan. The offering consists of three operating care facilities totaling approximately 23â"24 licensed beds and approximately 9,570 square feet of improved real estate. Properties are strategically operated with shared staffing and administrative infrastructure, creating operational efficiencies and scalability for qualified operators. The portfolio offers an opportunity for existing Adult Foster Care providers, assisted living operators, behavioral health organizations, healthcare entrepreneurs, and investors seeking entry or expansion within Michigan's residential care market. Facilities are currently configured for residential care use and benefit from established operational systems and infrastructure. Sale includes real estate and operating business. Financial information, licensing documentation, occupancy details, and operational information are available to qualified purchasers following execution of a confidentiality agreement and proof of financial capability. Portfolio sale only. Seller prefers to sell all facilities together as a single transaction. Do not contact staff, residents, caregivers, or management. All inquiries and showings must be coordinated through the listing broker.

Details

MLS #61004480
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site127
Listing Provided ByEXP Realty Main | Mahmoud Gasama

Features

SQ Feet2,165
BasementY
ZoningMixed Use,Residential
Acreage0.39

Interior

Heating Yes / NoYes
HeatingRadiant

Exterior

Construction MaterialsVinyl Siding
Foundation DetailsBasement

Other

List AorReal Comp

Taxes

Property3356

Area Information

StateMI
CountySaginaw
CitySaginaw
Zip Code48602
AreaSaginaw (73039)
Listing VS Median (in 48602)
Price:
$239,000
low | high
Med:
$94,700
100% of Average
sqft:
2,165
low | high
Med:
1,063
100% of Average
$ / sqft:
$110
low | high
Med:
$89
69.242332949253% of Average
On site:
127
low | high
Med:
52.5
100% of Average
Sourced by Back At You

Market Activity 48602

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Additional Information

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Learn More About This Property

Stefano Terracciano

Stefano Terracciano

Arterra

401581 (248) 925-7129stefano.terracciano@arterrarealty.com
StateMI
CountySaginaw
CitySaginaw
Zip Code48602
AreaSaginaw (73039)
Listing VS Median (in 48602)
Price:
$239,000
low | high
Med:
$94,700
100% of Average
sqft:
2,165
low | high
Med:
1,063
100% of Average
$ / sqft:
$110
low | high
Med:
$89
69.242332949253% of Average
On site:
127
low | high
Med:
52.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $179K - $298K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1624 Gratiot Avenue Property Photo 1
$239,000
1624 Gratiot Avenue
Saginaw, MI 48602
Listing Updated: October 16, 2026 at 4:39:38 PM PDT