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427 N Steer St - Former Addison Community Hospital

14,035 SF Health Care Building Offered at $950,000 in Addison, MI 49220

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Investment Highlights

Former Addison Bariatric Hospital
Possibly developed for Multi-Family, Senior Housing, or Self-Storage

500 Kilowatt transformer with 3 Phase Power

Executive Summary

Attention All Developers! Beautiful 7.20 acre property with approximately 875' of Frontage on the tranquil Addison Mill Pond. This property also included the former Addison Bariatric Hospital of 12,235 sq ft and another 1,800 sq ft building that is currently leased for $2,000.00 per month. The hospital has a 500 kilowatt transformer with 3 Phase power and 208 volts. This property could also be developed for multi-family, senior housing, self-storage and many other uses. Call David Misko for more information at 248-207-7388. All information is estimated and should be verified.

Property Facts

Price	$950,000	Lot Size	7.20 AC
Price Per Bed	$86,364	Building Size	14,035 SF
Sale Type	Owner User	No. Beds	11
Sale Conditions	Redevelopment Project	No. Stories	2
Property Type	Health Care	Year Built	1950
Property Subtype	Hospital Healthcare Assisted Living Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center	Tenancy	Single
Building Class	C	Parking Ratio	3.56/1,000 SF

Price	$950,000
Price Per Bed	$86,364
Sale Type	Owner User
Sale Conditions	Redevelopment Project
Property Type	Health Care
Property Subtype	Hospital Healthcare Assisted Living Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center
Building Class	C
Lot Size	7.20 AC
Building Size	14,035 SF
No. Beds	11
No. Stories	2
Year Built	1950
Tenancy	Single
Parking Ratio	3.56/1,000 SF