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Foundry Real Estate Partners, Inc
11400 Coral Road, Coral, MI 49322
- $750,000
- 3
- BA
- List Price
- $750,000
- Days on Market
- 5
- MLS#
- 26058577
- Status
- ACTIVE
- Type
- Commercial
- Bathrooms
- 3
- Full-baths
- 3
Property Description
More than a business, this is an opportunity to carry forward a legacy of care. This currently licensed 12-bed adult foster care home offers 3,988 square feet on 5.44 peaceful country acres, including private caretaker quarters and two barns with hobby-farm potential. Improvements include new windows with a transferable warranty, a metal roof, upgraded kitchen and flooring, and a newer WoodMaster outdoor wood-burning boiler. The residents have become like family to the retiring owners, who are seeking a compassionate buyer to continue the home's tradition of warmth, stability, and personal care. Many residents are supported through state-funded contracts providing enhanced daily reimbursement rates, while most remain relatively independent. With an established operating history and meaningful revenue potential, this is a rare opportunity to acquire valuable real estate and a business that truly matters.
Additional Information
- Taxes
- $4,741
- Acres
- 5.44
- Heating
- Hot Water, Outdoor Furnace
- Roofing
- Metal
- School District
- Lakeview
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Propane, Electricity Available, Phone Available
- Water
- Well
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Listing courtesy of Listing Agent: John McMahon from Listing Office: Mantle Realty Co..
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