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427 N Steer St - Former Addison Community Hospital

14,035 SF Health Care Building Offered at £743,328 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	£743,328	Lot Size	7.20 AC
Price Per Bed	£67,575	Building Size	14,035 SF
Sale Type	Owner User	No. Beds	11
Sale Conditions	Development Sale	Number of Floors	2
Property Type	Health Care	Year Built	1950
Property Subtype	Hospital Healthcare Assisted Living Healthcare Continuing Care Retirement Community Rehabilitation Centre	Tenancy	Single
Building Class	C	Parking Ratio	3.56/1,000 SF

Price	£743,328
Price Per Bed	£67,575
Sale Type	Owner User
Sale Conditions	Development Sale
Property Type	Health Care
Property Subtype	Hospital Healthcare Assisted Living Healthcare Continuing Care Retirement Community Rehabilitation Centre
Building Class	C
Lot Size	7.20 AC
Building Size	14,035 SF
No. Beds	11
Number of Floors	2
Year Built	1950
Tenancy	Single
Parking Ratio	3.56/1,000 SF