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Jenn Smart

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842 W Warwick , Alma, MI 48801
$4,950,000
Est. Payment: $25,795.14/mo
0 Bed
0 Bath
34539 Sqft
Status: active | Days on site: 4
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

A rare opportunity to acquire a purpose-built healthcare facility in the heart of Mid Michigan. Formerly operated as the Warwick Living Center, this exceptionally maintained 34,500-square-foot campus sits on 6.19 acres and offers outstanding potential for skilled nursing, assisted living, memory care, behavioral health, rehabilitation services, or adaptive reuse. Constructed in 2008, the facility was thoughtfully designed to provide both resident comfort and operational efficiency. The building features 45 private resident suites, each with its own en-suite bathroom, organized across three distinct residential wings. Each wing includes dedicated nursing stations, kitchens, and support areas, creating an efficient layout for healthcare operations. Residents and guests benefit from spacious common areas, beautifully designed courtyards, and inviting gathering spaces that promote community and wellness. The campus also features abundant on-site parking and ample room for future expansion. Built with institutional-grade infrastructure, the property includes a whole-building emergency backup generator and comprehensive fire suppression system, providing critical life-safety features for healthcare and residential uses. A dedicated commercial kitchen area remains in place, allowing future operators to install equipment tailored to their needs. Strategically located in Alma, Michigan, and zoned commercial, this move-in-ready facility presents an exceptional opportunity for healthcare providers, investors, and developers seeking a high-quality institutional asset in excellent condition.

Highlights

Listed by Adam Vibber , 989-560-3069 and Bob Fall , 989-737-3927 CENTURY 21 LEE-MAC REALTY , 989-463-6085. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
6.19

Year Built

2008

County

Gratiot

Area

Alma (29017)

Neighborhood

Warwick Living Center

Listing ID

80069793

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:34539
Water:Public Water

Exterior Features

Lot Dimensions:See Associated Docs.
Zoning:Commercial
Roof:Asphalt
Sewer:Public Sanitary
Parking Features:Parking Lot
Principal Interest
$25,795
Taxes
$3,156

Home Price

$4,950,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$990,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$25,795.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $25,795.14 $3,155.63 $0.00 $28,950.76
Yearly $309,541.66 $37,867.50 $0.00 $347,409.16
Total $9,286,249.86 $1,136,025.00 $0.00 $10,422,274.86
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Alma, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T01:10:54.300Z

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