$550,000

3965 Newt Drive, Gaylord, MI 49735

  • 2,824 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $195/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Fully operational and state-licensed 6-bed, 2-bath adult foster care (AFC) home on 7.7 acres in Otsego County. This 2,824 sq ft facility has a pristine 27-year compliance history with zero violations. Strong upside: private-pay residents can yield $3,000-$5,000/month per resident, depending on care level. The expansive parcel offers excellent development potential for additional AFC units or other healthcare-related assets. Ideal for investors seeking to enter or scale in the adult care sector. Owners retiring—creative financing available for qualified buyers.

Listing Status:
Active
Date Added:
July 23, 2025 at 05:00AM
Listing Office:
The TEAM Real Estate Group : 989-732-6500
Listing Agent:
Brian Wallace : 989-858-5426
MLS ID:
201836048
  • Disability Feature: Ramped Entrance
  • Road/Access: GravelPaved
  • Originating MLS: Water Wonderland Board of REALTORS®
  • County: Otsego
  • Zoning: R-3PARCEL REMAINING RECORDED SURVEY LIB 1077 PAGE 903 ALL OF LOT 18 AND THAT PART OF LOT 17STONEYCROFT ACRES ACCORDING TO THE PLAT THEREOF AS RECORDED IN LIBER 3 OF THE PLATSPAGES 119-121OTSEGO COUNTY RECORDS BEING PART OF THE NORTHWEST 1/4 OF SEC 25061-230-000-017-03
  • Sewer: Septic Tank
  • Source: Water Wonderland Board of REALTORS®

This listing courtesy of Brian Wallace, The TEAM Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

North Ohio Elementary School

912 N Ohio Ave, Gaylord, MI, 49735

Grades PK-3

3.59 miles away

G

Gaylord Middle School

600 E 5th St, Gaylord, MI, 49735

Grades 7-8

4.84 miles away

G

Gaylord High Schoolvoc Bldg

90 Livingston Blvd, Gaylord, MI, 49735

Grades 9-12

4.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.