Northville, MI 48167,20800 E CHIGWIDDEN Street

$684,058

Est. payment /mo

$900,000

24.0%
Est.Price: ?

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20800 E CHIGWIDDEN Street Northville, MI 48167

2,216 SqFt

SOLD DATE : 10/13/2023

Key Details

Sold Price $684,058

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 2,216 sqft

Price per Sqft $308

Subdivision Northville Estates

MLS Listing ID 20230050738

Year Built 1956

Annual Tax Amount $8,464

Lot Size 0.610 Acres

Property Description

The asking price of $1,600,000 is for two locations 1) Northville, MI ($900k business and real estate Essence Memory Care I, MLS #20230050738) and 2) Farmington Hills, MI ($700k business and real estate Essence Memory Care II, MLS #20230050786).

This existing in-home healthcare business offers two fully remodeled and licensed turnkey and profitable locations in a residential setting. Each location is licensed separately and offers 6 beds per location. Fully occupied with annual contract renewals and a waiting list of future residents. Photos of both locations are included.

This business, its owner, and care team have a great reputation and take great pride in offering one on one companionship to their residents in addition to providing the medical care that they require. Both are cash flow positive in an industry that will only continue to grow as the demand for more personal and quality in home care continues.

The real estate and businesses are owned and managed by the same partners. Cassand Realty owns the real property, Essence Memory Care I is the owning entity of the Northville location and Essence Memory Care II is the owning entity of the Farmington Hills location. Financials are organized by entity.

A signed NDA is included in the documents, please sign and email to Whitney to obtain financial and additional sale details for the properties.

Location

State MI

County Oakland

Area Northville (Oakland County)

Zoning Residential

Interior

Heating Baseboard

Exterior

Roof Type Asphalt

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Aluminum,Brick

Schools

School District Northville

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Full Service

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Realcomp MLS
Listed by Whitney Findlay of Findlay Investments, LLC
Bought with Findlay Investments, LLC
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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