702 & 700 E Remus Road
Mount Pleasant, MI, 48858 $ 1,350,000
Bedrooms-- Baths-- Sq 8,264 Monthly Estimate*
$ 8,312
for $1,350,000. This 8,264 square foot building was built in 2001 on a lot size of 9.24.
Turnkey Assisted Living business, and residence with large pole barn and wooded acreage. Price is for the property in its entirety. The turnkey business is full, has been in operation since Sept 2001, and includes all equipment, inventory, real estate and business name. There is a modest income, and potential for much more income if changed from an assisted living to a Hospice house, or if rents are increased to the market rate. These owners have kept the monthly rates modest as a business decision for them. The business parcel at the road is a separate tax roll from the residence parcel behind, and may be available separately for a lower price. The business parcel is 1.54 acres, and the residential parcel is 7.7 acres in size. The square footage given is for both together, the business is 5,320 sq ft and is a 12-bed assisted living business with two wings of 6 beds each, common areas inside of kitchen and living and outside. The house is 1,544 sq ft not including finished basement sq ft of approximately 1,400, and has 5 bedrooms, and 2.5 baths. The business was built in 2001 and opened in September. The house was built in 1959 and has an Ayers Basement System installed. 36x48 pole barn with concrete, electric, and heat, but is not currently insulated also has lean-to addition for additional storage. Garage attached to house is heated, insulated and has water. Business profit and loss statements for 2023, 2024, and 2025 available upon request with signed Confidentiality Agreement. The business price is $975,000, and the house price is $375,000. The business may sell without the house, but the house cannot sell without the business.
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FeaturesGeneralHeating Floor Furnace Forced Air
Cooling Central A/C
Possession Negotiable (Possession)
Roof Asphalt Metal
Water Private Well
Status Active Active
Year Built 2001
Parking Parking Lot
Subdivision N/A MI
County Isabella
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name New Hope Assisted Living
Ownership Private
Municipality Union Twp
Section 18
Zoning Commercial Residential
Sale/Rent For Sale
Status Detail 0
Commercial Features ADA Accessible Bath Fixtures Outbuilding(s) Security Syetem Owned
Area Union Twp (37014)
Primary City Mount Pleasant
Directions From Mt Pleasant West on M-20 3.4 miles to property on South side
City Mount Pleasant
Financial Terms Cash Commercial Loan Conventional
Legal Description Lengthy Legal: See Agent Only Remarks
DOM 145
Postal Code 48858
Price Per Sq Ft Total AG 163.36
Public Remarks Turnkey Assisted Living business and residence with large pole barn and wooded acreage. Price is for the property in its entirety. The turnkey business is full has been in operation since Sept 2001
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ExteriorExterior Frame Vinyl Siding
Lot Size Area 9.24
Lot Dimensions 251.64x1320.59
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* Excluded FeaturesList ByMarnie BasneyListing Agent
Coldwell Banker Mt. Pleasant RealtyBroker
marniebasney@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,312
- Monthly Property Taxes
- $1,425
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Mount Pleasant, MI
Average List Price $341,931
Percent of Sale Price 75%
About Mount Pleasant, MI 27,234 Population
8% Since 2002
$ 34,636 Median Income
21.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/28/2026 | $1,350,000 | -6.90% | Price Down |
| 1/14/2026 | $1,450,000 | | Listed Price |