842 W Warwick Drive Alma, MI $ 4,950,000
842 W Warwick Drive
$ 4,950,000
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842 W Warwick Drive

Alma, MI, 48801
$ 4,950,000
Bedrooms-- Baths-- Sq 34,539

Monthly Estimate*

$ 30,478

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Commercial Property for sale in Alma, MI

for $4,950,000. This 34,539 square foot building was built in 2008 on a lot size of 6.19.

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.

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Commercial Active

Price

$ 4,950,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

6.19

Year Built

2008

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1946706

Features
General
Sewer Public Sewer
Heating Forced Air Hot Water Natural Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt
Security Features Fire Sprinkler System
Construction Materials Brick Block Vinyl Siding
Year Built 2008
Electric 3-Phase Electric
Township City of Alma
Property Subtype Hospitality
Business Type Health Services
Accessibility Accessible Doors Accessible Hallway(s) Accessible Entrance Accessible Full Bath Raised Toilet Grip-Accessible Features Hand Rails
Assoc Fee Paid Per Annually
Business Name N/A
County Gratiot
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name Warwick Living Center
Garage Y/N N
Green Water Conservation Not Applicable
Rent Includes None
Status New
Directions Warwick Drive West of Wright Avenue.
City Alma
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 269636.4
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 2045000
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description See Associated Docs for Full Legal Description.
Year Built Effective 2016
Freehold IDX
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Exterior
Parking Features Parking Lot
Lot Features Freestanding
Water Source Public
Lot Size Area 6.19
Foundation Details Slab
Spa N
Lot Size Acres 6.19
Other Parking Parking Lot
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded Features
List By
Century 21 Lee-Mac Realty

Broker

(989) 560-3069

Phone

Affordability Calculator

$30,478
Per Month
100%
0%
0%
Monthly Principal & Interest
$30,478
Monthly Property Taxes
--
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.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$4,950,000 Listed Price

Map


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842 W Warwick Drive, Alma, MI, 48801 is a Commercial Property for sale at $4,950,000 with 34,539 sqft and a lot size of 6.19. 842 W Warwick Drive was built in 2008. The property's zip code is 48801 which is in Alma, MI