842 W Warwick Drive
Alma, MI, 48801 $ 4,950,000
Bedrooms-- Baths-- Sq 34,539 Monthly Estimate*
$ 30,478
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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FeaturesGeneralHeating Forced Air Hot Water
Cooling Central A/C
Possession Negotiable (Possession)
Roof Asphalt
Water Public Water
Status Active Active
Year Built 2008
Parking Parking Lot
Subdivision Warwick Living Center MI
County Gratiot
Class COM/IND/BUS OPP
Type Business
Business Name N/A
Ownership Private
Municipality Alma
Section 28
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features 3 Phase Power ADA Accessible Sprinkler System
Area Alma (29017)
Primary City Alma
Directions Warwick Drive West of Wright Avenue.
City Alma
Financial Terms Cash Commercial Loan
Legal Description See Associated Docs for Full Legal Description.
DOM 2
Postal Code 48801
Price Per Sq Ft Total AG 143.32
Public Remarks 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
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ExteriorExterior Block Brick Vinyl Siding
Lot Size Area 6.19
Lot Dimensions See Associated Docs.
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* Excluded FeaturesList ByCentury 21 Lee-Mac RealtyBroker
adam.vibber@c21leemac.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Alma, MI
Average List Price $522,770
Percent of Sale Price 89%
About Alma, MI 9,004 Population
-3% Since 2002
$ 35,817 Median Income
31.88 Median Age
29% 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 |
|---|
| 6/16/2026 | $4,950,000 | | Listed Price |