328 Lafayette StRomeo, MI 48065

Property Details for 328 Lafayette St

Year built

2007

Construction

TYPE NOT SPECIFIED

Lot size

0.26 AC

Property size (Sq ft)

9,448 SF

Zone code

VILLAGE

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

28-04-02-203-005

APU

280402203005

Description

This exceptional three-story medical office building, located at 328 E Lafayette Street in Romeo, Michigan, presents a unique investment opportunity. Spanning 12,432 square feet, the property boasts a remarkable 90% occupancy rate, demonstrating strong market demand. The building is ideally suited for a variety of medical practices, given its existing configuration as a licensed assisted living and memory care facility. The property features 22 rooms spread across three floors, providing ample space for patient care and administrative functions. Convenient on-site parking is available with 10 designated spaces. A comprehensive security system is already in place, ensuring the safety and security of both staff and residents. The building's location in the heart of historic Romeo, Michigan, within Macomb County, offers excellent visibility and accessibility. The property's zip code is 48065. This is a turnkey operation with significant potential for growth and return on investment. Detailed financial information is available upon request. The property is currently for lease.

Location Insight

City

Romeo

County

Macomb

State

Michigan

Latitude

42.8014

Longitude

-83.0077

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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