Improved Mixed-Use Land for Sale in Gaylord, Michigan
3965 Newt Dr, Gaylord, MI 49735
Fully operational and state-licensed 6-bed, 2-bath adult foster care (AFC) home on 7.7 acres in Otsego County. This 2,824 sq ft facility has a pristine 27-year compliance history with zero violations. Strong upside: private-pay residents can yield $3,000-$5,000/month per resident, depending on care level. The expansive parcel offers excellent development potential for additional AFC units or other healthcare-related assets. Ideal for investors seeking to enter or scale in the adult care sector. Owners retiring-creative financing available for qualified buyers.
Location
- Street address
- 3965 Newt Dr
- County
- Otsego County
- Community
- T31N R4W
- Elevation
- 1,362 feet
Directions
From Gaylord, take M-32 West to North Townline Road. Turn left onto Hallenius Rd. Then right onto Stonycroft. Go approximately .56 miles, property will be on your right.
Property details
- Acreage
- 7.7 acres
- Zoning
- R-3
- MLS #
- WWMLS 201836048
- Posted
Parcels
- 061-230-000-017-03
Legal description
PARCEL REMAINING RECORDED SURVEY LIB 1077 PAGE 903 ALL OF LOT 18 AND THAT PART OF LOT 17, STONEYCROFT ACRES ACCORDING TO THE PLAT THEREOF AS RECORDED IN LIBER 3 OF THE PLATS, PAGES 119-121, OTSEGO COUNTY RECORDS BEING PART OF THE NORTHWEST 1/4 OF SEC 25
Details and features
Listing
- Type
- Commercial Sale
Structure
- Basement
- Crawl Space
- Water
- Well
- Sewer
- Septic Tank
Interior
- Accessibility
- Accessible Approach With Ramp
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 23, 2025 | New listing | $550,000 | — | WWMLS |