20806 Bayside Ave - Assisted Livings FOR SALE


Rock Hall, MD 21661
$1,400,000 USD
410-639-4003
20806 Bayside Ave, Rock Hall, MD for Sale
$1,400,000 USD
Assisted Livings - FOR SALE
1/19
null | Request Cap Rate

20806 Bayside Ave
Rock Hall, MD 21661


HIGHLIGHTS

  • Bucolic setting on 1.16 acres
  • Recent improvements & upgrades
  • Established business operated by current owners for 25 years

OVERVIEW

Here's an opportunity to own an established assisted living facility (The Golden Rule) in the popular resort town of Rock Hall, MD. Currently licensed for 8 beds, with application complete for 3 additional beds, this facility has been operated by the current owners since it was built in 1999. The original 3BR/2 bath brick and cedar ranch home was built in 1986, with the 2,000+ sq.ft. assisted living addition constructed in 1999. An additional resident suite was built in 2004 for a total of 4,096 sq.ft. of living space. This bucolic setting features a pond and flowering gardens on 1.16 acres. Residents and visitors enjoy birdwatching in the sunroom and gentle breezes on the rear deck. All business inventory and equipment conveys. Other possible uses include a bed & breakfast operation or a residence with echo housing. This lovely property is 0.25 mile from the Rock Hall public beach and 0.25 mile from the harbor. Looking for a successful business and home combination - this is it.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Golden Rule Assisted Living

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

R-1

APN/PARCEL ID

05-009359

ASK ABOUT THIS PROPERTY

Cindy GentherThe Flynn CompanyMore Info
410-639-4003

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Cindy GentherThe Flynn CompanyMore Info
410-639-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.