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Assisted Living Facility with Gardens
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1545 N Lee Hwy, Lexington, VA 24450

Assisted living community licensed for 30 beds, operating with 19 private or semi-private rooms with private baths.

Property SizeContact for details
Days on Market229

Property Features for 1545 N Lee Hwy

General Information

Standard status Active
Class B
Property subtype Senior Living
Occupancy 75%
Investment Type Stabilized

Additional Details

Business Included Yes

Building Details

Year Built 2001
Buildings 1
Stories 2
Units 19
Listing Agency: Coldwell Banker Commercial Cornerstone
Listed By: Jack Osteen · License #SC 103120
Source: Crexi
Added: Jan 19 Changed: Aug 26 Last Checked: Sep 2 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Cornerstone

Investment Insights

Based on property information with market context.

Assisted Living of Virginia is a family-owned assisted living community designed around private and semi-private resident rooms. The property provides 19+ spacious rooms, each with private baths, natural light, climate control, call light and intercom systems, and laundry service. Residents also have access to scenic outdoor views, gardens, and an onsite Beauty Shop within a warm, family-like setting. The facility is licensed for 30 beds and is currently operating with 19 rooms.

Two private apartments are also on-site, including one occupied by the current Administrator and one currently vacant. The occupied apartment includes a full kitchen, laundry, and a luxurious bath.

Open land surrounding the facility provides room for future expansion.

Key Highlights

  • Assisted living community built in 2001 with licensing for 30 beds
  • Currently operating with 19 private or semi‑private rooms, each with a private bath
  • Each room includes climate control plus call light and intercom systems

Property Analytics

Current Use

Assisted living facilities

Suggested Use

Top Pick Dental Office HVAC Service Auto Parts Store Building Supply Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24450, VA

17,654
Population
7,650
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
94%
High-School Grad
220.0 sq mi
ZIP Area
80
Density / Sq Mi
$77,839
Median Household Income
$29,841
Median Earnings
$1,017
Median Rent
$294,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Assisted living facility - Assisted living community licensed for 30 beds, operating with 19 private or semi-private rooms with private baths.
Where is this assisted living facility located?
The property is located at 1545 N Lee Hwy Lexington, VA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Assisted living community built in 2001 with licensing for 30 beds; Currently operating with 19 private or semi‑private rooms, each with a private bath; Each room includes climate control plus call light and intercom systems
(803) 468-1010 Call to check price and availability
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