Former Assisted Living
For Sale
$985,000
218 Mill Road, Woodstock, VA 22664
Investment opportunity in Woodstock, VA. Turn-key facility.
Property Size8,600 SF
Lot Size1.40 Acres
Price / SF$114.53
Days on Market632
Property Features for 218 Mill Road
General Information
Standard status
Active
Size
8,600 SF
Lot size
1.40 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$6,060
Building Details
Year Built
1988
Listing Agency:
COTTONWOOD COMMERCIAL, LLC.
(540) 434-9922
Listed By:
CHAD MICHAEL DUNHAM · License #0225266331
Source:
Corcoran
Added: Nov 14, 2024
Changed: Aug 8
Last Checked: Aug 8 at 6:07AM
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 COTTONWOOD COMMERCIAL, LLC.
Investment Insights
Based on property information with market context.
This former assisted living facility is located in Woodstock, Virginia, in the Shenandoah Valley, just off Interstate I-81. The property offers an opportunity for investors and operators to establish a senior living community, assisted living facility, senior or child day care, private school, church, dentist office, shelter, apartments, physical rehabilitation facility, professional office space, retail store, animal hospital, motel, restaurant, or similar business. The property is centrally located with access to healthcare facilities, shopping centers, and recreational amenities. Originally designed for assisted living, the property features over 8600 square feet, 16 bedrooms to accommodate up to 32 residents, and 11+ bathrooms. It also includes multiple common areas and living spaces. There is potential for expansion to add 8+ more rooms for 16 additional residents or complementary services, including memory care, physical rehabilitation, or specialized healthcare. All furniture, furnishings, and equipment convey with purchase.
Key Highlights
- Priced Significantly Below Tax Assessment (Almost $375,000 Below)
- Turn‑Key Facility: All Furniture, Furnishings, and Equipment Included
- Strategically Located in the Shenandoah Valley, Woodstock, VA, Just Off I‑81
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22664, VA
9,383
Population
4,061
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
87%
High-School Grad
45.4 sq mi
ZIP Area
207
Density / Sq Mi
$58,250
Median Household Income
$36,130
Median Earnings
$979
Median Rent
$282,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Pine Meadow — 218 Mill Rd, Woodstock, VA 22664
- Blue Ridge Hospice — 232 S Main St, Woodstock, VA 22664
- A Place To Call Home — 411 S Commerce St, Woodstock, VA 22664
Frequently Asked Questions
What type of property is this?
Assisted living facility - Investment opportunity in Woodstock, VA. Turn-key facility.
Where is this assisted living facility located?
The property is located at 218 Mill Road Woodstock, VA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Priced Significantly Below Tax Assessment (Almost $375,000 Below); Turn‑Key Facility: All Furniture, Furnishings, and Equipment Included; Strategically Located in the Shenandoah Valley, Woodstock, VA, Just Off I‑81
