41 E Bel Air Ave, Aberdeen, MD 21001

Building Details

Year Built

1895

Listing office Washington, D.C. Office i***@marcusmillichap.com Show Phone

Listing date Jun 28, 2026

Source Marcusmillichap

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Overview

The property is a senior housing assisted living facility offering private-pay senior housing as part of its operating revenue profile. The building has undergone substantial recent capital improvements, including a new elevator installed in 2022 and a complete roof replacement in 2023, reducing near-term maintenance obligations. The facility is positioned to add capacity through previously approved plans and permits, with the ability to add eight additional beds.

The offering is presented as a healthcare real estate investment opportunity. Based on the information provided, approximately 80 percent of the facility’s revenue is generated through private pay residents, which the remarks describe as helping insulate the asset from government reimbursement fluctuations.

For investors or operators seeking a healthcare-focused asset with documented capital refreshes, this facility provides an established senior housing platform and a clearly identified path to increase capacity. The previously approved expansion plans would add eight beds, with an estimated expansion cost of approximately $400,000, offering a basis for evaluating growth through improved unit count while maintaining the benefit of the recent elevator and roof improvements.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Senior Life Styles — Aberdeen, MD 21001
• Dacota Assisted Living — 468 W Bel Air Ave, Aberdeen, MD 21001
• Four Seasons Assisted Living — 52 e b, bel air, md 21014

Location Insight

• Map
• Local Demand

City

Aberdeen

County

Harford

State

Maryland

Longitude

-76.1607055

Latitude

39.5084677

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FAQs

What type of property is this?

Assisted living facility - Assisted living facility with recent elevator and roof replacements, plus expansion plans for eight additional beds.

Where is this assisted living facility located?

The property is located at 41 E Bel Air Ave Aberdeen, MD.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Senior housing/assisted living facility built in 1895; Approximately 80% of revenue from private pay residents; New elevator installed in 2022