Former Assisted Living Facility For
For Sale
Contact for pricing
218 Mill Rd, Woodstock, VA 22664
Former assisted living facility in Woodstock, VA, suitable for redevelopment.
Property Size8,608 SF
Price / SF$114.43
Days on Market990
Property Features for 218 Mill Rd
General Information
Standard status
Active
Size
8,608 SF
Property subtype
Multifamily
Zoning
C
Building Details
Year Built
1988
Units
16
Listing Agency:
Cottonwood Commercial
(540) 820-7008
Listed By:
Chad Dunham · License #0225266331
Source:
Crexi
Added: Dec 5, 2023
Changed: Aug 12
Last Checked: Aug 19 at 8:49PM
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
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. The building has over 8,600 square feet and features 16 large bedrooms, accommodating up to 32 residents, and more than 11 bathrooms. It includes multiple spacious common areas and living spaces. The property is centrally located with access to healthcare facilities, shopping centers, and recreational amenities. Originally designed for assisted living, the property could also be used as a senior or child day care, private school, church, dentist, shelter, apartments, physical rehab facility, professional office space, retail store, animal hospital, vet clinic, motel, restaurant or similar type business. There is potential for expansion with 8 or more rooms for 16 additional residents, or the addition of complementary services, including memory care, physical rehabilitation, or specialized healthcare. All furniture, furnishings, and equipment convey with purchase.
Key Highlights
- Below Tax Assessment: Listed almost $375,000 below tax assessment, a significant investment opportunity.
- Versatile Commercial Potential: Suitable for various businesses including assisted living, daycare, school, office space, retail, or hospitality.
- Strategic Location: Located in the Shenandoah Valley, Woodstock, VA, with easy access to I‑81, healthcare, shopping, and recreation.
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
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 - Former assisted living facility in Woodstock, VA, suitable for redevelopment.
Where is this assisted living facility located?
The property is located at 218 Mill Rd 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: Below Tax Assessment: Listed almost $375,000 below tax assessment, a significant investment opportunity.; Versatile Commercial Potential: Suitable for various businesses including assisted living, daycare, school, office space, retail, or hospitality.; Strategic Location: Located in the Shenandoah Valley, Woodstock, VA, with easy access to I‑81, healthcare, shopping, and recreation.
