Property summary
Exceptional investment opportunity: a 1964-built, 9,228 sq ft assisted living facility situated on an expansive 11.14-acre (485,258.4 sq ft) lot in Crescent City, Florida (32112). The single-story property boasts 26 resident rooms, each with access to 13 bathrooms. Amenities include a fireplace and large porch overlooking the grounds. This established business offers a unique blend of residential care and significant development potential. The property's substantial acreage allows for expansion opportunities, capitalizing on the growing demand for senior care in the area. The existing structure provides immediate income generation, while the ample land presents possibilities for future development. This turnkey operation presents a rare chance to acquire a thriving business with considerable upside. The property is located at 2301 HIGHWAY 17, Crescent City, FL. Serious inquiries only.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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