20806 Bayside Ave - Golden Rule Assisted Living
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20806 Bayside Ave - Golden Rule Assisted Living
4,096 SF Health Care Building Offered at $1,400,000 in Rock Hall, MD 21661
Investment Highlights
- Bucolic setting on 1.16 acres
- Established business operated by current owners for 25 years
- Recent improvements & upgrades
Executive Summary
Here's an opportunity to own an established assisted living facility (The Golden Rule) in the popular resort town of Rock Hall, MD. Currently licensed for 8 beds, with application complete for 3 additional beds, this facility has been operated by the current owners since it was built in 1999. The original 3BR/2 bath brick and cedar ranch home was built in 1986, with the 2,000+ sq.ft. assisted living addition constructed in 1999. An additional resident suite was built in 2004 for a total of 4,096 sq.ft. of living space. This bucolic setting features a pond and flowering gardens on 1.16 acres. Residents and visitors enjoy birdwatching in the sunroom and gentle breezes on the rear deck. All business inventory and equipment conveys. Other possible uses include a bed & breakfast operation or a residence with echo housing. This lovely property is 0.25 mile from the Rock Hall public beach and 0.25 mile from the harbor. Looking for a successful business and home combination - this is it.
Property Facts
| Price | $1,400,000 | Building Size | 4,096 SF |
| Price Per Bed | $127,273 | No. Beds | 11 |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Health Care | Year Built/Renovated | 1986/1999 |
| Property Subtype | Assisted Living | Parking Ratio | 2.44/1,000 SF |
| Lot Size | 1.16 AC |
| Price | $1,400,000 |
| Price Per Bed | $127,273 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Lot Size | 1.16 AC |
| Building Size | 4,096 SF |
| No. Beds | 11 |
| No. Stories | 1 |
| Year Built/Renovated | 1986/1999 |
| Parking Ratio | 2.44/1,000 SF |
Amenities
- Wheelchair Accessible
- Fiber Optic Internet
- Smoke Detector
Room Mix Information
| Description | No. Beds |
|---|---|
| Assisted living structure | 8 |
zoning
| Zoning Code | R-1 (Low density residential. Assisted living is a permitted use in R-1 zoning district) |
| R-1 (Low density residential. Assisted living is a permitted use in R-1 zoning district) |
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20806 Bayside Ave - Golden Rule Assisted Living
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