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8 Rainbow Ln - 14 Units! Turn Key! Vacant

8,156 SF Health Care Building Offered at $1,100,000 in Waynesboro, VA 22980

Investment Highlights

  • Back Up Generator, Sprinkler System, 2- 3 Car Garages
  • Salon, 2 Shower Rooms, 3 Gathering Rooms, Dining Room, Commercial Kitchen, Laundry
  • 6 Beds with 1/2 Baths, 7 Beds with full Baths, Master Suite with full Kitchen

Executive Summary

Nestled within the serene ambiance of this picturesque property, this former assisted living home presents a rare opportunity for prospective buyers seeking a thriving business venture. With 14 individual rooms, each exuding comfort and functionality, this establishment is ready to serve the needs of many uses. With 6 private rooms with a ½ bath, 7 private rooms with full bath & a private apartment. The property boasts an array of amenities tailored to foster a supportive and enriching environment, including spacious communal areas for social gatherings and recreational activities, 2 shower/salon rooms. Its well-appointed kitchen ensures meals are prepared with care, while outdoor spaces offer moments of relaxation amidst lush greenery. Positioned in a quiet location with amazing views, all rooms are fully furnished and all furniture conveys with property. 2 Detached 3 car Garages have additional back up furniture included.

Property Facts

Price $1,100,000
Price Per Bed $78,571
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Continuing Care Retirement Community
Lot Size 4.48 AC
Building Size 8,156 SF
No. Beds 14
No. Stories 1
Year Built 1972
Parking Ratio 1.72/1,000 SF

Amenities

  • Wheelchair Accessible
  • Smoke Detector

zoning

Zoning Code General Ag (Currently has a zoning variance that will need to be reapplied for after sale.)
General Ag (Currently has a zoning variance that will need to be reapplied for after sale.)
  • Listing ID: 31083272

  • Date on Market: 2/29/2024

  • Last Updated:

  • Address: 8 Rainbow Ln, Waynesboro, VA 22980

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