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295 Alder St
Arroyo Grande, CA 93420

$5,300,000 USD

Assisted Living For Sale  •  11,368 SF

Property Details

  • Property Type Assisted Living
  • Total Building Size 11,368 SF
  • Lot Size 0.81 AC
  • Building Class C
  • Year Built 1953
0 Transit Score
78 Walk Score

Description

NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: 
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??Business/FF&E and Real Estate included in Purchase Price
Turnkey Assisted Living Facility / RCFE
?Profitable business with expansion abilities
CDSS License:
32-Bed License
32 Non-Ambulatory.  Hospice waiver for 6.  Client groups served: RCFE / Hospice.
Expansion Abilities:
Ability to potentially expand to 29-Private Bedrooms by expanding into the storage out building and into the first floor office (ability to relocate office into 2nd floor built out attic with windows)
Seller also owns two (2) neighboring residential lots.  Seller has had plans drawn to expand facility onto both of these residential lots to create a mega structure with 49-Private Bedrooms
Building / Lot: 
11,368 SF per Title (Approx measurements are larger showing 13,185 SF main building and 981 SF storage building).  Buyer to measure and confirm all SF measurements.
24-Bedrooms (currently all private) | all on 1st floor
0.81 acre lot
Built in 1953
Upside:
Change facility to handle dementia care
Start advertising campaigns.  To increase enrollment and new inquiries.
Double occupancy in rooms
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***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY UNLESS YOU SCHEDULED WITH LISTING AGENT.  Do not talk to employees nor clientele.? All per Sellers request.***

Public Transportation

Commuter RailDriveWalkDistance
Grover Beach Amtrak (Pacific Surfliner - Amtrak) 5 min - 2.5 mi
AirportDriveWalkDistance
San Luis County Regional 19 min - 11.9 mi
BJ Delhamer 760-593-7653 Insite Commercial Real Estate Advisors
BJ Delhamer 760-593-7653 Insite Commercial Real Estate Advisors