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Under Contract
Golden Rule Assisted Living
In-home 8-bed assisted living in retirement community
Listing Contacts
Under Contract
Property is under contract
Address
20806 Bayside Ave, Rock Hall, MD 21661
Show on MapDate Added
Mar 12, 2024
Days on Market
374 days
Time Since Last Update
19 days
Details
Property TypeSenior Living
Investment TypeOwner/User
Square Footage4,069
Beds8
Year Built1986
Years Renovated1999, 2004
Stories1
ZoningR-1
Lot Size (acres)1.6
Broker Co-OpYes
APN1505009359
Ground LeaseNo
OwnershipFee Simple
Marketing Description
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 approval pending 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.
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Property History
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Listing Contacts
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