

Independent Senior Living Facility
Independent Senior Living facility 40 to 65 Units
Marketing description
This property presents a rare opportunity to acquire a facility already well underway toward conversion into a fully approved independent senior living community. Significant groundwork has been completed, positioning a new owner to accelerate the final stages of development with reduced time, cost, and entitlement risk. All demo complete as well as some interior improvements.
The existing layout is ideally suited for senior living, featuring multiple private office spaces, a cafeteria, and expansive open common areas designed to foster community and resident engagement. The infrastructure in place provides a strong foundation for an efficient and thoughtful conversion. Total unit count can be adjusted from 40 to 65 units depending on unit mix. Large parcel with rooms for possible villa units
With a low cost basis relative to ground-up development, this offering represents an attractive entry point into the rapidly growing senior housing sector. Whether for an owner-operator or investor, the property offers the potential to deliver a high-demand product with compelling upside and long-term value.
Investment highlights
- Affordable entry point with low cost basis
- Centrally located in the charming waterfront town of St. Clair
- Positioned to serve a growing aging population
- Durable, high-quality institutional construction
- Seller can delivering a turnkey project or entering a joint venture
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