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33353830
33353853

2455 Baltimore Boulevard, Finksburg, MD 21048

Corner House Realty
Listed by Corner House Realty
$2,800,000
56 days on market
Updated 13 days ago

Master's Haven Assisted Living Facility

Details
Property Type Senior Living
Sub Type Assisted living facility
Square Footage 8,519
Units 12
Beds 15
NOI $298,000
Year Built 1900
Year Renovated 2017
Acreage 1.280
Zoning C2
Ground Lease No
Sale Condition For sale by owner

Former Licensed Assisted Living Facility | 8500 SF | Reopen, Reposition or Expand

Marketing description

Rare healthcare real estate opportunity in Carroll County, Maryland

Master's Haven Assisted Living presents the opportunity to acquire a former licensed assisted living facility located at 2455 Baltimore Blvd, Finksburg, MD, offering approximately 8,500+ SF on 1.28 acres in a high-income, private pay senior housing market.

The facility previously operated as a residential living home and ceased operation in March 2026, creating a unique opportunity for investors, owner-operators, and healthcare groups to acquire an established senior asst with significant repositioning potential.

The property features existing healthcare infrastructure including private resident rooms with a bathroom, common areas, elevator access, commercial kitchen facilities, staff areas, laundry facilities, and outdoor recreational space - allowing a new owner to potentially reopen operations faster than a traditional ground-up development.

Located in Carroll County, Maryland, the property benefits from strong household incomes, an aging population, and limited local competition among small residential assisted living facilities.

Potential uses include:

  • Assisted Living
  • Memory Care
  • Behavioral Health
  • Group Home
  • Recovery Housing
  • Hospice Care
  • Other healthcare-related uses (subject to zoning/licensing approval)

Value-add investors and operators may unlock additional upside through:

  • Reopening the assisted living business
  • Increasing licensed bed capacity (subject to approvals)
  • Expanding specialty care services
  • Repositioning the asset for alternative healthcare uses

Ideal for assisted living operators, healthcare investors, senior housing groups, and owner-users seeking a scalable platform in Maryland.

Seller is motivated and welcomes qualified inquiries from operators, investors, and healthcare groups.

Investment highlights

  • Previously operated as a licensed assisted living facility serving seniors in Carroll County, Maryland.
  • 8500+ SF Facility residential healthcare property with existing infrastructure suitable for senior housing or healthcare reuse.
  • 1.28 Acres, well-sized parcel offering parking, outdoor space, and potential future expansion opportunities.
  • Ideal opportunity for operators seeking to reopen under new ownership, subject to licensing approval
  • Buyer may explore increasing licensed bed count through operational reconfiguration and regulatory approval.
  • Value-Add Opportunity - new ownership may improve value through
    • reopening operations
    • renovations
    • rate optimization
    • increased occupancy
    • expanded service offerings
  • Existing Healthcare Infrastructure. Property includes commonly required for assisted living operations:
    • Elevator access on 1st and 2nd floor
    • Multiple residential rooms with bathroom
    • Common areas
    • Commercial kitchen
    • ADA accessibility features
    • Staff offices
    • Laundry facilities

  • Former Licensed Assisted Living Facility
  • 8500+ SF on 1.28 Acres
  • Existing Healthcare Infrastructure in Place
  • Reopen or Reposition Opportunity
  • Strong Private-Pay Market Demographics
  • Potential Bed Expansion
  • Rare Senior Housing Asset in Carroll County

Listing Contacts

Corner House Realty
Listed by Corner House Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$298,000.00
$24,833.33/mo

Valuation Metrics

0
DSCR
10.64%
Cap Rate
10.64%
ROI

Map

Zoning

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R-20000 ResidentialSingle FamilyResidence District
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View all 86 uses
View all 86 uses
Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Hassan Abdallah
License
5014639
Brokerage
Corner House Realty
Brokerage Phone
(443) 499-3839
Title
Real Estate Salesperson
Brokerage Address
1717 Edmondson Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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