Description
So many options with this commercial building. It features 24 rooms, 4.5 bathrooms, 2 utility rooms, a kitchen, dining hall, and extra storage rooms. Currently it is being used as an assisted living facility, but it would also be great for other business ventures such as employee housing, a housing shelter, pet grooming/boarding, hair salon, boutique, medical facility, nail salon, office building, and much more. There are endless uses for the space so bring your vision! The building is older and some aspects original, but it is a concrete block construction with concrete walls, a slab, and a 2015 metal roof. The property is a little over an acre of land and is not in a flood zone. It features an asphalt parking lot, pavilion, back-up propane Generac, and storage shed. With an acceptable offer, the facility comes partially furnished. This building is located in the midst of Bonifay, right off of Hwy 79. Highway 79 is a major connecting highway that runs from Alabama all the way to the coast in Panama City Beach. You will catch all of the tourists passing by. With an annual daily average of almost 13,000 traffic count in 2023 per FDOT and a yearly increase for the last 4 years this is a great location for any business! The current usage of the building is a 16-bedroom/4.5 bath assisted living facility with 18 beds. The room configurations right now can have up to 26 beds total. To increase the capacity even further, consolidate and convert some of the other rooms into bedrooms. All of the bedrooms on the East side of the hall are large enough for 2 beds each and the West side bedrooms can have 1 bed each. The seller will consider selling business and all as it sits for $450,000. Cash or hard money only. Possible owner-financing with a substantial down payment and short term.
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0BEDS
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1.03ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
So many options with this commercial building. It features 24 rooms, 4.5 bathrooms, 2 utility rooms, a kitchen, dining hall, and extra storage rooms. Currently it is being used as an assisted living facility, but it would also be great for other business ventures such as employee housing, a housing shelter, pet grooming/boarding, hair salon, boutique, medical facility, nail salon, office building, and much more. There are endless uses for the space so bring your vision! The building is older and some aspects original, but it is a concrete block construction with concrete walls, a slab, and a 2015 metal roof. The property is a little over an acre of land and is not in a flood zone. It features an asphalt parking lot, pavilion, back-up propane Generac, and storage shed. With an acceptable offer, the facility comes partially furnished. This building is located in the midst of Bonifay, right off of Hwy 79. Highway 79 is a major connecting highway that runs from Alabama all the way to the coast in Panama City Beach. You will catch all of the tourists passing by. With an annual daily average of almost 13,000 traffic count in 2023 per FDOT and a yearly increase for the last 4 years this is a great location for any business! The current usage of the building is a 16-bedroom/4.5 bath assisted living facility with 18 beds. The room configurations right now can have up to 26 beds total. To increase the capacity even further, consolidate and convert some of the other rooms into bedrooms. All of the bedrooms on the East side of the hall are large enough for 2 beds each and the West side bedrooms can have 1 bed each. The seller will consider selling business and all as it sits for $450,000. Cash or hard money only. Possible owner-financing with a substantial down payment and short term.
© 2024 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Counts Real Estate Group. Data last updated: 2024-10-15T09:03:53.053.
Listing provided courtesy of Elite Realty: (850) 638-0370. Listing information © 2024 Central Panhandle Association of Realtors MLS.