For Sale
$1,500,000

361 Leonard RdLouisburg, NC 27549

64-bed facility, 4 acres, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 64-bed senior living facility situated on a spacious 4.06-acre lot in Louisburg, North Carolina. The property, located at 361 Leonard Rd, boasts 18,040 square feet of space within a single-story, 1973-built building. Currently vacant, this Class C property is zoned for commercial use and offers significant potential for a new operator. The facility features 32 resident rooms, each designed to accommodate two residents, and includes three distinct wings, each equipped with a common area, bathing facilities, and an office. A fully functional commercial kitchen and two dining spaces are also included. The property is licensed for 64 beds until the end of 2024. A substantial amount of supplies remains on-site, providing a head start for the next operator. The property's beautiful country setting offers ample room for expansion, such as adding an outdoor garden or seating area for residents. Conveniently located just 13 minutes from downtown Louisburg and 35 minutes from Wake Forest, NC, this property presents a unique opportunity to capitalize on the growing demand for senior care in Franklin County, which currently refers residents outside the county. The asking price is $1,500,000. The property's APN is 012720.

Highlights

  • Dual dining areas and a fully equipped commercial kitchen.
  • Licensed for 64 beds/32 rooms through 2024.
  • Three-wing layout, each with a shared common area, bath facilities, and office.
  • Ample on-site supplies included for the next owner.
  • Rural setting.
  • Potential for outdoor garden or resident seating area.

Property Details for 361 Leonard Rd

Property type
Specialty properties, Retirement homes
Square Feet
18,040 SF
Class
C
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
176,854 SF
Units
32

Location Insight

City
Louisburg
County
Franklin
State
North Carolina
Latitude
36.1569989
Longitude
-78.1604271
361 Leonard Rd, Louisburg, North Carolina

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361 Leonard Rd
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