For Sale
$1,190,000

257 Toll House Rd Maurertown, VA 22644

Prime location, 29 units, immediate occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 15,465 square-foot former assisted living and memory care facility presents a remarkable investment opportunity in the heart of Virginia's Shenandoah Valley. Located at 257 Toll House Rd, Maurertown, VA 22644, this property sits on a picturesque 3.42-acre lot (three parcels combined) along historic US Route 11, offering convenient access to Interstate 81 and 66. Built in 1980, the facility boasts 29 bedrooms—19 for assisted living and 10 for memory care—with a capacity for up to 52 residents. The property is zoned R2 (Medium-Density Residential) and includes all furniture, furnishings, and equipment. Priced at $1,190,000 (significantly below tax assessment, at $77 per square foot), this represents a compelling value proposition for investors and operators seeking to enter or expand within the senior living and healthcare sectors. Public utilities are available, and the property is ready for immediate occupancy. Its proximity to Winchester, Front Royal, and Woodstock, along with convenient access to healthcare centers, shopping, and recreational amenities, ensures a desirable location for residents and their families. This is a turnkey opportunity to acquire a well-established facility in a highly sought-after area. The APN is 034 A 055, 034 A 086, 034 A 087.

Highlights

  • $1,190,000 asking price, below tax assessment.
  • 15,465 square-foot building.
  • R-2 (Medium-Density Residential) zoning.
  • Public utilities available.
  • Immediately available for occupancy.

Property Details for 257 Toll House Rd

Property type
Retirement homes, Assisted living facilities
Square Feet
15,465 SF
Year Built
1980
Lot Size (sq. ft)
148,975 SF
Units
29

Location Insight

City
Maurertown
County
Shenandoah
State
Virginia
Latitude
38.935717993314
Longitude
-78.455715572428

FAQs

What type of property is this?
Retirement home - Prime location, 29 units, immediate occupancy.
Where is the retirement home located?
The property is located at 257 Toll House Rd Maurertown, VA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: $1,190,000 asking price, below tax assessment.; 15,465 square-foot building.; R-2 (Medium-Density Residential) zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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257 Toll House Rd
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