257 Toll House RdMaurertown, VA 22644

  • Commercial real estate
  • 15,230 SF
For Sale
$1,190,000 View listing

Property Details for 257 Toll House Rd

Year built
1972
Lot size
2.26 AC
Property size (Sq ft)
15,230 SF
Property type
Commercial real estate
APN
034 A 055
APU
034A055

Description

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.

Location Insight

City
Maurertown
County
Shenandoah
State
Virginia
Latitude
38.936
Longitude
-78.4565

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,082
$113,100
$1,306,000
$1,419,100
-
$113,100
$1,306,000
$1,419,100

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