$300,000
$199,999
50.0%For more information regarding the value of a property, please contact us for a free consultation.
1.03 Acres Lot
SOLD DATE : 10/18/2024
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision [No Recorded Subdiv]
MLS Listing ID 746201
Sold Date 10/18/24
HOA Y/N No
Year Built 1958
Lot Size 1.030 Acres
Acres 1.03
Property 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.
Location
State FL
County Holmes
Area 08 - Holmes County
Interior
Heating Central, Electric, Floor Furnace, Space Heater
Cooling Central Air, Ceiling Fan(s), Electric, Multi Units, Window Unit(s), WallWindow Unit(s)
Flooring Tile
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Electricity Available, Propane, Sewer Available, Water Available
Waterfront No
Roof Type Metal
Accessibility Accessible Bedroom, Accessible Common Area, Accessible Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
Building
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Outbuilding, Storage
Others
Tax ID 0606.02-000-000-018.200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Private
Special Listing Condition Listed As-Is
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