Unique opportunity to purchase a turn-key business that sits on 5 acres with room for expansion. This property currently is being occupied as an Assistant Living facility. This property sits on the edge of town, just 1.5 miles from 69 Hwy & has agriculture land to the West and residential to the East. The property has plenty of parking for residents and their guest. The residency is close to parks, schools and downtown Main St. This is an established operating 25 bed facility. (23 semi-private 1 bed units & 2 private 2 bed units) Featuring common areas such as a lobby, kitchen & patio, as well as office space. There is no competing facility in the Linn County Area.
This property is also being offered on Crexi.com, an online auction service. The auction is scheduled for 6/20/22-6/22/22. You can register online at Crexi.com prior to auction, you will also need to provide a proof of funds. Starting bid at auction is $175,000. Property will be available for showings, and we will consider all offers prior to the scheduled auction and they may be submitted to the listing agent. If a purchase agreement is accepted prior to the auction, the auction will be cancelled.