For Sale
$1,500,000

5292 Harvard StFlorence, OR 97439

Profitable Memory Care Business, 1.76 Acres

Overview

Added:
Feb 3
Days on market:
61
This exceptional 2,800 square foot memory care facility presents a lucrative investment opportunity. Situated on a spacious 1.76-acre lot in Florence, Oregon, this fully operational business boasts a prime location just minutes from the Pacific Ocean and downtown amenities. The facility includes five bedrooms accommodating ten residents, two ADA-compliant bathrooms, a large kitchen, and spacious living and dining areas, all within a completely secure environment. An additional 800 square foot detached office building offers three private offices, an ADA-compliant bathroom, and a one-bay garage with storage. The property features beautifully landscaped grounds with outdoor patio seating and walking paths, providing a serene and comfortable setting for residents. Onsite laundry is available. Currently licensed as a Residential Care Facility with Memory Care Endorsement, the facility maintains institutional standards through consistent maintenance and capital expenditures. With 100% occupancy and a full staff, this business offers immediate income and potential for expansion. The property's proximity to Portland (160 miles) and Eugene (60 miles) provides convenient access to major transportation hubs. Florence's vibrant coastal community, featuring a boardwalk, casino, and numerous festivals, adds to the property's appeal. This turnkey operation is ready for a new owner to continue its success. Financial information is available upon request.

Property Details for 5292 Harvard St

Property type
Investment properties
Square Feet
2,800 SF
Year Built
2016
Lot Size (sq. ft)
76,666 SF

Location Insight

City
Florence
County
Lane
State
Oregon
Latitude
43.95041
Longitude
-124.0981
5292 Harvard St, Florence, Oregon

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5292 Harvard St
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