40,000 sq ft building on 2.7 acres on the corner of Broadway and Lee Rd in the center of Maple Heights! 600 ft of frontage on Broadway! This 3 level, former nursing facility has 52/54 bedrooms, 2 elevators, offices, exercise rooms, activity rooms, dining rooms and a finished walkout basement with a full service commercial kitchen, storage, offices, laundry and mechanicals. Newer roof with a 9 year warranty remaining. Paved parking lot, 84 spaces, 3 driveways. Close to Cleveland and Akron. Located in the center of town near city hall, high school, shopping, dining, multiple freeways and other businesses. High traffic and excellent visibility. Room to expand the building! Located in a targeted redevelopment area. Sold as-is. Owner will not make repairs + repairs are needed. GOOD BONES! Steel beam construction! Well built! Not super old/built in the 80's! GOOD ROOF! Needs lots of TLC. Great bargain! APPRAISED AT $1.9 MILLION AS-IS & $4.6 MILLION AFTER REHAB AS A 54 BED ASSISTED LIVING!!!! Could be assisted living, retail, senior housing, professional offices, medical offices and more! So many ways to repurpose this steal of a deal!! ***FINANCING AVAILABLE!!!!!***
Courtesy of RE/MAX Pathway
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