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310 N Martin Luther King Ave 13,300 SF Health Care Building Offered at $300,000 in Enfield, NC 27823

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INVESTMENT HIGHLIGHTS

  • Convenient location.

EXECUTIVE SUMMARY

Great opportunity on this 0.9219-acre property with excellent redevelopment potential. Formerly used as a rest home, the structure will require a full overhaul, including a new roof, or can be taken down to make way for a fresh project. Currently zoned Residential, and buyers may explore rezoning options based on their intended use (buyer to verify with local planning). With nearly one acre in a convenient location, this property is ideal for multiple single-family homes, multi-residential development, warehouse use, or other creative possibilities. Bring your vision and unlock the full potential of this versatile lot.

PROPERTY FACTS

Price $300,000
Price Per Bed $10,000
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 0.92 AC
Building Size 13,300 SF
No. Beds 30
No. Stories 1
Year Built 1962
Parking Ratio 1.88/1,000 SF
Opportunity Zone Yes
Zoning Commercial - Commercial development

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00082
Land Assessment
$4,300
Improvements Assessment
$24,800
Total Assessment
$29,100
  • Listing ID: 38626291

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 310 N Martin Luther King Ave, Enfield, NC 27823

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