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311 E Bryant St - Portfolio with 310 N Martin Luther King Ave 26,600 SF Health Care Building Offered at $500,000 in Enfield, NC 27823

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Investment Highlights

Great location.

Lots of potential.

Executive Summary

Portfolio with 310 N Martin Luther King Ave, Enfield
Discover the potential of this 2.05-acre property, formerly operated as a residential rest home. The existing structure offers an excellent opportunity for renovation and continued use as a care facility, or for reimagining the space to fit a variety of needs. Zoned Light Industrial, the property offers flexibility for future development, and per local guidelines, rezoning may be achievable on a relatively short timeline (buyer to verify). With the roof needing replacement, this is an ideal project for an investor or developer seeking value-add potential. The generous lot size and convenient location make this a strong candidate for uses such as warehouse space, multi-unit residential development, or other commercial possibilities. Endless opportunities, bring your vision and unlock the full potential of this property.

Property Facts

Price	$500,000	Building Size	26,600 SF
Price Per Bed	$4,167	No. Beds	120
Sale Type	Investment	No. Stories	1
Property Type	Health Care	Year Built	1964
Property Subtype	Assisted Living Healthcare Congregate SeniorHousing Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center	Parking Ratio	0.94/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	2.97 AC
Zoning	LI - Light Industrial

Price	$500,000
Price Per Bed	$4,167
Sale Type	Investment
Property Type	Health Care
Property Subtype	Assisted Living Healthcare Congregate SeniorHousing Healthcare Continuing Care Retirement Community Healthcare Rehabilitation Center
Building Class	C
Lot Size	2.97 AC
Building Size	26,600 SF
No. Beds	120
No. Stories	1
Year Built	1964
Parking Ratio	0.94/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LI - Light Industrial