Sarasota, FL - Former Assisted Living/Memory Care Building Plus 7.5-acres MOL - Seller Financing Available!
Note: Price has been reduced. Seller is also offering seller financing and is looking for a quick close! Seller will consider all offers. The best offer gets the deal!
This former ALF-Memory Care Building offers a perfect opportunity to reestablish a 67-bed facility back into operation, expand to 180-Beds, or convert the 21,000 SF Building into a School.
This property consists of 5660 Mauna Loa Bv – 7.46-acres and a 21K sf Building (Former ALF/Memory Care Facility)
The property is zoned as Planned Commerce District (PCD) - The PCD District provides an area for coordinated mixed use developments which include industrial, commercial, office, educational, civic, institutional, residential and service uses within a planned development with appropriate perimeter buffering and open space. This district allows for significant contribution to the economic base of Sarasota County. The variety of land uses available in this district will allow flexibility to respond to market demands and the needs of tenants, which provides for a variety of physically and functionally integrated land uses such as an ALF/IL/Memory Care or a Medical Office.
The seller will accept a cash offer or funding from a third-party lender and seller financing will be considered for a Qualified Purchaser. Rate and Terms to be determined.
