KW Commercial and My ALF Consultant are pleased to exclusively offer this ALF conversion and redevelopment opportunity.
This is an opportunity to purchase and redevelop and repurpose an existing building into a 50-95 Bed ALF in Cantonment, which is a rapidly growing submarket of Pensacola. The property is a former office building and offers 13440 square feet in shell condition.
The owner has approvals and blueprints to build a well-designed 50-bed Assisted Living Facility. The owner can provide the buyer with approved building permits at closing. The zoning of this property is Low-Density Mixed-use, which allows for Assisted Living. The total number of beds is determined by the size and unit mix. This allows a buyer the opportunity to increase the potential ALF capacity. The first phase is designed to be 50 beds and allows for the expansion in the second phase up to 95 (+/- depending on design) beds. We have provided the conceptual plan for the 95-bed expansion. This final design can accommodate both Memory Care and Assisted Living sections. Each with separate dining, a common area, and secure courtyards.
