$199,999

This commercial building has so much potential! It features 24 rooms, 4.5 bathrooms, 2 utility rooms, a kitchen, dining hall, and extra storage rooms. Currently it is being used as an assisted living facility, but it would also be great for other business ventures such as employee housing, a housing shelter, pet grooming/boarding, hair salon, boutique, medical facility, nail salon, office building, and much more. There are endless uses for the space so bring your vision! The building is older, but it is a concrete block construction with concrete walls, a slab, and a 2015 metal roof. The property is a little over an acre of land and is high and dry. It features an asphalt parking lot, pavilion, back-up propane Generac, and storage shed. With an acceptable offer, the facility comes partially furnished. This building is located in the midst of Bonifay, right off of Hwy 79. Highway 79 is a major connecting highway that runs from Alabama all the way to the coast in Panama City Beach. You will catch all of the tourists passing by. With an annual daily average of almost 13,000 traffic count in 2022 and a yearly increase for the last 4 years this is a great location for any business! The current usage of the building is a 16-bedroom/4.5 bath assisted living facility with 18 beds. The room configurations right now can have up to 26 beds total. To increase the capacity even further, consolidate and convert some of the other rooms into bedrooms. All of the bedrooms on the East side of the hall are large enough for 2 beds each and the West side bedrooms can have 1 bed each. The real estate is for sale only, not the business.