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519 Lawrenceville St - Potential Drug Treatment or Hospice Facility 10,820 SF Health Care Building Offered at $5,025,312 CAD in Norcross, GA 30071

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EXECUTIVE SUMMARY

Bull Realty is pleased to offer this ± 10,820 SF licensed Personal Care Home that was recently renovated in 2024. This offer includes real estate and business, comprised of 25 units on ± 0.82 acres off Buford Highway in Norcross, GA. The facility is equipped with a security system that includes electronic gate locks and video cameras, suitable for potential Memory Care. Zoned Office and Institutional (O-I) allowing for intermediate care institutions. An "Intermediate Care Home" is a facility which admits residents on medical referral; it maintains the services and facilities for institutional care and has a satisfactory agreement with a physician and dentist who will provide continuing supervision including emergencies; it otherwise complies with these rules and regulations as described by Ga. Comp. R. & Regs. r. 111-8-47-.01.
This licensed 25 units personal care home facility is located in a desirable demographic area of Metro Atlanta. The roof was recently replaced, and 17 units have been updated. The two-story structure has an elevator. There is also an extra respite suite; all units are equipped with a full bathroom.
519 Lawrenceville Street is located off Buford Highway and benefits from great visibility with traffic counts of 44,282 VPD. Readily accessible from major highways, this senior housing facility is surprisingly tucked quietly away in Norcross, Georgia, a charming antidote to modern suburbia. With a rich variety of well-preserved historic homes and an authentic turn-of-the century downtown district, Norcross turns back the clock to simpler times and small-town American life. Norcross is the second oldest city in Gwinnett County and was the first to be placed on the Register of Historic Places.
Do not disturb tenants or management. Do not visit the site without an appointment through Bull Realty.

PROPERTY FACTS

Price $5,025,312 CAD
Price Per Bed $209,388 CAD
Sale Type Investment
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Rehabilitation Centre
Building Class B
Building Size 10,820 SF
No. Beds 24
No. Stories 2
Year Built 1987

AMENITIES

  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-255-093
Land Assessment
$191,464 CAD
Improvements Assessment
$672,778 CAD
Total Assessment
$864,242 CAD
  • Listing ID: 38373785

  • Date on Market: 2024-09-25

  • Last Updated:

  • Address: 519 Lawrenceville St, Norcross, GA 30071

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