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$645,000
Est. payment /mo
3,465 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,465 sqft
Price per Sqft $186
MLS Listing ID O6434042
Construction Status Completed
HOA Y/N No
Year Built 1958
Annual Tax Amount $4,873
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
This fully furnished former 20-bed assisted living facility is vacant and ready for repositioning. The property is currently partially approved for either a 19-bed Room & Boarding House (including manager) or an 18-bed Assisted Living Facility. It offers a flexible platform for multiple congregate uses subject to buyer verification with local authorities.
PROPERTY HIGHLIGHTS:
- Previously licensed ALF for 20 residents
- 11 actual bedrooms
FULLY FURNISHED AND IMPROVED WITH:
– Fire sprinklers and fire alarm system
– Automatic generator
– Renovated kitchen
– Some new flooring
– New water heater
– One new HVAC unit
The current owners renovated the property with the intention of operating it as an independent living facility under the name Rosefield Commons. The building is now available for immediate repositioning.
APPROVED & POTENTIAL USES:
Room & Boarding House – 19 residents (including manager). Boarding houses are not licensed by the state, resulting in significantly lower overhead. Residents typically pay a fixed monthly rate for a private or shared room and share common areas, bathrooms, outdoor spaces, and laundry. Services usually include utilities, cable, phone, and common-area cleaning (residents maintain their own rooms). Continental breakfast is common; full meal service is optional.
Assisted Living Facility – 18 beds (requires parking reconfiguration).
Other potential congregate uses (buyer must independently verify with the City of Leesburg and applicable agencies): Independent Living, Memory Care, Day Care, Group Home, Foster Home, APD Group Home, Halfway House, and similar uses.
PARKING REQUIREMENTS (PER CITY OF LEESBURG)
Boarding House: Add approximately 6 parking spaces. Owner has an estimate of ~$5,900 to construct them.
Assisted Living (18 beds): Reconfigure the parking lot to add three spaces, one of which must be ADA-compliant. Buyer should consult city planners, an architect/engineer, or contractor to confirm feasibility.
Seller may consider a lease-to-own structure for a qualified buyer. Terms would be negotiated directly between the parties.
IMPORTANT BUYER NOTE:
Prior to the expiration of any due diligence period, the buyer is solely responsible for independently verifying all permits, zoning, allowed uses, parking requirements, capacity, market rents, regulations, financials, proformas, and any other factors related to their intended use of the property and building.
This is a rare downtown Leesburg opportunity to acquire a turnkey-furnished former ALF with multiple potential paths forward and relatively modest capital improvements needed to resume operations.
PROPERTY HIGHLIGHTS:
- Previously licensed ALF for 20 residents
- 11 actual bedrooms
FULLY FURNISHED AND IMPROVED WITH:
– Fire sprinklers and fire alarm system
– Automatic generator
– Renovated kitchen
– Some new flooring
– New water heater
– One new HVAC unit
The current owners renovated the property with the intention of operating it as an independent living facility under the name Rosefield Commons. The building is now available for immediate repositioning.
APPROVED & POTENTIAL USES:
Room & Boarding House – 19 residents (including manager). Boarding houses are not licensed by the state, resulting in significantly lower overhead. Residents typically pay a fixed monthly rate for a private or shared room and share common areas, bathrooms, outdoor spaces, and laundry. Services usually include utilities, cable, phone, and common-area cleaning (residents maintain their own rooms). Continental breakfast is common; full meal service is optional.
Assisted Living Facility – 18 beds (requires parking reconfiguration).
Other potential congregate uses (buyer must independently verify with the City of Leesburg and applicable agencies): Independent Living, Memory Care, Day Care, Group Home, Foster Home, APD Group Home, Halfway House, and similar uses.
PARKING REQUIREMENTS (PER CITY OF LEESBURG)
Boarding House: Add approximately 6 parking spaces. Owner has an estimate of ~$5,900 to construct them.
Assisted Living (18 beds): Reconfigure the parking lot to add three spaces, one of which must be ADA-compliant. Buyer should consult city planners, an architect/engineer, or contractor to confirm feasibility.
Seller may consider a lease-to-own structure for a qualified buyer. Terms would be negotiated directly between the parties.
IMPORTANT BUYER NOTE:
Prior to the expiration of any due diligence period, the buyer is solely responsible for independently verifying all permits, zoning, allowed uses, parking requirements, capacity, market rents, regulations, financials, proformas, and any other factors related to their intended use of the property and building.
This is a rare downtown Leesburg opportunity to acquire a turnkey-furnished former ALF with multiple potential paths forward and relatively modest capital improvements needed to resume operations.
Location
State FL
County Lake
Area 34748 - Leesburg
Zoning C-3
Interior
Heating Central
Cooling Central Air
Exterior
View Y/N No
Water Access No
Building
Story 1
Entry Level One
Foundation Other
Lot Size Range 0 to less than 1/4
Structure Type Other
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Ayesha Verma KELLER WILLIAMS REALTY AT THE PARKS
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