Unlock a $50M Asset: High-ROI Senior Living Expansion Opportunity!
This is a strategic development play. For an additional investment of just $4–$6 million, this recently renovated 17-bed Assisted & Independent Living facility can become a $50 million property generating $4 million annually. Pre-approved expansion plans allow you to add 61 beds, creating a 78-bed campus of high-end ranch-style units overlooking the river with direct waterfront boardwalk access. The final campus will include 18 Independent Living, 36 Assisted Living, and 24 Memory Care beds. All developable land is now out of the FEMA floodway, and a new grading plan is approved.
A Market Poised for Growth!
North Carolina is one of the most promising senior care markets. Hickory’s rapidly aging population and steady influx of retirees make it ideal for high-quality assisted living. Demand continues to outpace supply, and families increasingly seek premium alternatives to in-home care. This imbalance ensures strong occupancy rates, waiting lists, and long-term stability. Hickory’s affordability, access to two major hospitals, and desirable quality of life make it a magnet for seniors. As the baby boomer generation ages, facilities offering upscale, personalized care in a stunning setting will capture disproportionate market share.
Turnkey Operations + Flexible Investment!
The business is included in the purchase price and comes fully staffed with qualified, experienced professionals ready to run the facility today. Current operations include all private-paying residents, with Medicaid billable for ALF units. Investors have three options: full acquisition, equity partnership, or development loan co-signing in exchange for equity. Seller financing is available.
This rare combination of immediate profitability, pre-approved expansion, strong market fundamentals, and a turnkey operation creates an unmatched opportunity. Serious investors, review financials and expansion plans—confidentiality required. Act now.
- Basement:
- Full, Walk-Out Access
- Patio:
- Front Porch, Patio, Covered, Rear Porch, Deck
- Parking:
- Attached Garage, Basement, Parking Lot, Parking Space(s)
- Flooring:
- Vinyl, Tile
- Appliances:
- Refrigerator, Microwave, Oven
- Country:
- US
- State:
- NC
- County:
- Catawba
- City:
- Hickory
- Zipcode:
- 28602
- Street:
- Center
- Street Number:
- 2415 A,B & 2441
- Street Suffix:
- Street
- Longitude:
- W82° 38' 46.3''
- Latitude:
- N35° 41' 53.9''
- Directions:
- From US-321 S, take exit 42 for NC-127 and merge onto NC-127 S, turn right onto Center St, property will be on the right
- Street Dir Prefix:
- S
- Office Name:
- Keller Williams Connected
- Agent Name:
- Ola van Zyl
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Accessibility Features:
- Bath Grab Bars, Ramp(s)-Main Level
- Building Size:
- 4946
- Construction Materials:
- Vinyl, Brick Full
- Foundation Details:
- Basement
- Lot Features:
- Cleared
- Number Of Units Total:
- 17
- Possible Use:
- Commercial
- Video Url:
- https://listings.nextdoorphotos.com/vd/220691471
- Virtual Tour:
- https://listings.nextdoorphotos.com/vd/220691471
- Co List Agent Full Name:
- Mike Morrell
- Co List Agent Mls Id:
- 27683
- Co List Office Mls Id:
- 487601
- Co List Office Name:
- Keller Williams Connected
- List Agent Mls Id:
- R15350
- List Office Mls Id:
- 487601
- Listing Term:
- Cash,Construction Perm Loan,Conventional,Lease Option,Owner Financing,Other - See Remarks
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-01T17:30:06Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-05-01T17:27:11Z
Commercial Sale For Sale
2415 A,b & 2441 S Center Street, Hickory, North Carolina 28602
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 4319634
- Price :
- $3,298,000
- Bathrooms :
- 8
- Year Built :
- 2011
- Status :
- Active
- Property Sub Type :
- Medical
