8 Rainbow Ln, Waynesboro, VA 22980

$749,000
  • 8 Rainbow Ln, Waynesboro, VA 22980 Main Photo

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New to the Market Active
MLS#677355
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Unique investment opportunity featuring a recently approved change of use for multifamily-assisted living operations for the next two years. Situated on 4.48 scenic acres in Augusta County, this former assisted living facility offers exceptional flexibility for investors, operators, or housing providers seeking residential care, senior housing, transitional housing, or multifamily potential. The property includes approximately 8,156 SF across four buildings with 14 residential units, including: 6 private rooms with half baths 7 private rooms with full baths 1 private apartment for onsite management or owner occupancy Additional features include: Full Generator Commercial-grade kitchen Large communal dining and gathering areas Laundry/shower facilities Private office space Two detached 3-bay garage buildings Furnishings included Property has been maintained since prior assisted living closure and presents significant value-add and operational potential for the right buyer.

8 Rainbow Ln | MLS# 677355

This commercial property located at 8 Rainbow Ln, Waynesboro, VA 22980 is currently listed for sale with an asking price of $749,000. Search Waynesboro real estate on www.montaguemiller.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 4.48 Acres
Property Type: Building

Feature Descriptions

Lot Dimensions: 4.48 Acre(s)
Property Use: Lodging, Medical

Listed By / Shown By

Listed By

Agency Name: KLINE & CO. REAL ESTATE
Agency Phone: 540-946-4000

Shown By

Agency Title: Montague Miller & Co. Realtors
Agency Phone:

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