Residential Assisted Living Facility For Sale Unique investment potential minutes from Downtown Pensacola! This property is a prime commercial opportunity, meticulously converted into an active Residential Assisted Living Facility (RAL), and inspected and certified by the State of Florida. Achieving this certification involved passing rigorous inspections, ensuring compliance with commercial fire alarms, sprinklers, and a backup generator. The interior features an open living and dining area filled with natural light, and two fully updated bathrooms designed for wheelchair accessibility, ensuring comfort and convenience for all residents. The freshly renovated kitchen with granite countertops and all new appliances, and a generator, all come with the property. The furniture belongs to the tenant, simplifying the transition for potential new owners. The manageable yet spacious backyard provides ample room for further customization. Located close to Downtown Pensacola, this property enjoys easy access to all the vibrant amenities the area has to offer. The property comes with a newly-signed two-year lease, with the option for renewal. Annual increases of 3% are built into the lease. NOI $39,600 Cap Rate 9% Contact Dean Cooledge at 850-736-9330 for more information.