CBRE is pleased to exclusively offer the opportunity to purchase 1321 Columbus Street located within Rapid City. The property is well designed as a three-wing facility centered by common area, dining, and kitchen. The property sits on 1.64 acres and has area for expansion. There are 48 beds with in-suite bathrooms all situated within a single-story facility. The property has onsite laundry, hair salon, and office space for staff.
The Victorian is currently operating as an assisted living facility and is being marketed as a value-add opportunity. With strengthening financials, the facility shows significant potential. Additionally, the space offers conversion opportunities for mental and behavioral health operators, including but not limited to miscellaneous behavioral inpatient care, substance use disorder treatment, residential treatment, transitional housing, and alternative care for various patient populations