4 Washington Park - Assisted Livings FOR SALE


Oxford, NY 13830
$325,000 USD
607-336-3636
4 Washington Park, Oxford, NY for Sale
$325,000 USD
Assisted Livings - FOR SALE
1/26
null | Request Cap Rate

4 Washington Park
Oxford, NY 13830


HIGHLIGHTS

  • 23 Total Rooms including 7 Bathrooms and 15 Bedrooms with Flexible Floor Plan
  • Historic Charm in a Quiet and Scenic Village Location
  • Annual Safety and Mechanical Inspections
  • Potential Owners Suite Upstairs
  • Large Dining Area and Commercial Kitchen

OVERVIEW

For the first time in 75 years, this remarkable property presents a unique and advantageous opportunity for investors and forward-thinking entrepreneurs to capitalize on the growing energy in Upstate New York. Established in 1801, 4 Washington Park has been an integral part of the Village of Oxford and has a fascinating history. The property began as a popular tavern, was later transformed into hotel, then an apartment complex and now serving as an adult care facility. Spanning an impressive 10,000 square feet, the thoughtfully designed and expansive layout harmoniously blends its historical charm with the flexibility and adaptability required for various modern uses. With a total of 23 rooms, the current floor plan features a spacious dining area, a fully equipped commercial- grade kitchen, a welcoming foyer, four versatile common spaces, up to 15 generously sized bedrooms, and seven bathrooms. Additionally, the second floor offers an exceptional opportunity for conversion into either a comfortable owner’s suite or a dedicated property manager’s living quarters. Conveniently located within a 60-mile radius of Binghamton, Syracuse, Utica, and Oneonta, 4 Washington Park is surrounded by charming historic homes and a quaint Village park, creating a serene and picturesque ambiance from its expansive 80-foot covered porch. Currently operating as a fully regulated Level 3 Congregate Care facility, the property is equipped with updated and modern mechanical systems and comprehensive safety checks, ensuring a secure and comfortable environment for its residents. Beyond this established use, the property is well-suited for a wide range of alternative uses. Although some may require proper zoning approvals, potential uses include a charming Bed & Breakfast, a Boutique Inn, sophisticated Executive Housing, a versatile office building, apartment conversion, a thriving community center, or even a well respected boarding school. Regardless of your specific vision or aspirations, 4 Washington Park is ready for you to write it's next chapter.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4 Washington Park

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Assisted Living, Congregate Senior Housing, Continuing Care Retirement Com

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1801

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

R2

APN/PARCEL ID

084601-182-160-0003-039-000-0000

ASK ABOUT THIS PROPERTY

Jeffrey ZornowKeller Williams Upstate NY PropertiesMore Info
607-336-3636

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Jeffrey ZornowKeller Williams Upstate NY PropertiesMore Info
607-336-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.