• Broker Cindy Genther 4106394003

20806 Bayside Ave - Golden Rule Assisted Living 4,096 SF Health Care Building Offered at $1,400,000 in Rock Hall, MD 21661

View Photo

INVESTMENT HIGHLIGHTS

  • Bucolic setting on 1.16 acres
  • Established business operated by current owners for 25 years
  • Recent improvements & upgrades

EXECUTIVE SUMMARY

Here's an opportunity to own an established assisted living facility (The Golden Rule) in the popular resort town of Rock Hall, MD. Currently licensed for 8 beds, with application complete for 3 additional beds, this facility has been operated by the current owners since it was built in 1999. The original 3BR/2 bath brick and cedar ranch home was built in 1986, with the 2,000+ sq.ft. assisted living addition constructed in 1999. An additional resident suite was built in 2004 for a total of 4,096 sq.ft. of living space. This bucolic setting features a pond and flowering gardens on 1.16 acres. Residents and visitors enjoy birdwatching in the sunroom and gentle breezes on the rear deck. All business inventory and equipment conveys. Other possible uses include a bed & breakfast operation or a residence with echo housing. This lovely property is 0.25 mile from the Rock Hall public beach and 0.25 mile from the harbor. Looking for a successful business and home combination - this is it.

ATTACHMENTS

20806 Bayside Ave Marketing Flyer

PROPERTY FACTS

Price $1,400,000 Building Size 4,096 SF
Price Per Bed $127,273 No. Beds 11
Sale Type Investment or Owner User No. Stories 1
Property Type Health Care Year Built/Renovated 1986/1999
Property Subtype Assisted Living Parking Ratio 2.44/1,000 SF
Lot Size 1.16 AC
Zoning R-1 - Low density residential. Assisted living is a permitted use in R-1 zoning district
Price $1,400,000
Price Per Bed $127,273
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Lot Size 1.16 AC
Building Size 4,096 SF
No. Beds 11
No. Stories 1
Year Built/Renovated 1986/1999
Parking Ratio 2.44/1,000 SF
Zoning R-1 - Low density residential. Assisted living is a permitted use in R-1 zoning district

AMENITIES

  • Wheelchair Accessible
  • Fiber Optic Internet
  • Smoke Detector

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
Assisted living structure 8

MAP

ADDITIONAL PHOTOS

View Photo 20806 Bayside Aerial
View Photo 20806 Bayside Floor plan
View Photo Interior in assisted living
View Photo Gathering area in assisted living
View Photo Assisted living room
View Photo Assisted living room
View Photo Assisted living room
View Photo Assisted living room
View Photo Screened porch
View Photo Gardens on property
View Photo Exterior yard
View Photo Kitchen in owners house
View Photo Dining room into sun room
View Photo Sun porch in owners house
View Photo Sun porch in owners house
View Photo Office in owners house
View Photo Bedroom in owners house
View Photo Bathroom in owners house
  • Listing ID: 31781880

  • Date on Market: 5/13/2024

  • Last Updated: 6/24/2025

  • Address: 20806 Bayside Ave, Rock Hall, MD 21661