201 ROSEFIELD Avenue, LEESBURG, FL 34748

This fully furnished former 20-bed assisted living facility is vacant and ready for repositioning. The property is currently partially approved for either a 19-bed Room  full meal service is optional. Assisted Living Facility - 18 beds (requires parking reconfiguration). Other potential congregate uses (buyer must independently verify with the City of Leesburg and applicable agencies): Independent Living, Memory Care, Day Care, Group Home, Foster Home, APD Group Home, Halfway House, and similar uses. PARKING REQUIREMENTS (PER CITY OF LEESBURG) Boarding House: Add approximately 6 parking spaces. Owner has an estimate of ~$5,900 to construct them. Assisted Living (18 beds): Reconfigure the parking lot to add three spaces, one of which must be ADA-compliant. Buyer should consult city planners, an architect/engineer, or contractor to confirm feasibility. Seller may consider a lease-to-own structure for a qualified buyer. Terms would be negotiated directly between the parties. IMPORTANT BUYER NOTE: Prior to the expiration of any due diligence period, the buyer is solely responsible for independently verifying all permits, zoning, allowed uses, parking requirements, capacity, market rents, regulations, financials, proformas, and any other factors related to their intended use of the property and building. This is a rare downtown Leesburg opportunity to acquire a turnkey-furnished former ALF with multiple potential paths forward and relatively modest capital improvements needed to resume operations.