Property Details
2415 A Center Street
Hickory
$3,298,000
MLS Number: 4319634
Status: Active
Description
Unlock a $50M Asset: High-ROI Senior Living Expansion Opportunity! This is a strategic development play. For an additional investment of just $4–$6 million, this recently renovated 17-bed Assisted & Independent Living facility can become a $50 million property generating $4 million annually. Pre-approved expansion plans allow you to add 61 beds, creating a 78-bed campus of high-end ranch-style units overlooking the river with direct waterfront boardwalk access. The final campus will include 18 Independent Living, 36 Assisted Living, and 24 Memory Care beds. All developable land is now out of the FEMA floodway, and a new grading plan is approved. A Market Poised for Growth! North Carolina is one of the most promising senior care markets. Hickory's rapidly aging population and steady influx of retirees make it ideal for high-quality assisted living. Demand continues to outpace supply, and families increasingly seek premium alternatives to in-home care. This imbalance ensures strong occupancy rates, waiting lists, and long-term stability. Hickory's affordability, access to two major hospitals, and desirable quality of life make it a magnet for seniors. As the baby boomer generation ages, facilities offering upscale, personalized care in a stunning setting will capture disproportionate market share. Turnkey Operations + Flexible Investment! The business is included in the purchase price and comes fully staffed with qualified, experienced professionals ready to run the facility today. Current operations include all private-paying residents, with Medicaid billable for ALF units. Investors have three options: full acquisition, equity partnership, or development loan co-signing in exchange for equity. Seller financing is available. This rare combination of immediate profitability, pre-approved expansion, strong market fundamentals, and a turnkey operation creates an unmatched opportunity. Serious investors, review financials and expansion plans—confidentiality required. Act now.
Location |
|
|---|---|
| Address | 2415 A Center Street Hickory |
| County | Catawba |
Overview |
|
| Bedrooms | 0 |
| Full Bathrooms | 0 |
| Half Bathrooms | 0 |
| Lot Size | 3.21 acres |
| Year Built | 2011 |
General |
|
| List Price | $3,298,000 |
| MLS Number | 4319634 |
| Status | Active |
| Office | Keller Williams Fort Mill |
Schools |
|
| Elementary | |
| Middle | |
| High | |
Features |
|
| Type | Medical |
| Parking | Basement, Attached Garage, Parking Lot, Parking Space(s) |
| Floor Coverings | Tile, Vinyl |
Listings courtesy of Canopy MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 06/13/26 4:34 pm EST.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2020 Canopy Multiple Listing Services, Inc. All rights reserved.
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