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Listed by BJ Kilby • Eastern Shore Real Estate, LLC
$ 2,550,000
Est. payment | /mo
8.68 Acres Lot
$ 2,550,000
Est. payment | /mo
8.68 Acres Lot
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDKE2006272
Year Built 2007
Annual Tax Amount $10,962
Tax Year 2025
Lot Size 8.680 Acres
Acres 8.68
Property Sub-Type Special Purpose
Source BRIGHT
Property Description
5307 Elburn Lane presents a compelling assisted living investment in Maryland's Eastern Shore, offering immediate operational scale through approved bed expansion. The property currently supports 8 licensed beds, with approved plans to double capacity to 16 beds, significantly enhancing revenue potential without the delays or uncertainties of zoning or permitting. Positioned on ±8.68 acres, the site provides a quiet, residential setting ideal for senior care, while remaining accessible to Rock Hall, Chestertown, and regional healthcare services. The combination of existing operations, expansion approval, and limited competitive inventory makes this offering well‑suited for both owner‑operators and strategic investors
Location
State MD
County Kent
Zoning CARRR
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 10.0
Water Access N
Accessibility 48\"+ Halls, Roll-in Shower, Wheelchair Mod, Other
Total Parking Spaces 10
Garage N
Building
Sewer Private Septic Tank
Water Well
New Construction N
Schools
School District Kent County Public Schools
Others
Tax ID 1505030005
Ownership Fee Simple
Special Listing Condition Standard
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