4187 Solomons Island Road Harwood, MD $ 4,500,000
4187 Solomons Island Road
$ 4,500,000
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4187 Solomons Island Road

Harwood, MD, 20776
$ 4,500,000
Baths0.0 Sq 10,430

Monthly Estimate*

$ 31,434

4187 Solomons Island Road, Harwood, MD 20776 - Image 1
4187 Solomons Island Road, Harwood, MD 20776 - Image 2
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4187 Solomons Island Road, Harwood, MD 20776 - Image 4
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4187 Solomons Island Road, Harwood, MD 20776 - Image 8
4187 Solomons Island Road, Harwood, MD 20776 - Image 9
Studio

Commercial Property for sale in Harwood, MD

for $4,500,000. This 10,430 square foot building was built in 1976 on a lot size of 3.27.

Unique Investment Opportunity in the Thriving Senior Care Industry KW Commercial is pleased to present Country Home Assisted Living for sale (real estate and business). This 15-bed assisted living facility provides a home-like setting for its residents, including nine private rooms and six beds in three semi-private rooms. The lower level offers storage space and additional rental possibilities. Established in 1986, Country Home was the first assisted living facility in Anne Arundel County. The current owner has operated the facility since 2011. The facility has a license to provide Level 3 High Level of Care the highest level of care license available to assisted living facilities in Maryland. Its services allow residents to age in place. It also offers hospice services. Country Home is located on 3.27 acres with a sprawling lawn and mature trees in the back. The property offers easy surface parking steps from the front door. Easy access continues with all resident rooms located on the main floor. Surrounded by rolling hills, farms, vineyards, and stately single-family homes, Harwood has a country feel, but is just minutes away from Annapolis, Edgewater, Davidsonville and other Anne Arundel County locations. Amenities include a hair salon, game room, outdoor decks, TV room, and main-level kitchen. With its cozy interiors, comfortable furnishings, and beautiful setting, this facility exudes warmth and comfort. Residents and their families appreciate the inviting environment, which fosters a sense of community and well-being. With a reputation for excellence in senior care, this facility has established itself as a trusted provider in the local community. Its commitment to personalized care and attention to detail has garnered positive reviews and word-of-mouth referrals. Its reputation has meant consistently low vacancy rates. Owner needs to do little marketing and advertising. The facility offers significant value add opportunities. A new owner could also explore the potential for growth. The current owner has made many upgrades since acquiring the facility. Further upgrades could yield higher room rates and additional net operating income increases. For experienced investors, as well as those new to the senior care industry, the facility presents a rare opportunity to invest in a thriving assisted living business and desirable real estate. This turnkey operation offers the potential for significant returns and the satisfaction of providing essential services to an aging population.

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,712

Style

Lot Size

3.27

Year Built

1976

Town/City

Harwood

County/Region

Anne Arundel

MLS | Web ID

MDAA2083386

Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
Entry Level 1
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General
Sewer Septic Exists
Heating Baseboard - Electric
Cooling Central A/C
Possession Negotiable
Zoning RA
Construction Materials Brick
Year Built 1976
Property SubType Special Purpose
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Other
Accessibility 32 + wide Doors 36 + wide Halls Grab Bars Mod Level Entry - Main Roll-in Shower
County ANNE ARUNDEL
New Construction N
Property Type Commercial Sale
Possible Use Special Purpose
Water Access Y/N N
Status ACTIVE
Directions From Annapolis follow Solomons Island Road to Harwood. Property is on left side.
City HARWOOD
Buyer Agent Compensation 2.5
Total Units 15
Lot Size Square Feet 142441.00
Waterfront Y/N N
Street Name SOLOMONS ISLAND
Tax Annual Amount 17712.0
Price Per Sq Ft Total 603.38
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 22
Standard Status Active
Year Built Source Assessor
Legal Subdivision HARWOOD ESTATES
Tax Lot 2
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 7458.00
Lot Size Acres 3.27
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 750000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4187
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* Excluded Features
List By
Keller Williams Select Realtors

Broker

hedy@hedynelson.com

Email

Affordability Calculator

$32,910
Per Month
96%
4%
0%
Monthly Principal & Interest
$31,434
Monthly Property Taxes
$1,476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$4,500,000 Listed Price

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4187 Solomons Island Road, Harwood, MD, 20776 is a Commercial Property for sale at $4,500,000 with 10,430 sqft and a lot size of 3.27. 4187 Solomons Island Road is a studio with 0.0 baths and was built in 1976. The property's zip code is 20776 which is in Harwood, MD