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SOLD! Supported Living Services Home For Sale

Listed by Chris Close

SOLD: SUPPORTED LIVING SERVICES HOME, 3RD ST NE, LITTLE FALLS

Property Description: SOLD! Mary's House has been providing high quality service to vulnerable adults since being founded in 2009. The business currently holds a 245D-HCBS license through the State of Minnesota. When the opportunity to open Mary's House became available to Mary Olson in 2009, she chose to leave a successful career so she could follow her passion to help vulnerable adults. Mary has worked diligently to develop Mary's House into what it is today. The home is currently 100% occupied with four clients living the home. This is an opportunity to purchase a successful business with an excellent track record and high cash flows.

Listing Details

Business Name: Mary's House
CC File #: 1440
Type of Business: Supported Living Services Home
Address: 609 3rd Street NE
City: Little Falls
State: MN
Zip: 56345
Zoning: R-1 Residential
PID#: 48-0335-000 & 48-0336-000
Legal Description: Lot 7, Block 36, Original Plat Little Falls
Lot Size : Acres: 0.28
Lot Size : Sq.Ft.: 12000
Lot Dimensions: 80' x 150'
Building Size : Total Sq. Ft.: 2,188
Building Size : Main Level Sq. Ft.: 1,094
Building Size : Upper Level Sq. Ft.: 1,094
Sale Price: $349,000.00
Price Note: See Agent for Financials and Business Background.
Year Established: 2009
Number of Employees: 10

Property Features & Assets: House: 2,188 SF Total. Main Level: 1,094 SF (Kitchen, Dining, Living, Bathroom, & Office); Upper Level: 1,094 SF (Sitting Room, Bathroom, & 4 Bedrooms). Garage: 1,008 SF. (36' x 28') 3 Car - Heated & Insulated.

Property Features

Water: City
Sewer: City
Heating: Natural Gas Forced Air
Cooling: Central Air
Electric : Amps: 100
Electric : Phase: Single
Lighting: Fluorescent & Incandescent Bulb
Year Built: House: 1903; Garage: 1996
Construction: Wood Frame
Foundation: Concrete & Stone (Crawl Space under most of house)
Roof: Asphalt Shingles
Exterior: Stucco
Traffic Counts: 1,950 on 4th Street NE
Other: 4 Bedrooms (all on upper level). Laundry on Main Level.
Confidentiality Agreement: Yes
Property Tax Year: 2016
Annual Property Tax: $1,964.00
Bathrooms: 2 (one per level)
High-Speed Internet: Yes
Parking Spaces: 5 Parking Spaces in Alley (3 on slab, 2 on grass)
Road Frontage: 80' on 3rd Street NE
Reason for Selling: Owner's Health
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.