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$ 1,175,000
Est. payment /mo
Active
48 W 700 S St. George, UT 84770
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision St George City Sur Plat C Blk 3
MLS Listing ID 2118664
Construction Status Blt./Standing
HOA Y/N No
Year Built 1973
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Office
Property Description
A rare opportunity for an owner-operator to step into a well-established, licensed assisted living facility in the heart of St. George. Rosecrest Assisted & Independent Living offers 12 licensed beds in a clean, efficient 4,319 SF facility, ideal for hands-on operators looking to own the real estate and the business. The facility is currently 83% occupied and produces strong, consistent income with room for additional upside through improved marketing, higher private-pay rates, and increased occupancy. Annualized 2025 financials project over $179,000 in Seller's Discretionary Earnings (SDE), providing immediate positive cash flow and a healthy 14.27% cap rate at the current asking price. Rosecrest provides a full suite of resident services, including personal care, medication management, meals, housekeeping, transportation, and activity programs, all supported by a trained caregiving staff. The smaller bed count allows for personalized, high-quality resident care and streamlined management, perfect for an owner who wants to be actively involved without taking on a large-scale facility. The property sits on a C-2 Highway Commercial lot just minutes from medical providers, shopping, and essential amenities. Originally built in 1973 and renovated in 1992, the building is well-maintained and offers both private and shared rooms, a communal dining area, and outdoor living spaces. Whether you're expanding your footprint in senior housing or seeking a manageable owner-operator facility with reliable income, Rosecrest delivers the best of both worlds, stable cash flow today with upside tomorrow.
Location
State UT
County Washington
Area St. George; Santa Clara; Ivins
Zoning Commercial
Interior
Fireplace No
Exterior
View Y/N No
Present Use Office
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID SG-1399-B-3
Listed by KW Utah Realtors Keller Williams (Brickyard)