75-Rm Turn-Key All-Suites Hotel or 125-Bed ALF Conversion Opportunity

Currently the property is an operating hotel. The zoning and building structure present the possibility of a conversion to an Assisted Living Facility, with the adjoining 10.5-acre site offering an opportunity for further development. Property/Project includes: • 2.08-acres • 3-Story 75 Room/43,107 SF Interior Corridor Hotel (All Suites) • Limited Service: Cafeteria Area & Adjacent Conference Room • Zoning: CG • Land Use: Hotel/Motel • 75+/- Parking Spaces With a relative minimum of competition in the area, Vero Beach provides an opportunity for developers seeking opportunity for 55+ Apartments, senior communities, healthcare, and medical facilities. With its proximity to I-95, the area also provides opportunities for Industrial/Technology businesses seeking affordable locations to expand their businesses.