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707 N Waldrip St - Former VZ County Hospital Building

18,874 SF Health Care Building Offered at $1,417,328 CAD in Grand Saline, TX 75140

Investment Highlights

  • Full service hospital including ER, OR, Lab, X-Ray, Pharmacy, etc.
  • Prime opportunity to serve the population of over 60,000 people in Van Zandt county.
  • Wealth of medical equipment available on site available to convey with the property.
  • 3,300 sq/ft additional clinic/ office space ready to build out to specific needs.
  • Has been a a full functioning hospital in the area for decades providing care to jobs the local community.

Executive Summary

Located on a corner lot in the heart of Grand Saline, this property has served as the only full service hospital in Van Zandt county for many years. This is an incredible opportunity to restore that operation or transform it to your business needs. The building consists of 8 inpatient rooms, 20 bed capacity, emergency room, operating room, lab, x-ray, pharmacy, kitchen, offices, etc. The facility is set up to operate as a hospital without much work needed. There is medical equipment available as well that is negotiable. The sale includes another building on site with roughly 3,300 square feet. With some interior finish-out, this building would make a great clinic or office space.
There are also 3 separate buildings on site that once served as clinics that are available for lease. Square footage of these 3 buildings range from 2,580-3,360 sq/ft. They are split on the inside so there is potential for 6 different services. One building is ready to lease now, the other 2 will need a little work. Build out allowance is negotiable. All buildings are located on same property. Ample parking available for all facilities. Negotiable to lease one unit, multiple units, or everything together as well.

Property Facts

Price $1,417,328 CAD
Price Per Bed $70,866 CAD
Sale Type Investment
Property Type Health Care
Property Subtype
Hospital
  • Healthcare Assisted Living
  • Healthcare Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Lot Size 1.80 AC
Building Size 18,874 SF
No. Beds 20
No. Stories 1
Year Built 1971

Room Mix Information

Description No. Beds
Main Hospital 20

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000013466
Land Assessment
$471,425 CAD
Improvements Assessment
$548,215 CAD
Total Assessment
$1,019,640 CAD

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32871392

  • Date on Market: 2024-08-18

  • Last Updated:

  • Address: 707 N Waldrip St, Grand Saline, TX 75140

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