2229 N Carroll Blvd - Health Care FOR SALE


Denton, TX 76201- Downtown Denton
$3,950,000 USD
940-220-3785
2229 N Carroll Blvd, Denton, TX for Sale
$3,950,000 USD
Health Care - FOR SALE
1/36
null | Request Cap Rate

2229 N Carroll Blvd
Denton, TX 76201
Downtown Denton


HIGHLIGHTS

  • The property is currently an active skilled nursing facility, but the operator is relocating to a new facility expected to be completed by May 2023.
  • The building has approximately 53,000 square feet of space and is situated on 4.994 acres of land.
  • It features a total of 101 bedrooms, with 59 having private restrooms and 42 having semi-private restrooms.
  • The facility includes 10 public restrooms and 7 shower areas for convenience and accessibility.
  • There are 20 office spaces, 5 meeting rooms, and 2 dining & activity rooms within the building.
  • The property boasts 5 enclosed courtyards, providing outdoor spaces for residents and staff.

OVERVIEW

A former nursing home with 5 acres of land, 5,300 sq. ft. of space, 100 rooms, and a large dining area** presents a wealth of opportunities for various uses. Here are some prime possibilities: 1. Church & Community Center The existing layout could easily be transformed into a house of worship with offices, classrooms, and fellowship areas. The large dining room is ideal for church gatherings, community meals, or special events. The 100 rooms could serve as Sunday school rooms, youth group spaces, counseling offices, or temporary housing for missionaries. The 5 acres offer space for outdoor events, parking, or expansion for a worship hall. 2. Student Housing or Dormitory The property could be repurposed into an affordable student housing facility for nearby colleges or trade schools. The individual rooms provide private or semi-private student accommodations. The dining area could be used as a cafeteria or common area for students. The land allows for recreational spaces, study areas, or future development. 3. Office Spaces & Co-Working Hub The layout supports conversion into private offices, conference rooms, and coworking spaces. The large dining room could be repurposed into a conference center, event space, or shared lounge area. Ideal for startups, small businesses, or medical offices seeking an affordable headquarters. The expansive property offers ample parking and room for additional development. Would you like me to tailor these ideas based on local demand or zoning regulations?

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

C

APN/PARCEL ID

R131291

ASK ABOUT THIS PROPERTY

Frank CuddCudd Realty, Inc.More Info
940-220-3785

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Frank CuddCudd Realty, Inc.More Info
940-220-3785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.