Marcus and Millichap has been exclusively retained for the sale of 300 Salmon
Street, a vacant commercial property in Stockdale, TX. Formerly the only skilled
nursing facility serving the community for over 60 years, this property sits on .97
acres and takes up the whole corner block between School Street. and S 8th Street.
The owners consolidated a small plot of adjacent land, providing additional
parking. While requiring renovations to reach its highest and best use, this
property can accommodate a multi-tenant buildout, and would be suitable for
various uses such as single or multi-tenant offices, community centers, daycares,
healthcare facilities, multifamily conversion, non-profit, governmental or
construction-related trades. The outdoor space is ideal for active gatherings and
community engagement.
This abandoned and gutted 13,000 square foot skilled nursing facility presents a
unique opportunity for a buyer looking to capitalize on its potential. Although the
building is currently just wooden frames and wires with no sheetrock, the blank
slate allows for endless possibilities in terms of design and layout. The building is
in need of significant renovations including new plumbing, HVAC, and electrical
work, but the potential future use of this space is vast. With its large square footage
and single-story layout, this facility could be transformed into a daycare center,
assisted living facility, medical office, or even a community center. The
possibilities are endless for a buyer with the vision and resources to bring this
property to its full potential.