210-343-7821
300 W Salmon St, Stockdale, TX for Sale
Assisted Livings - FOR SALE
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300 W Salmon St
Stockdale, TX 78160


HIGHLIGHTS

  • Located in close proximity to local schools
  • One acre parcel that spans the entire block
  • Exterior brick intact, minor repairs needed on other exterior features

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Congregate Senior Housing, Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

-

APN/PARCEL ID

28918

ASK ABOUT THIS PROPERTY

James Stewart, CCIM, CPMMarcus & MillichapMore Info
210-343-7821

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James Stewart, CCIM, CPMMarcus & MillichapMore Info
210-343-7821

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