411 7th Ave NW - Health Care FOR SALE
Arlington, MN 55307 |
$449,900 USD
507-351-1324
411 7th Ave NW
Arlington, MN 55307
HIGHLIGHTS
- The property is located on a large lot with a park like setting.
- The possible uses for the parcel are numerous and the city of Arlington is willing to work with a buyer to bring the project scope into reality.
- The property offers multiple wings with exterior access and parking, which would make the parcel an ideal set up for a mixed use.
OVERVIEW
Updated Price of: $449,900!
This one level former long term care facility is vacant and ready for a new buyers ideas. Here are the details:
-Skilled Nursing Facility Total SF: 25,251 (Year built: 1957, with additions in 1963, 1976, 1987, and 1993)
-Assisted Living Facility Total SF: 10,313 (Year Built: 2007)
The property would be a great fit for conversion into multi-family housing, short or long term hospitality, daycare, storage, mixed use, etc.
FOR SALE DETAILS
PRICE
$449,900 USD
PRICE/SF
$13 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
C
YEAR BUILT
1957
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
3.42 AC
LAND SF
148,975 SF
ZONING
Other
APN/PARCEL ID
31.0708.000
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507-351-1324
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507-351-1324
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