450 Towne Center BlvdRidgeland, MS 39157

For Sale
$8,500,000

50-bed vacant facility, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional 50,466 square foot medical office building presents a unique investment opportunity in Ridgeland, Mississippi. Located at 450 Towne Center Blvd, this two-story facility, built in 1997/1999, sits on a 5.14-acre lot and offers 50 private studio units, each approximately 1,150 square feet. The building features a second-story administrative component accessible by elevator and stairs, and boasts 94 parking spaces. The property's versatile design allows for various healthcare uses, including behavioral health, rehabilitation and addiction services, skilled nursing, or senior living. Its strategic location offers convenient access to major roadways, including Interstate 55 (approximately 100,000 vehicles per day), and is within close proximity to Jackson and Madison, MS. Nearby amenities include NorthPark Mall, Barnett Reservoir, and The Country Club of Jackson. All utilities and municipal services are readily available. The surrounding area includes multi-family residential to the north, the Ridgeland Fire Department and vacant land to the east, vacant land to the south, and single-family residential to the west. The asking price is $8,500,000, translating to $168.43 per square foot. This property is currently vacant and ready for immediate occupancy.

Highlights

  • Two-story former inpatient hospice facility, adaptable for reuse.
  • Versatile healthcare space suitable for behavioral health, rehabilitation, skilled nursing, or senior living.
  • Second floor administrative area with elevator and stair access.
  • Ample parking with 94 spaces.
  • 50 private studio units (approx. 150 SF each) in four clusters, each with shared and private bathrooms and community showers.
  • All utilities and municipal services available.

Property Details for 450 Towne Center Blvd

Property type
Other office properties, Medical offices
Square Feet
50,466 SF
Year Built
1997
Buildings
1
Stories
2
Lot Size (sq. ft)
223,898 SF

Location Insight

City
Ridgeland
County
Madison
State
Mississippi
Latitude
32.4095056
Longitude
-90.1187925
450 Towne Center Blvd, Ridgeland, Mississippi

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450 Towne Center Blvd
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