707 Waldrip StGrand Saline, TX 75140

For Sale
$999,900

Prime Medical Office Opportunity, Texas

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property in Grand Saline, Texas, presents a unique investment opportunity. The main building, totaling 15,574 square feet, is a former hospital boasting 8 inpatient rooms (20-bed capacity), an emergency room, operating room, lab, x-ray facilities, pharmacy, kitchen, and ample office space. The property's layout is well-suited for continued medical use, requiring minimal renovations. Included in the sale is a second building of approximately 3,300 square feet, ideal for a clinic or office space. The 1.8-acre lot also features three additional buildings, ranging from 2,580 to 3,360 square feet each, currently available for lease. These buildings offer potential for six separate services, with one ready for immediate occupancy and two requiring minor renovations. A build-out allowance is negotiable. The entire complex offers ample parking. The property is zoned commercial and is being offered for sale as a fee simple ownership. The asking price is $999,900, representing $52.98 per square foot for the total 18,874 square feet of building space. The property is vacant and presents a chance to restore its former function or adapt it to a variety of business needs. Negotiable lease options are available for individual units or the entire complex. Built in 1971, this one-story complex consists of two buildings. Medical equipment is available for negotiation. Located at 707 N Waldrip St, Grand Saline, TX 75140.

Highlights

  • 15,574 SF main building with 8 inpatient rooms (20 beds).
  • Exam room, operating room, emergency room, lab, X-ray, pharmacy, offices, and kitchen.
  • 3,300+ SF building available for tenant improvement; ideal for medical or office use.
  • Ample parking.

Property Details for 707 Waldrip St

Property type
Other specialty properties, Nursing homes
Square Feet
18,874 SF
Year Built
1971
Buildings
2
Stories
1
Lot Size (sq. ft)
78,408 SF
Units
2

Location Insight

City
Grand Saline
County
Van Zandt
State
Texas
Latitude
32.678980394325
Longitude
-95.722186070418
707 Waldrip St, Grand Saline, Texas

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707 Waldrip St
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