SOLD $675,000 - Commercial
Discover a Prime Investment Opportunity in the Healthcare Sector
Unlock the potential of this property, perfect for your next successful venture in Hagerstown. Contact us today to schedule a viewing or to learn more about this exceptional offer. This 45-bed vacant nursing home facility is truly a rare find. With all necessary upgrades completed . This property is your gateway to entering the booming healthcare industry. The healthcare sector represents one of the most lucrative and rapidly expanding fields today. With a significant aging population and increasing demand for healthcare services, investing in healthcare facilities offers both stability and substantial growth potential. This article explores a prime investment opportunity in the healthcare sector: a 45-bed vacant nursing home facility. We’ll delve into the details of the property, its features, investment potential, and how it stands as a gateway to entering this booming industry.
Overview of the Healthcare Sector
The healthcare sector encompasses a wide range of services, including hospitals, nursing homes, assisted living facilities, and outpatient care centers. It is characterized by consistent demand and government support, making it a resilient investment option. The sector’s growth is driven by factors such as longer life expectancy, technological advancements, and an increasing focus on quality of care.
Why Invest in Healthcare?
Investing in healthcare facilities offers numerous advantages. The sector’s stability, high demand, and potential for long-term returns make it an attractive option. Additionally, healthcare properties often benefit from government incentives and favorable financing options. With the right investment, you can tap into a market that is essential and ever-growing.
Property Overview
Location
This prime property is strategically located just minutes from Interstates 70 and 81, offering excellent accessibility and visibility. Its location on a generous 2.37-acre lot provides ample space for various uses and potential expansions.
Size and Construction
The property features over 13,000 square feet of all-brick construction, ensuring durability and low maintenance. Its large size accommodates a variety of uses, making it a versatile investment.
Zoning and Usage
Zoned as RB-E, the property is suitable for multiple uses, including Nursing Home, Assisted Living, Adult/Child Day Care, and Private School. This flexibility allows investors to tailor the property to meet market demands.
Basement Potential
The basement offers approximately 6,000 square feet of space with excellent finishing potential. This area can be converted into additional living or service areas, adding significant value to the property.
No City Taxes
Located outside the city limits, the property benefits from the strategic advantage of no city taxes, reducing operating costs and increasing profitability.
