1000 S Freeway - Health Care FOR SALE


Tucson, AZ 85745- Menlo Park
$4,800,000 USD
815-762-5689
1000 S Freeway, Tucson, AZ for Sale
$4,800,000 USD
Health Care - FOR SALE
1/12
null | Request Cap Rate

1000 S Freeway
Tucson, AZ 85745
Menlo Park


HIGHLIGHTS

  • I-1 Condition 1 Certificate of Occupancy Allowing for Multiple Permitted Healthcare Uses Including Inpatient Behavioral and Substance Abuse Treatment
  • 41 Private Bedrooms with Ensuite Bathrooms
  • Fully Fire Sprinklered with Fire Alarm Panel
  • ADA Accessible Bedrooms & Bathrooms
  • Brand New Full Commercial Kitchen

OVERVIEW

41-Unit Behavioral Health/Transitional Living Facility available for lease or purchase. The building comes equipped with a current I-1 Condition 1 Certificate of Occupancy allowing for immediate licensing as a behavioral health facility, inpatient treatment center, transitional living facility, etc. with occupancy up to 118. Previously operating as a hotel, the property recently underwent a $1.5m renovation and conversion in 2023 specifically tailored towards behavioral health. The 2-story building offers 41 bedrooms (252-300 square feet) large enough for 2+ residents per room, 42 private bathrooms (3 ADA accessible), full commercial kitchen, dining room, ample common area space for group therapy, intake, lounges, and outdoor patio and parking. All new flooring, commercial kitchen, HVAC, and exterior paint, etc.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

Institutional Group I-1

APN/PARCEL ID

116-23-142C

ASK ABOUT THIS PROPERTY

Jarrett DuncanValley ALF VenturesMore Info
815-762-5689

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Jarrett DuncanValley ALF VenturesMore Info
815-762-5689

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