The ASHLAND BUILDING located at 101 Broad St Ashland Pa 17621 is an incredible re-development opportunity. This former medical facility lends itself to many applications from residential apartments to a multitude of senior/medical projects. It would also be an ideal resort or rehabilitation site with its sprawling grounds (20+/-ACRES) there are multiple additional buildings on site including a stone structure that could not be reproduced today at any price. The 20 +/- additional acreage could also be developed in a multitude of other directions. The property is a 6 story 191,858 SF brick 3-winged structure with a typical hospital layout with a central kitchen and glass ceiling cafeteria. This former acute care general hospital includes three additional build- ings, 285 parking spaces and a Heli-Pad. It’s been recently updated including a new natural gas/heating oil dual boiler system, new roofing, and electrical systems. The building is located along RT 61 in Schuylkill County, minutes from I-81, RT 54, RT 901 & RT 924, approximately 60 miles northeast of Harrisburg, 100 miles northwest of Philadelphia and with approximately 150,000 people living within a 15-mile radius. The Subject Property is an ideal opportunity for any value-add investor. Given the large amount of capital expenditures infused over the past several years, the property is perfectly situated for an adaptive reuse play. The property also includes over 20 acres of land for other future development PROPERTY IMPROVEMENTS ? Asbestos & any other hazardous materials have been removed ? Ceiling demolition work is complete allowing new ownership to install sprinkler systems throughout the building. ? 2 new boilers were installed in the new boiler room garage in 2015. Total cost was $1,248,292. ? Roof was repaired with sections of new roof installed. ? Mold was cleaned out and neutralized. ? All bio hazards were removed from building. ? HVAC Equipment, Electrical Wiring, Electrical Panels, Plumbing and building piping (circa 2010-2015) valued at $2,200,000. ? Heavy Power – Over 25,000 AMP systems ? Sections/Wings of 3rd & 4th floor have been updated and fin- ished to 2010-2015 standards – Estimated value of $1,100,000 or $550,000 per Section/ Wing ? Easy Access to I-81 and Major Highways ? 60 Miles (1 hr) from Harrisburg International Airp