200 School St - Hospitals FOR SALE


Wintersville, OH 43953
$5,990,000 USD
610-563-5484
200 School St, Wintersville, OH for Sale
$5,990,000 USD
Hospitals - FOR SALE
1/33
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NEW


200 School St
Wintersville, OH 43953


HIGHLIGHTS

  • Former long-term acute care (LTAC) hospital — purpose-built, hospital-grade construction
  • 49,914 SF, two-story building on 4.48 acres
  • Nurses' stations, medication room, exam rooms, therapy/consult rooms
  • Full commercial kitchen, dining room, and on-site laundry
  • ~45 minutes to downtown Pittsburgh; ~33 minutes to Pittsburgh International Airport

OVERVIEW

Behavioral Health Properties is pleased to present 200 School Street in Wintersville, Ohio - a 49,914 SF, two-story former hospital on 4.48 acres, located in the Ohio Valley approximately 45 minutes from downtown Pittsburgh and 33 minutes from Pittsburgh International Airport. Originally constructed in 2009 as a long-term acute care (LTAC) hospital, the building retains hospital-grade clinical infrastructure throughout, including nurses' stations, a medication room, exam rooms, group and individual therapy/consult rooms, a full commercial kitchen, dining room, employee break room, and laundry room. The second floor is configured with patient/resident rooms in double, triple, and quad occupancy, supported by nurses' stations and a dedicated medication room. Given its hospital pedigree, layout, and systems, the property is well suited to long-term acute care, skilled nursing, inpatient rehabilitation, behavioral health, or other licensed residential or institutional healthcare use. Construction features brick veneer exterior walls, double-pane aluminum windows, a metal-framed flat roof with built-up composition covering, and a concrete slab and lightweight-concrete-on-metal-deck floor structure. The building is served by central HVAC via roof-mounted package units. On-site paved parking is available, and all utilities - water, sewer, natural gas, and electric - serve the site. The property sits in FEMA Flood Zone X, outside the mapped floodplain. Zoned B-2, Community Business District, the site is bordered by single-family residential to the north, south, and west and a school to the east. The surrounding tri-state region of Ohio, West Virginia, and Pennsylvania has a documented, long-term need for residential healthcare capacity of multiple types. This is an opportunity for a healthcare operator or investor to acquire a purpose-built hospital asset with significant embedded clinical infrastructure, at a basis reflecting its as-is condition. Property Condition Disclosure: The property is currently vacant. It sustained water damage as a result of a sprinkler system failure. Some initial assessment-related work has occurred, including removal of damaged drywall in select areas, but the Seller is not performing further repair or remediation prior to sale. The property is offered strictly AS-IS, WHERE-IS, with all remaining repair and/or remediation work to be the responsibility of the Purchaser. Prospective buyers are strongly encouraged to perform their own physical inspection and due diligence, including engagement of qualified contractors and environmental professionals, prior to making an offer.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

ADD'L SUBTYPES

Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

4.49 AC

LAND SF

195,584 SF

ZONING

Functional

APN/PARCEL ID

06-01738-001

ASK ABOUT THIS PROPERTY

Joshua SlaybaughBehavioral Health PropertiesMore Info
610-563-5484

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Joshua SlaybaughBehavioral Health PropertiesMore Info
610-563-5484

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