407 E Ash St - Medical FOR SALE


Perry, FL 32347
$399,900 USD
904-316-7433
407 E Ash St, Perry, FL for Sale
$399,900 USD
Medical - FOR SALE
1/64
null | Request Cap Rate

407 E Ash St
Perry, FL 32347


HIGHLIGHTS

  • Owner-Financing & Negotiable Terms - Call Listing Agent For Details - Due Diligence Data on File.

OVERVIEW

FOR SALE | Historic Medical Campus & Redevelopment Opportunity Old Perry Hospital | 407 E. Ash Street | Perry, Florida Exceptional Value-Add Investment on 5.65 Acres Rare opportunity to acquire the former Old Perry Hospital campus, a multi-building commercial complex situated on approximately 5.65 acres within the City of Perry. This expansive property offers over 37,000 square feet of existing improvements and presents significant upside potential for investors, developers, healthcare operators, assisted living providers, educational institutions, government agencies, or adaptive reuse projects. Owner financing and flexible terms may be available. Property Highlights Former Hospital & Medical Campus 37,049± SF Total Building Area 5.65± Acre Site Seven-Building Commercial Complex Multiple Office & Professional Buildings Warehouse / Storage Building Included Located Within Perry City Limits Close Proximity to Medical Offices and Community Services Concrete Block, Brick, and Professional Office Construction Owner Financing Available Motivated Seller Due Diligence Package Available Sold As-Is with Right to Inspect Building Breakdown Former Hospital Building – 37,049 SF Office Building #1 – 7,546 SF Office Building #2 – 2,718 SF Office Building #3 – 2,092 SF Office Building #4 – 1,313 SF Professional Building – 16,515 SF Warehouse / Storage Building – 2,112 SF The property's campus-style layout provides flexibility for phased redevelopment, multi-tenant occupancy, medical conversion, government use, educational facilities, senior housing, rehabilitation services, storage operations, or a mixed-use commercial project. Investment Opportunity Properties of this size and scale rarely become available at such an attractive entry point. With substantial existing infrastructure already in place, investors have the opportunity to reposition and revitalize a landmark property while benefiting from a low acquisition basis. The campus configuration offers multiple income-producing possibilities and long-term redevelopment potential. Strategic North Florida Location Located in Perry, Florida, the property serves as a central location for the surrounding Big Bend region. The site provides convenient access to major transportation routes, medical services, government facilities, and the downtown business district, making it well-positioned for a variety of commercial and institutional uses. Offered At $399,900 Only Approximately $10.79 Per Square Foot Potential Uses Medical Office Campus Assisted Living Facility Rehabilitation Center Behavioral Health Facility Educational or Training Center Government Offices Religious Institution Multi-Tenant Professional Offices Self-Storage Conversion Senior Housing Mixed-Use Redevelopment Community Services Center OWNER-FINANCING AND NEGOTITABLE TERMS AVAILABLE – Motivated owner – 7-Unit Commercial Buildings on 5.65 Acres Within the City Limits and in Close Proximity to Medial Offices. Old Hospital Total SF= 37,049. Built in 1977 – Concrete Block Exterior. Office Building #1 Total SF= 7,546 - Built 1972 Brick Exterior. Office Building #2 Total SF = 2,718 - Built 1972 Brick Exterior. Warehouse/Storage 2,112 SF. Built 1972 Brick/Metal Exterior. Office Building #3 2,092 SF - Built 1995 T1-11 Exterior. Professional Building #1 16,515 Total SF- Built 1995 Block Exterior. Office Building #4 1,313 Total SF - Built 2002 T1-11 Exterior Property and Building Needs Renovations - Selling As is With Right to Inspections. Seller has No Knowledge of Property – All Due Diligence Data in Hand on File with Listing Agents.

FOR SALE DETAILS

PRICE

$399,900 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Old Perry Hospital

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.65 AC

LAND SF

246,114 SF

ZONING

-

APN/PARCEL ID

24-04-07-03650-100

ASK ABOUT THIS PROPERTY

Paul J. Reed, P.A.Watson Commercial Realty, Inc.More Info
904-316-7433

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Paul J. Reed, P.A.Watson Commercial Realty, Inc.More Info
904-316-7433

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