50 Beach Rd - Health Care FOR SALE


Wolcott, CT 06716
$4,500,000 USD
860-877-4682
50 Beach Rd, Wolcott, CT for Sale
$4,500,000 USD
Health Care - FOR SALE
1/25
null | Request Cap Rate

50 Beach Rd
Wolcott, CT 06716


OVERVIEW

The former Wolcott View Manor offers a unique opportunity to obtain 23.95 acres of redevelopment potential, located in the heart of Wolcott, Connecticut, and consists of three contiguous parcels with substantial existing infrastructure and pre-approved expansion potential. The main parcel features a ±50,000 square foot former skilled nursing facility with 129 Beds, consisting of 73 rooms -17 private, 56 semi-private, 10 semiprivate have full baths, the remaining 46 have shared half baths. 10 semi-private rooms share a full bath between 2 patient rooms, and 12 of the private rooms have full baths. Administrative offices and full support areas, including lounges, dining, therapy space, and medical infrastructure. A second ±13,000 square foot annex building previously operated as a daycare and housed laundry facilities, garage bays, and flex-use areas, offering a wide range of repurposing potential. The third parcel, accessible via Evas Terrace, offers a strategic secondary access point and is included in a conceptual site plan for a 140-unit assisted living facility. The site is fully sprinklered, served by public utilities (to be verified), and zoned GC, allowing for a wide array of redevelopment opportunities, including assisted living, transitional housing, medical campus, or mixed-use residential. Its proximity to I-84 and nearby Waterbury hospitals makes it an ideal candidate for healthcare or senior-living-focused expansion.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25.08 AC

LAND SF

1,092,364 SF

ZONING

GC

APN/PARCEL ID

WOLC-000113-000004-000005H

ASK ABOUT THIS PROPERTY

Mustafa MuaremiRegency Real Estate, LLCMore Info
860-877-4682

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Mustafa MuaremiRegency Real Estate, LLCMore Info
860-877-4682

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