707 N Waldrip St - Hospitals FOR SALE


Grand Saline, TX 75140
$1,600,000 USD
903-918-0592
707 N Waldrip St, Grand Saline, TX for Sale
$1,600,000 USD
Hospitals - FOR SALE
1/36
null | Request Cap Rate

707 N Waldrip St
Grand Saline, TX 75140


HIGHLIGHTS

  • - Three Duplex-Style Office Buildings – Multiple income-producing or lease-ready office spaces offering flexibility for a variety of business uses.
  • - Versatile Mixed-Use Opportunity – Suitable for medical, professional office, senior living, rehabilitation, educational, governmental, or commercial
  • - Approximately 1,000 Feet of Road Frontage – Exceptional visibility, accessibility, and exposure along a highly desirable corridor.
  • - 15,000+ Sq. Ft. Former Hospital Facility – A rare opportunity to acquire a substantial medical/commercial building with endless redevelopment potent
  • - Multiple Revenue Stream Possibilities – Existing structures allow for diversified tenancy and phased development strategies.
  • - Large Existing Infrastructure – Utilities, parking, and established site improvements can reduce development costs and timelines.

OVERVIEW

A rare and highly versatile opportunity in the heart of Grand Saline, this historically significant property—formerly the only full-service hospital in Van Zandt County—offers exceptional potential for both medical and commercial use. Positioned on a generous 5.6 acre tract with approximately 1,000 feet of road frontage, the property provides outstanding visibility and accessibility, making it ideal for a wide range of healthcare, professional, or business applications. The site includes three duplex-style buildings that are well-suited for medical offices, specialty clinics, professional suites, or income-producing commercial spaces. An additional building is ready to be customized, offering flexibility for urgent care, retail, office, or service-based businesses. The expansive grounds provide ample room for future development, additional structures, or parking expansion. Whether you're envisioning a multi-tenant medical campus, a professional business park, or a mixed-use commercial development, this property offers the scale and adaptability to bring your vision to life. A storage building adds convenience for operational needs. With its strong history of serving the community and its prime location, this property presents a unique opportunity to create a thriving hub for medical services, business operations, or investment growth. Equipment is negotiable with sale of property.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$66 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

Continuing Care Retirement Com, Rehabilitation Center, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.66 AC

LAND SF

246,550 SF

ZONING

C

APN/PARCEL ID

R000013466

ASK ABOUT THIS PROPERTY

Jonathan WhitehurstDwell RealtyMore Info
903-918-0592

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Jonathan WhitehurstDwell RealtyMore Info
903-918-0592

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