899 Cecil Ave S - Health Care FOR SALE


Millersville, MD 21108
$1,750,000 USD
317-809-4788
899 Cecil Ave S, Millersville, MD for Sale
$1,750,000 USD
Health Care - FOR SALE
1/4
null | Request Cap Rate

899 Cecil Ave S
Millersville, MD 21108


HIGHLIGHTS

  • Zoned use by right for mental health or SNF (Senior Nursing Facility)
  • ±28,277 SF two-story building
  • 16 approved beds for substance abuse treatment
  • Special exception permits up to 78 mental health beds

OVERVIEW

899 Cecil Avenue presents an opportunity to acquire a former skilled nursing facility positioned for behavioral health, detox, eating disorder treatment, or senior care operations in Anne Arundel County, Maryland. The property consists of a two-story facility containing approximately 28,277 square feet situated on approximately 4.95 acres. Formerly operated as an 87-bed skilled nursing facility, the asset offers an established institutional layout that can support healthcare and residential treatment uses. The property benefits from zoning and entitlement characteristics that support healthcare-related occupancy. Anne Arundel County approved a Special Exception allowing an eating disorder treatment facility at the property, and approvals permit up to 78 mental health beds along with 16 beds for substance abuse treatment. Uses identified in the approval materials include mental health, detox, and eating disorder treatment operations. These approvals may reduce the time and uncertainty often associated with securing healthcare-related entitlements. Located in Millersville within the Baltimore-Washington corridor, the property offers access to a large regional population base and established healthcare infrastructure throughout Anne Arundel County and the surrounding metropolitan area. The site's acreage, existing building improvements, approved treatment use framework, and available parking create a platform for operators, investors, or healthcare organizations seeking a facility that can be repositioned or reactivated for residential treatment and related healthcare services.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Knollwood Manor

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

4.82 AC

LAND SF

209,828 SF

ZONING

R1

APN/PARCEL ID

04-000-03330800

ASK ABOUT THIS PROPERTY

Alex CohnColliersMore Info
317-809-4788

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Alex CohnColliersMore Info
317-809-4788

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