94 Hospital St - Hospitals FOR SALE


Ridgway, PA 15853
$3,850,000 USD
412-290-6321
94 Hospital St, Ridgway, PA for Sale
$3,850,000 USD
Hospitals - FOR SALE
1/107
null | Request Cap Rate

94 Hospital St
Ridgway, PA 15853


HIGHLIGHTS

  • Two parking lots | 100+ onsite spaces
  • Plumbing & Electric Updated
  • Ideal for healthcare, senior living, behavioral health, education, mixed-use

OVERVIEW

Rare opportunity to acquire a full-scale former hospital facility positioned to serve as a critical healthcare access point for an underserved eight-county region in north-central Pennsylvania. The property is a ±75,000 square foot institutional healthcare campus featuring brick construction, former patient rooms and clinical space, three elevators, three loading docks, hospital-grade mechanical systems, sprinkler and alarm systems, ADA compliance, updated plumbing and electric, and on-site parking for 100+ vehicles. A former daycare wing allows for a true multi-service healthcare campus model. Ridgway serves as a regional hub for surrounding rural communities and is located in an eight-county maternity care desert with zero maternity clinics currently operating within the region. The area also faces limited inpatient behavioral health capacity, an aging population with increasing care needs, and long travel distances for essential healthcare services. This asset is ideally suited for redevelopment as: -Inpatient behavioral health hospital -Maternity and women’s health campus -Senior living or senior care facility -Multi-service community healthcare campus The property may qualify for a variety of federal, state, and local redevelopment incentives, rural healthcare grants, workforce development programs, and community development funding sources (buyer to verify), making this a compelling public-private partnership opportunity. This is not a shell conversion. This is a real hospital facility with existing healthcare infrastructure — offered at well below replacement cost. The property is delivered vacant at closing. Full due diligence materials, floor plans, and property tours available upon request.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ridgway Medical Redevelopment — 75,000 SF

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MED

APN/PARCEL ID

12-12-247-5911

ASK ABOUT THIS PROPERTY

Meghan HeckmannCrown Homes Real EstateMore Info
412-290-6321

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Meghan HeckmannCrown Homes Real EstateMore Info
412-290-6321

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