Oakwood Residential Care Facility — Sale in Columbus, OH

  • Price: $8M
  • Listing type: For sale
  • Asset type: Business
  • Location: Columbus, OH 43205
  • Size: 26,172 SF

Investment Figures

Price per square foot
$306

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Facility is currently an operating independent living facility. A buyer will have very little deferred maintenance/improvement dollars up front for a number of different uses. Vacant units are ready for occupancy. - 1975, renovated from a skilled nursing facility to independent senior living in 2019. - The property is primed for several different uses in a location that has an enormous barrier of entry. Potential re-uses include: inpatient/outpatient hospital/clinic, skilled nursing, school, hotel, condominiums or multi-family. - Opportunity to purchase an existing facility in great condition, avoiding high construction costs in a tough market. – All utilities are currently at the site, including phone, Wi-Fi, cable, electric, gas and water. – Building is fully sprinklered. – Full commercial kitchen & on-site gym with fitness equipment. – Off-street parking. – Within minutes from three major hospitals: OhioHealth Grant Medical, Ohio State East Hospital & Nationwide Children’s Hospital.

Market Context

This commercial property in Columbus, OH is listed for sale at $8,000,000 across 26,172 SF. It has been on the market for 54 days. Compare it against other commercial property listings for sale in Columbus, OH — view the full market.

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