1601 State Route 4
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1601 State Route 4
15,980 SF Health Care Building Offered at $1,250,000 at a 10.32% Cap Rate in Bucyrus, OH 44820
Executive Summary
Welcome to your next investment opportunity: a 48-bed rehabilitation facility nestled on 8.61 acres of serene landscape in Bucyrus, Ohio. This expansive property boasts a full commercial kitchen, spacious dining area, and two large patios, perfect for fostering a sense of community and relaxation. With a dedicated meeting room, this facility offers ample space for therapeutic sessions, group activities and daily meetings. Surrounded by 400 acres of picturesque farmland, residents will find solace in the peaceful surroundings as they embark on their journey to recovery. The supportive community is ready to rally behind the new owner, recognizing the pressing need for rehabilitation services in a town ranked third in the United States for opioid-related deaths. This location has no zoning, don't miss this chance to make a meaningful impact while investing in a lucrative opportunity.
Seller has done extensive research in the community to assist any Buyer with the requirements needed to license this property for 28 day treatment - or any form of treatment center you are looking for.
Seller has done extensive research in the community to assist any Buyer with the requirements needed to license this property for 28 day treatment - or any form of treatment center you are looking for.
Property Facts
| Price | $1,250,000 | Building Class | B |
| Price Per Bed | $25,000 | Lot Size | 8.61 AC |
| Sale Type | Investment | Building Size | 15,980 SF |
| Cap Rate | 10.32% | No. Beds | 50 |
| Property Type | Health Care | No. Stories | 2 |
| Property Subtype | Rehabilitation Center | Year Built/Renovated | 1940/2020 |
| Price | $1,250,000 |
| Price Per Bed | $25,000 |
| Sale Type | Investment |
| Cap Rate | 10.32% |
| Property Type | Health Care |
| Property Subtype | Rehabilitation Center |
| Building Class | B |
| Lot Size | 8.61 AC |
| Building Size | 15,980 SF |
| No. Beds | 50 |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2020 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $79,640 | |
| Land Assessment | $20,450 | Total Assessment | $100,090 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$20,450
Improvements Assessment
$79,640
Total Assessment
$100,090
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1601 State Route 4
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