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450 Towne Center Blvd

50,466 SF Health Care Building Offered at $8,500,000 in Ridgeland, MS 39157

Investment Highlights

  • Two-story inpatient facility (former inpatient hospice facility)
  • 50 ±150 SF private studio units located in 4 hubs, each containing 6 shared half bathrooms, 4 private half bathrooms, and 4 community showers
  • Surrounded by multi-family residential to the North, Ridgeland Fire Department/vacant land to the East, vacant land to the South, and single-family re
  • Second story of the building consists of an administrative component, which is accessible by elevator and stairs
  • Utilities/municipal services are all available to the site
  • Versatile re-use healthcare space that could align with several types of care: behavioral health, rehabilitation, skilled nursing, senior living, etc.

Executive Summary

Randall Commercial Group, LLC is pleased to present for sale this outstanding, versatile inpatient investment opportunity in Ridgeland, MS, which is part of the Jackson, MS MSA. The property is strategically located off I-55 (±100,000 VPD) approximately 10 minutes from both Jackson, MS and Madison, MS. The subject property is situated just 4 minutes from NorthPark Mall, 7 minutes from the Barnett Reservoir, and 8 minutes from The Country Club of Jackson.

Property Facts

Price $8,500,000
Price Per Bed $170,000
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property
Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 5.14 AC
Building Size 50,466 SF
No. Beds 50
No. Stories 2
Year Built 1997
Parking Ratio 1.86/1,000 SF
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
072I-32B-006-04-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$556,585
  • Listing ID: 31415040

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 450 Towne Center Blvd, Ridgeland, MS 39157

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