Freestanding Former Nursing Home

Special Purpose for Sale
Catylist Listing ID: 30870982
Property Subtypes: Health Care/Medical
Building Size (RSF): 30,226 SF
Gross Land Area: 2.89 Acres
Sale Price: $1,425,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/19/2024

Overview / Comments

Introducing a prime investment opportunity at 1117 Woodland Drive, Elizabethtown, KY. This expansive 30,226 SF, former nursing home, presents an ideal canvas for redevelopment within the WOODLAND CORRIDOR DISTRICT. Situated on 2.89 acres and conveniently located close to Baptist Hardin Hospital, this property is primed for a variety of uses, from medical facilities and offices to assisted living or multi-family residences. The shell condition, with a back-up generator, offers unlimited potential for a successful transformation in a sought-after area of Elizabethtown. Don't miss this chance to make your mark in this thriving community.

Additional Details

Nearest MSA: Elizabethtown-Fort Knox
County: Hardin
Taxing Authority: Hardin County
Tax ID/APN: 202-30-01-020
Zoning: WOODLAND CORRIDOR DISTRICT
Property Located Between: Gross Avenue and Doctors Court
Property Visibility: Excellent
Largest Nearby Street: Dixie Highway aka 31W
Highway Access: Convenient access from Woodland Drive to Ring Road. Minutes from I-65.
Site Description: The property improvements occupy the front of the site with parking in the rear. The site elevation falls from the front to the rear.
Area Description: Vibrant area surrounded by residential, medical and office uses.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 30,226 SF
Property Condition: Fair
Year Built: 1971
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Single story brick building with a freestanding storage building. The building is served by a back-up generator.
Parking Type: Surface
Parking Description: Approximately 80 surface parking stalls.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Woodland Corridor District permitting medical, adult care facilities, daycare, assisted living, office, residential, multifamily and medically related retail.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: CCP Elizabethtown 0787, LLC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,662 27,319 46,983
Median Age: 37.18 36.66 36.92
Households: 3,368 11,570 18,473

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