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300 Cedar St 28,756 SF Health Care Building Offered at $349,900 in Tarkio, MO 64491
Investment Highlights
- Single-level, 28,756-square-foot structure extensively renovated in 2024 with new HVAC systems.
- Equipped with a commercial kitchen, laundry services, and multiple common areas including dining and activity rooms.
- Multiple redevelopment options including housing, healthcare, education, or nonprofit use.
- Fully licensed for 95 beds with many components already in place.
- 4.27-acre lot with 55 paved parking spaces to accommodate staff, visitors, or residents.
- Local taxes reduced by over 50%, providing substantial ongoing savings for new ownership.
Executive Summary
This versatile 28,756-square-foot facility in Tarkio, Missouri, offers an exceptional opportunity for investors or developers looking to capitalize on a recently renovated property with significant adaptability. Formerly designed and licensed for skilled nursing with a 95-bed capacity and 51 rooms on a single level, the building has been modernized with upgrades including a robust HVAC system throughout, a commercial kitchen, and functional laundry facilities.
The property spans 4.27 acres with 55 paved parking spots, providing ample on-site accessibility. Interior common areas such as a welcoming lobby, dining room, and activity spaces add to its multi-use potential. Recent tax reductions exceeding 50% further enhance financial appeal, reducing operating costs for new ownership.
Ideal for operators exploring healthcare services, senior living, or rehabilitation centers, this property also presents opportunities for conversion to multifamily apartments, workforce housing, educational campuses, or community-based ventures. Its modern infrastructure and extensive improvements eliminate heavy upfront development costs, making it a cost-efficient solution for businesses or institutions seeking immediate operational readiness.
The property spans 4.27 acres with 55 paved parking spots, providing ample on-site accessibility. Interior common areas such as a welcoming lobby, dining room, and activity spaces add to its multi-use potential. Recent tax reductions exceeding 50% further enhance financial appeal, reducing operating costs for new ownership.
Ideal for operators exploring healthcare services, senior living, or rehabilitation centers, this property also presents opportunities for conversion to multifamily apartments, workforce housing, educational campuses, or community-based ventures. Its modern infrastructure and extensive improvements eliminate heavy upfront development costs, making it a cost-efficient solution for businesses or institutions seeking immediate operational readiness.
Property Facts
| Price | $349,900 | Lot Size | 4.27 AC |
| Price Per Bed | $3,683 | Building Size | 28,756 SF |
| Sale Type | Investment or Owner User | No. Beds | 95 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Skilled Nursing Facility | Year Built/Renovated | 1970/2024 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Zoning | C - Commercial | ||
| Price | $349,900 |
| Price Per Bed | $3,683 |
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Skilled Nursing Facility |
| Building Class | C |
| Lot Size | 4.27 AC |
| Building Size | 28,756 SF |
| No. Beds | 95 |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2024 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | C - Commercial |
Amenities
- Wheelchair Accessible
- Smoke Detector
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 5019-15-000340 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,615,700 |
Property Taxes
Parcel Number
5019-15-000340
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,615,700
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300 Cedar St