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707 N Waldrip St 24,094 SF Health Care Building Offered at $1,600,000 in Grand Saline, TX 75140
Investment Highlights
- - Three Duplex-Style Office Buildings – Multiple income-producing or lease-ready office spaces offering flexibility for a variety of business uses.
- - Approximately 1,000 Feet of Road Frontage – Exceptional visibility, accessibility, and exposure along a highly desirable corridor.
- - Multiple Revenue Stream Possibilities – Existing structures allow for diversified tenancy and phased development strategies.
- - Versatile Mixed-Use Opportunity – Suitable for medical, professional office, senior living, rehabilitation, educational, governmental, or commercial
- - 15,000+ Sq. Ft. Former Hospital Facility – A rare opportunity to acquire a substantial medical/commercial building with endless redevelopment potent
- - Large Existing Infrastructure – Utilities, parking, and established site improvements can reduce development costs and timelines.
Executive Summary
A rare and highly versatile opportunity in the heart of Grand Saline, this historically significant property—formerly the only full-service hospital in Van Zandt County—offers exceptional potential for both medical and commercial use. Positioned on a generous 5.6 acre tract with approximately 1,000 feet of road frontage, the property provides outstanding visibility and accessibility, making it ideal for a wide range of healthcare, professional, or business applications. The site includes three duplex-style buildings that are well-suited for medical offices, specialty clinics, professional suites, or income-producing commercial spaces. An additional building is ready to be customized, offering flexibility for urgent care, retail, office, or service-based businesses. The expansive grounds provide ample room for future development, additional structures, or parking expansion. Whether you're envisioning a multi-tenant medical campus, a professional business park, or a mixed-use commercial development, this property offers the scale and adaptability to bring your vision to life. A storage building adds convenience for operational needs. With its strong history of serving the community and its prime location, this property presents a unique opportunity to create a thriving hub for medical services, business operations, or investment growth. Equipment is negotiable with sale of property.
Property Facts
Amenities
- Wheelchair Accessible
- Smoke Detector
- Backup Power / Generators
- Cafe
Room Mix Information
| Description | No. Beds |
|---|---|
| Hospital | 20 |
| Office | 0 |
| Office | 0 |
| Office | 0 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R000013466 | Improvements Assessment | $389,800 |
| Land Assessment | $335,200 | Total Assessment | $725,000 |
Property Taxes
Parcel Number
R000013466
Land Assessment
$335,200
Improvements Assessment
$389,800
Total Assessment
$725,000
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Contact the Sale Advisor
707 N Waldrip St