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94 Hospital St - Ridgway Medical Redevelopment — 75,000 SF 75,000 SF Specialty Building Offered at $3,850,000 in Ridgway, PA 15853
Investment Highlights
- Two parking lots | 100+ onsite spaces
- Ideal for healthcare, senior living, behavioral health, education, mixed-use
- Plumbing & Electric Updated
Executive Summary
Rare opportunity to acquire a full-scale former hospital facility positioned to serve as a critical healthcare access point for an underserved eight-county region in north-central Pennsylvania.
The property is a ±75,000 square foot institutional healthcare campus featuring brick construction, former patient rooms and clinical space, three elevators, three loading docks, hospital-grade mechanical systems, sprinkler and alarm systems, ADA compliance, updated plumbing and electric, and on-site parking for 100+ vehicles. A former daycare wing allows for a true multi-service healthcare campus model.
Ridgway serves as a regional hub for surrounding rural communities and is located in an eight-county maternity care desert with zero maternity clinics currently operating within the region. The area also faces limited inpatient behavioral health capacity, an aging population with increasing care needs, and long travel distances for essential healthcare services.
This asset is ideally suited for redevelopment as:
-Inpatient behavioral health hospital
-Maternity and women’s health campus
-Senior living or senior care facility
-Multi-service community healthcare campus
The property may qualify for a variety of federal, state, and local redevelopment incentives, rural healthcare grants, workforce development programs, and community development funding sources (buyer to verify), making this a compelling public-private partnership opportunity.
This is not a shell conversion. This is a real hospital facility with existing healthcare infrastructure — offered at well below replacement cost.
The property is delivered vacant at closing. Full due diligence materials, floor plans, and property tours available upon request.
The property is a ±75,000 square foot institutional healthcare campus featuring brick construction, former patient rooms and clinical space, three elevators, three loading docks, hospital-grade mechanical systems, sprinkler and alarm systems, ADA compliance, updated plumbing and electric, and on-site parking for 100+ vehicles. A former daycare wing allows for a true multi-service healthcare campus model.
Ridgway serves as a regional hub for surrounding rural communities and is located in an eight-county maternity care desert with zero maternity clinics currently operating within the region. The area also faces limited inpatient behavioral health capacity, an aging population with increasing care needs, and long travel distances for essential healthcare services.
This asset is ideally suited for redevelopment as:
-Inpatient behavioral health hospital
-Maternity and women’s health campus
-Senior living or senior care facility
-Multi-service community healthcare campus
The property may qualify for a variety of federal, state, and local redevelopment incentives, rural healthcare grants, workforce development programs, and community development funding sources (buyer to verify), making this a compelling public-private partnership opportunity.
This is not a shell conversion. This is a real hospital facility with existing healthcare infrastructure — offered at well below replacement cost.
The property is delivered vacant at closing. Full due diligence materials, floor plans, and property tours available upon request.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 12-12-247-5911 | Improvements Assessment | $0 |
| Land Assessment | $850 | Total Assessment | $850 |
Property Taxes
Parcel Number
12-12-247-5911
Land Assessment
$850
Improvements Assessment
$0
Total Assessment
$850
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94 Hospital St - Ridgway Medical Redevelopment — 75,000 SF
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