Value Add Opportunity: Fields Wright Medical Facility For Sale

$1,095,000

2 W Adams St Sullivan, IL 61951

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About this listing

Welcome to the Fields-Wright Medical Facility, a beacon of comprehensive healthcare in the heart of Sullivan, IL. Strategically positioned at 2 W Adams St, in downtown Sullivan, the state-of-the-art medical center offers unparalleled convenience and proximity to essential healthcare services, capable of providing a wide range of services to meet the diverse needs of the community. Located in the bustling downtown of Sullivan, the facility offers convenient access to major roadways, including IL-121 and IL-32. Ample parking ensures hassle-free visits for patients and staff, while nearby amenities such as pharmacies, restaurants, and parks enhance the overall patient experience. With its central location, accessibility, and proximity to essential amenities, it’s more than just a property – it’s a cornerstone of healthcare excellence in Sullivan, IL.

Fields-Wright Medical Facility, located at 2 W Adams St in Sullivan, IL, represents a significant healthcare investment opportunity. Erected in 1979, this bi-level facility spanning 26,000 square feet presents an enticing value-add or owner/operator opportunity. The property comprises one full-time lease and three part-time leases, in addition to the main hospital tenant, HSHS St Mary's, occupying approximately 60% of the updated turn-key healthcare and medical space. Upon sale, HSHS St Mary's will vacate, rendering the property primarily vacant, yet offering a promising value-add prospect for attracting new tenants or utilizing as an owner/operator. Additionally, the facility features a newly renovated and leased cardiac therapy/PT Gym, along with a vacant dental office awaiting remodeling for a new lease. Detailed leasing and due diligence information is available upon request, and upon the signing of a Non-Disclosure Agreement (NDA). Don't miss this opportunity to invest in the future of healthcare in Sullivan, IL.

  • Building Size

    26,000 sqft

  • Lot Area

    0.43 acres

  • Zoning

    B2 Central Business District

  • Parking Spots

    28

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