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Adamsville Hospital 450 W Adamsville Rd

87,598 SF Office Building Florence, AZ 85132 £5,490,870 (£63/SF)

Investment Highlights

  • Previously renovated into a 24-hour crisis observation unit and partly used as an Integrative Care facility
  • Two Million Dollars rennovation in 2016 by Horizon Wellness and over two million dollars renovation in 2023 by Current Owner
  • Surrounding buildings include a newly built Pinal Votes center 5/2024, 323 Single family housing and more
  • Recently renovated as an Inpatient Behavioral Health and Medical Detoxification Facility by current owner
  • Possible conversion to uses such as residential treatment centers, inpatient behavioral health facilities, assisted living and rehab facilities.

Executive Summary

INVESTMENT HIGHLIGHTS
THE HOSPITAL BUILDING AT 450 W ADAMSVILLE RD IS AN 87,598-SQFT MEDICAL, HEALTH AND WELLNESS FACILITY IN FLORENCE, ARIZONA.
 
•       Owner/Investors DREAM opportunity to purchase a large building at a low price per square foot and improve to suit their needs.
 
•       Former Regional Hospital /Florence Community Health Center/Horizon Wellness.
•       Past renovated Emergency Room to a 24-hour Crisis Observation Unit by last owner
•       Current renovation has 2 Arizona Health Department Licensed to operate 15-beds Inpatient Psychiatric and detoxification facility, and an Outpatient Counselling Facility.
 
•       May be converted to many uses such as Behavioral Health Residential Facility (BHRF), Intensive Outpatient Treatment center, Assisted Kitchen, etc. Care, Primary Care, Physical and Occupation rehab facilities, Training Center, Pharmacy for inhouse or mailing, can be utilized by funeral homes with Kitchen, etc., Full size laboratory, Operating Rooms (3), PACU surgical unit (10 Beds), Helicopter landing, 10 single room for secured Prison Inmates, 2 large size Dining areas, one private Dining, 3- courtyard inside the building, Restaurant section with Gourmet Commercial Kitchen, etc.
 
•       Located in Florence, Pinal County, AZ, a small town about an hour southeast of Phoenix where Pinal County is fastest growing county in Arizona.
•       Surrounding buildings include a newly built Pinal Votes center 5/2024, 323 Single family housing with new owners moving in daily, High-school and a completed housing community.
•       City of Florence is rich with historic Victorian houses, Adobe structures speak volumes, Western roots, botanical wildlife and Sonoran Desert reflects sunset morning and nightfall.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
87,598 SF
Building Class
C
Year Built/Renovated
1976/2023
Price
£5,490,870
Price Per SF
£63
Tenancy
Single
Number of Floors
1
Typical Floor Size
87,598 SF
Building FAR
0.26
Land Acres
7.70 AC
Zoning
B-2
Parking
221 Spaces (2.52 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
202-10-010A
Land Assessment
£47,409
Improvements Assessment
£6,983,088
Total Assessment
£7,030,497
  • Listing ID: 31989481

  • Date on Market: 01/06/2024

  • Last Updated:

  • Address: 450 W Adamsville Rd, Florence, AZ 85132

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