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625 N Jackson Ave - Springfield Medical Center

64,000 SF Health Care Building Offered For Sale in Springfield, MN 56087

Investment Highlights

  • State of the Art Facility
  • Shared facility with Allina Health - Springfield Clinic
  • Fully Furnished Option Available

Executive Summary

The Springfield Medical Center (Hospital, Emergency Departments, and Clinical Services) in Springfield, MN was closed by Mayo Clinic Health System in March 2020. The City obtained the facility fully furnished as part of our lease separation agreement with them. The City has since partnered with Allina Health to resume clinical services and subsequently additional non-profits. The City has roughly 40,000 sqft of space that is currently available. Pricing is negotiable in regards to cost sharing of the utilities and ongoing facility maintenance or sale of the building. These cost breakdowns are outlined in our attached brochure.
We are open to all ideas to utilize the space and below are links to the virtual 360 tour of the facility:
Upper Level Virtual Tour
https://my.matterport.com/show/?m=DLE9Nb3f7Ev
Lower Level Virtual Tour
https://my.matterport.com/show/?m=J6GKRR8RJDn
The Springfield Community is a welcoming & business friendly environment. Ultimately it is a great place to raise a family as well as grow or start a business!

Financial Summary (Actual - 2020)

Annual Annual Per SF
Taxes - -
Operating Expenses - -
Total Expenses £181,726 £2.84

Financial Summary (Actual - 2020)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £181,726
Annual Per SF £2.84

Property Facts

Sale Type Investment or Owner User
Sale Conditions Tenants option to buy property
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Rehabilitation Centre
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 6.25 AC
Building Size 64,000 SF
No. Beds 25
Number of Floors 2
Year Built/Renovated 1958/2010

Amenities

  • Wheelchair Accessible
  • Smoke Detector
  • On-Site Security Staff

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00318700101010
Land Assessment
£80,445 (2023)
Improvements Assessment
£3,658,951 (2023)
Total Assessment
£3,739,396 (2023)

zoning

Zoning Code Mixed Use (Residential/ Commercial)
Mixed Use (Residential/ Commercial)
  • Listing ID: 21332787

  • Date on Market: 26/10/2020

  • Last Updated:

  • Address: 625 N Jackson Ave, Springfield, MN 56087

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