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Auction #483-1

±63,000 SF Medical Facility (Formerly 50-Bed Hospital)

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  • Auction #
    483-1
  • Interior Space:
    ± 63,074 SF
  • Lot Size:
    ±10.08 acres
  • Transaction Fee:
    5%
  • Broker
    Co-op:
    1.25%

±63,000 SF Medical Facility (Formerly 50-Bed Hospital)

Medical Property For Sale in Stuart, VA

18688 Jeb Stuart Hwy , Stuart, VA 24171

FRE Auctions â€” in association with Coldwell Banker Traditions â€” is pleased to present the online auction event for this ±63,000 SF Medical Facility on ±10 Acres in Stuart, VA.

Located immediately on Jeb Stuart Hwy 58, the main transportation corridor in the region, this ±10-acre parcel contains the ±63,000 SF Vacant Medical Center with excellent highway frontage. Formerly a 50-bed regional hospital serving the local community for 20+ years, this offering has the ability to serve a variety of medical enterprises in-demand with the beautiful Patrick County.  

Property Highlights:

  • 10.08 Acre parcel with a 63,074 SF two-story brick and block building improvement.
  • Formerly a 50-bed regional hospital, consisting of an emergency room, exam & trauma rooms, radiology, clinic/medical offices, and operating rooms. 
  • Large parking lot with 75 vehicle spots and ambulance access. 
  • Property has been vacant since 2017 with minor miscellaneous FF&E still in the facility.  
  • Fully equipped with fire sprinkler system. 
  • Property Taxes: $32,776.91
  • Closest hospital ~30 minutes from Stuart, VA.
  • Within a mile of major retail brands on same transportation corridor: Walmart, Arby's, Tractor Supply Co.  

Downloadable Documents

Property Information

Auction Information

Purchase and Sale

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement

Financing

There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

BID DEADLINE:   Oct 03 5:00 pm EDT
Minimum Bid: US $599,000
Suggested Value:US $3,600,000
Required bid deposit: US $500
Kurt Milch Auction Specialist The Future of Real Estate (FRE) (949) 706-6112 kmilch@fre.com
Corrie Brashars Auction Specialist The Future of Real Estate (FRE) (949) 706-6118 cbrashars@fre.com
John Wilson Property Representative Coldwell Banker Traditions jwilson@cbwilliamsburg.com
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Bid Deadline: Oct 03 5:00 pm EDT
±63,000 SF Medical Facility (Formerly 50-Bed Hospital)
Medical Property For Sale in Stuart, VA
18688 Jeb Stuart Hwy
Stuart, VA 24171
Auction # 483-1
Bid Deadline: Oct 03 5:00 pm EDT
Minimum Bid
US $599,000
Suggested Value
US $3,600,000
Required bid deposit
US $500
Property Details
  • Patrick County
    Stuart, VA
  • Property Type: Commercial Property
  • Interior Space: ± 63,074 SF
  • Lot Size: ±10.08 acres
  • Transaction Fee: 5%
  • Broker Co-op: 1.25%

FRE Auctions â€” in association with Coldwell Banker Traditions â€” is pleased to present the online auction event for this ±63,000 SF Medical Facility on ±10 Acres in Stuart, VA.

Located immediately on Jeb Stuart Hwy 58, the main transportation corridor in the region, this ±10-acre parcel contains the ±63,000 SF Vacant Medical Center with excellent highway frontage. Formerly a 50-bed regional hospital serving the local community for 20+ years, this offering has the ability to serve a variety of medical enterprises in-demand with the beautiful Patrick County.  

Property Highlights:

  • 10.08 Acre parcel with a 63,074 SF two-story brick and block building improvement.
  • Formerly a 50-bed regional hospital, consisting of an emergency room, exam & trauma rooms, radiology, clinic/medical offices, and operating rooms. 
  • Large parking lot with 75 vehicle spots and ambulance access. 
  • Property has been vacant since 2017 with minor miscellaneous FF&E still in the facility.  
  • Fully equipped with fire sprinkler system. 
  • Property Taxes: $32,776.91
  • Closest hospital ~30 minutes from Stuart, VA.
  • Within a mile of major retail brands on same transportation corridor: Walmart, Arby's, Tractor Supply Co.  

Downloadable Documents
Purchase and Sale
Property Viewing

Property Viewing

If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

Start Temporary Access Agreement
Financing

Financing

There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Contact Us
Kurt Milch Auction Specialist The Future of Real Estate (FRE) (949) 706-6112 E: kmilch@fre.com
Corrie Brashars Auction Specialist The Future of Real Estate (FRE) (949) 706-6118 E: cbrashars@fre.com
John Wilson Property Representative Coldwell Banker Traditions E: jwilson@cbwilliamsburg.com

All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

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