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±76,500 SF Former Assisted Living Facility
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Auction #
528 -
Interior Space:
± 76,500 SF -
Lot Size:
±2.85 acres -
Transaction Fee:
5%
±76,500 SF Former Assisted Living Facility
Medical Property For Sale in Caledonia, MN
425 N. Badger Street, Caledonia, MN 55921FRE Auctions and Mark Myers Realty is pleased to present the Online Auction Plus Event (allows for contingencies) for the ±76,500 SF Specialized Care Facility at $13 PSF well below replacement cost in Medical Alley Minnesota.
This ±76,500 SF former highly-regulated Skilled Nursing Facility (SNF) and Assisted Living Facility (ALF) provides significant competitive advantages through its built-in infrastructure minimizing the costly pre-operational improvements required for re-entry into the healthcare market. The property is strategically positioned in Houston County and is ideally suited to be repurposed to support the full spectrum of healthcare, residential, or behavioral service needs for the region.
Property Information:
Optimal Infrastructure: Gross ±76,500 SF (includes ±23,876 SF basement for utilities and storage) massive facility with ground floor ±52,600 SF highly adaptable layout for any healthcare concept, including rehabilitation, in-patient, or specialty clinics.
Operational Footprint: Site has historically operated as a licensed care facility with amenities, positioned to support specialized operations to meet the needs for care and rehab.
Former Skilled Nursing Facility: Features 50 beds arranged in private individual and semi-private suites with shared bathroom layouts. The suites were renovated in 2013. Building upon structure -additions were completed between 1960 and 1987.
Former Assisted Living Facility: Features 16 dedicated units with 18 beds, comprising 1- and 2-bedroom apartments, an addition completed in 1987.
Area Amenities: Location benefits from access to local recreation steps away from the facility: a park and a swimming pool complex.
Community Support: Caledonia is actively engaged in economic development through initiatives like the Rural Entrepreneurial Venture (REV) program under the "Caledonia Forward" banner, which is focused on crucial support, resources, and connections for the redevelopment and re-operation phase for community improvement, housing, and supporting complementary industries. Planning Department Information: (507) 725-3450 or cityhall@caledoniamn.gov
Location Information:
Caledonia, the county seat of Houston County, is a community of approximately ±2,800 residents with median household income of ±$77,087. Strategically positioned in Minnesota's scenic bluff country, the local economy is uniquely resilient and largely driven by the Health Care & Social Assistance sector. Projections indicate a sustained need for rehab and specialized care with living capacity, making Caledonia a foundational environment for healthcare real estate investment.
NOTE: Images were taken from Google maps and may not reflect the current view and/or property topography. Some photographs included in this listing may depict the property during its prior use as an Assisted Living Facility. These images are provided solely for historical context and to illustrate the property's potential layout and functionality during previous operations.
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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 AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
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.
Broker of Record for this property: Mark Myers Realty
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.
Conditions may be included with your bid
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ADD PROPERTY TO FAVORITES
Conditions may be included with your bid
Caledonia, MN 55921
Conditions may be included with your bid
-
Houston County
Caledonia, MN -
Property Type: Commercial Property
-
Interior Space: ± 76,500 SF
-
Lot Size: ±2.85 acres
-
Transaction Fee: 5%
FRE Auctions and Mark Myers Realty is pleased to present the Online Auction Plus Event (allows for contingencies) for the ±76,500 SF Specialized Care Facility at $13 PSF well below replacement cost in Medical Alley Minnesota.
This ±76,500 SF former highly-regulated Skilled Nursing Facility (SNF) and Assisted Living Facility (ALF) provides significant competitive advantages through its built-in infrastructure minimizing the costly pre-operational improvements required for re-entry into the healthcare market. The property is strategically positioned in Houston County and is ideally suited to be repurposed to support the full spectrum of healthcare, residential, or behavioral service needs for the region.
Property Information:
Optimal Infrastructure: Gross ±76,500 SF (includes ±23,876 SF basement for utilities and storage) massive facility with ground floor ±52,600 SF highly adaptable layout for any healthcare concept, including rehabilitation, in-patient, or specialty clinics.
Operational Footprint: Site has historically operated as a licensed care facility with amenities, positioned to support specialized operations to meet the needs for care and rehab.
Former Skilled Nursing Facility: Features 50 beds arranged in private individual and semi-private suites with shared bathroom layouts. The suites were renovated in 2013. Building upon structure -additions were completed between 1960 and 1987.
Former Assisted Living Facility: Features 16 dedicated units with 18 beds, comprising 1- and 2-bedroom apartments, an addition completed in 1987.
Area Amenities: Location benefits from access to local recreation steps away from the facility: a park and a swimming pool complex.
Community Support: Caledonia is actively engaged in economic development through initiatives like the Rural Entrepreneurial Venture (REV) program under the "Caledonia Forward" banner, which is focused on crucial support, resources, and connections for the redevelopment and re-operation phase for community improvement, housing, and supporting complementary industries. Planning Department Information: (507) 725-3450 or cityhall@caledoniamn.gov
Location Information:
Caledonia, the county seat of Houston County, is a community of approximately ±2,800 residents with median household income of ±$77,087. Strategically positioned in Minnesota's scenic bluff country, the local economy is uniquely resilient and largely driven by the Health Care & Social Assistance sector. Projections indicate a sustained need for rehab and specialized care with living capacity, making Caledonia a foundational environment for healthcare real estate investment.
NOTE: Images were taken from Google maps and may not reflect the current view and/or property topography. Some photographs included in this listing may depict the property during its prior use as an Assisted Living Facility. These images are provided solely for historical context and to illustrate the property's potential layout and functionality during previous operations.
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
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
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.
Broker of Record for this property: Mark Myers Realty
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.