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Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Hospital Hill Add Ph 1 Sec 1
MLS Listing ID 21027103
Sold Date 12/27/25
Total Fin. Sqft 8870
Year Built 1995
Annual Tax Amount $27,196
Lot Size 3.000 Acres
Acres 3.0
Property Sub-Type Business
Property Description
AMAZING OPPORTUNITY TO RE LICENSE AND OPERATE A 16 BED SMALL ALF - B MEMORY CARE FACILITY. THIS HAS ALL THE HIGH END AMENITIES NEEDED TO GET THE HIGHER BED RENTS! SALON INSIDE OF FACILITY. ALL RESIDENT ROOMS HAVE PRIVATE ENSUITE BATH. ENORMOUS LIVING AREAS WITH FLOOR TO CEILING STONE FIREPLACE, COMMERCIAL KITCHEN, HUGE LAUNDRY AREA AND ALL OF THIS NESTLED ON 3 ACRES OF SECLUDED LAND IN AN AREA WITH THE REBA MACENTIRE CENTER FOR REHABILITATION AND OTHER FACILITES. THIS FACILITY HAS BEEN THOROUGHLY RENOVATED TO MEET ADA COMPLIANCE, FEATURING ADA BATHROOMS AND ACCESSIBLE LIVING AREAS. NO EXPENSE WAS SPARED ON THE REMODELING OF THIS FACILITY. DONT MISS OUT ON THIS ONCE IN A LIFETIME OPPORTUNITY, COME AND LICENSE YOUR FACILITY!
Location
State TX
County Grayson
Zoning LR - LOCAL RETAIL
Direction SEE GPS!
Interior
Heating Central, Electric, Fireplace(s), Wall Furnace, Zoned
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Wall Unit(s), Zoned
Flooring Luxury Vinyl Plank
Heat Source Central, Electric, Fireplace(s), Wall Furnace, Zoned
Exterior
Utilities Available Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Phone Available, Underground Utilities
Roof Type Composition
Accessibility Accessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Grip, Accessible Hallway(s), Accessible Kitchen, Customized Wheelchair Accessible, Meets ADA Requirements
Garage No
Building
Foundation Slab
Structure Type Siding
Others
Senior Community 1
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Private Financing Available, Other
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Private Financing Available, Other
Financing Conventional
Special Listing Condition Survey Available
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©2026 North Texas Real Estate Information Systems.
Bought with Beshoy Iskander • Compass RE Texas, LLC
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