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33889799
33843165

2901 County Road 2347, Tyler, TX 75708

Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate
$425,000
7 days on market
Updated 6 days ago

Former College Dormitory on 3.42 Acres

Details
Property Type Land, Special Purpose
Sub Type Commercial, School
Square Footage 29,982
Net Rentable (SqFt) 29,982
Tenancy Multi
Year Built 1970
Stories 1
Acreage 3.420
Zoning C-2 (General Commercial District)
Investment Type Redevelopment

2901 CR 2347, Tyler, TX 75708

Marketing description

Strategically positioned on the east side of Tyler at Loop 323 and East Front Street, this 3.42-acre property is ideal for redevelopment for a variety of uses.

This one-story building, uniquely designed in a star shape with six wings, was built in 1970 and was initially a nursing home before being converted to housing for 140 college students. All utilities are available onsite, and the sewage system was upgraded by the college in the 2010s.

This property offers a prime location in a stable market. However repurposed or redeveloped, it provides a versatile space with strong infrastructure in place. Unique opportunity 29,982 SF building on 3.42 acres with a one-of-a-kind star-shaped design featuring six wings. Originally constructed in 1970 as a nursing home, the property was later converted to student housing, accommodating 140 residents. Strategically located near Loop 323 and HWY 31 with strong daily traffic counts, this versatile property is well-suited for redevelopment.

Investment highlights

  • Unique 3.42-acre property on east side of Tyler
  • Strategic position just off of Loop 323 with daily traffic count of 27,411
  • Former nursing home and college dormitory with utilities and infrastructure in place
  • Currently zoned commercial for a variety of uses

Listing Contacts

Scarborough Commercial Real Estate
Listed by Scarborough Commercial Real Estate

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