Listed by Coldwell Banker Commercial Fisher Group
$575,000
Former Mayo Clinic Health System - Montgomery
Details
Property Type Special Purpose
Sub Type Other
Square Footage 5,750
Year Built 2009
Lot Size (SqFt) 17,412
Special Purpose | 5,750 SqFt
Marketing description
Regional Micro-Hub in Montgomery, MN serving the area between New Prague and Mankato with a primary service radius of about 10–15 miles, physically attached to Traditions memory care via a Reciprocal Easement Agreement and surrounded by older demographic populations favorable for medical use.
Turnkey 5,750 SF medical/clinic building constructed circa 2009 in Montgomery, MN. Modern construction with none of the environmental or mechanical legacy issues of older vintage properties — move-in ready with an efficient clinical flow, HIPAA-compliant walls to deck, LED lighting, a fire suppression system, and recently upgraded HVAC. The building is physically attached to the Traditions memory care facility under a Reciprocal Easement Agreement (utilities separated; only professional services billed as CAM), creating a built-in referral opportunity for senior-care providers. Commercial zoning permits medical use by right, and total acquisition cost sits well below the $350+/SF cost of new construction.
Investment highlights
- Modern 2009 Construction — Turn Key
- Fire Suppression Sprinkler System
- Attached to Traditions Memory Care (REA)
- Medical Use Permitted By Right
- Updated HVAC and Parking Lot
Listing Contacts
Listed by Coldwell Banker Commercial Fisher Group
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