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20751576
20751572

8579 State Hwy 31 W, Athens, TX 75751

SV
TX TX 0748726
KW Commercial
Listed by KW Commercial
$2,800,000
1645 days on market
Updated 9 days ago

59 ± Patient Room Facility | Athens, TX

Details
Property Type Senior Living, Special Purpose
Sub Type Behavioral health, Veteran housing (+1)
Square Footage 27,176
Net Rentable (SqFt) 27,176
Units 59
Price per SqFt $103
Broker Co-Op Yes
Class B
Year Built 1987
Year Renovated 2021
Buildings 2
Stories 1
Acreage 23.000
Zoning Not Zoned
Investment Type Owner/User

59 Room Facility with Expansion Possibility - No Zoning Restrictions. 23± Acres

Marketing description

Exceptional opportunity to acquire a purpose-built healthcare and residential care campus situated on approximately 23± acres along State Highway 31 W in Athens, Texas. Formerly operated as a skilled nursing facility and later repositioned toward assisted living and memory care use, the property offers over 27,000 square feet of existing improvements designed to support a variety of healthcare, residential, institutional, or adaptive reuse opportunities.

The facility features approximately 59 resident rooms with a combination of private toilet rooms, shared Jack-and-Jill style full bathrooms, secured and semi-private hall configurations, multiple dining areas, activity and lounge spaces, administrative offices, laundry facilities, courtyards, and an existing commercial kitchen. A dedicated spa area with multiple shower stalls further supports healthcare-oriented operations.

Positioned outside the city limits with no known zoning restrictions, the property provides flexibility for numerous potential uses including assisted living, memory care, behavioral health, rehabilitation services, transitional housing, veteran housing, educational or religious retreat facilities, specialty medical operations, or redevelopment opportunities.

The campus benefits from substantial highway frontage and visibility along State Highway 31, providing convenient regional access while maintaining a peaceful East Texas setting approximately one hour from the Dallas–Fort Worth Metroplex. The large acreage allows room for future expansion, additional improvements, recreational amenities, or phased development.

Athens and the surrounding East Texas region continue to experience steady population growth, retirement migration, and expanding development activity, all of which are contributing to increased demand for healthcare, senior housing, behavioral health, and supportive residential services. These market trends position the property as a compelling opportunity for operators, developers, and value-add investors seeking an established institutional asset with significant long-term upside potential.

Buyer to independently verify all measurements, licensing requirements, zoning, permitting, and operational suitability.

Contact me today at Stacy.Villanueva@kw.com to schedule a tour of the facility.

Investment highlights

59± Room Healthcare Facility situated on approximately 23± acres

Over 27,000 SF of existing improvements with infrastructure already in place for healthcare or residential care operations

Previously operated as a Skilled Nursing Facility and later converted toward Assisted Living & Memory Care use

Located outside city limits with no known zoning restrictions, providing flexibility for a variety of commercial, healthcare, residential, hospitality, educational, or redevelopment uses

Approximately 1,000+ feet of frontage along State Highway 31 providing strong visibility and access

Positioned within a growing East Texas corridor approximately one hour from Dallas–Fort Worth

Athens is recognized as a Certified Texas Retirement Community, supporting long-term demand for senior housing and healthcare services

Convenient access to:

  • UT Health Athens
  • Christus Trinity Clinic
  • Loop 7 and regional East Texas transportation corridors

Existing commercial kitchen, dining facilities, activity areas, offices, laundry facilities, courtyards, and medical-support layout reduce redevelopment costs

Multiple hall configurations support:

  • Assisted Living
  • Memory Care
  • Behavioral Health
  • Rehabilitation Facility
  • Transitional Housing
  • Veteran Housing
  • Group Residential
  • Specialty Medical Uses

Existing layout includes:

  • Shared and private bath configurations
  • Secured memory care areas
  • Multiple common-use spaces
  • Courtyard access
  • Reception and nurses stations

Large acreage provides potential for:

  • Expansion
  • Additional structures
  • RV or workforce housing components
  • Recreational amenities
  • Future phased development

On-site utilities and sewer infrastructure already in place

Roof replaced in June 2022

Increasing regional demand driven by:

  • Population growth
  • Aging demographics
  • East Texas healthcare expansion
  • DFW migration trends

Listing Contacts

SV
TX TX 0748726
KW Commercial
Listed by KW Commercial

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Additional Information

Name
Stacy Villanueva
License
TX 0748726
Brokerage Address
18333 Preston Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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