This ±34,855 SF facility situated on ±5.21 acres, originally constructed as a nursing home and later repurposed as a transitional housing and veteran services center. While currently non-operational, the property features 70 rooms configured for housing, office/conference spaces, and a large commercial kitchen (requiring upgrades). It offers redevelopment potential with an approved 30-unit tiny home expansion backed by $450,000 in secured grant funding ( Buyer to confirm conveyance) . An estimated $350,000 in additional improvements is needed to bring the facility to full operational capacity. Ideal for institutional buyers, 1031 exchanges, and public-private partnerships. For more information contact Nate Brink @ 704-433-9949.
Premier Real Estate Team
210 Oak Avenue
Kannapolis, NC 28081
704-796-3433