Former Nursing & Rehab Facility | Multi-Family Zoning | FOR SALE

4225 Lake Arthur Drive, Port Arthur, TX

IN CONTRACT

$850,000

Price

37,000 sqft

Building Size

2.95 acres

Tract B

Overview
Building Size
37,000 sqft
Tract B
2.95 acres
Zoning
Multi-Family
Description

Previously a 128-bed licensed nursing facility boasting over 37,000 SF (per JCAD) with incredible potential for the right investor. Situated on almost 3 acres of prime property and well positioned for redevelopment as an assisted living facility, school, climate controlled storage, training facility, skilled nursing facility or even multi-family units. Buyer should contact the City of Port Arthur to verify permitted uses and current zoning. This facility flooded during 2000 year flood event in 2017 and is partially gutted. Note: Utilities are off. Property was vandalized while vacant and stripped of copper. This rare opportunity is being offered AS-IS, WHERE-IS.

Multi-Family Zoning offers a multitude of opportunities for redevelopment with approximately 393' of frontage on Lake Arthur Drive

Port Arthur, Texas is on the Sabine-Neches River, and is 90 miles east of Houston. The Port Arthur economy is tied to the petrochemical industry and businesses that support that industry. Motiva has the largest oil refinery in the United States in Port Arthur. Other petrochemical plants in Port Arthur include Chevron Phillips, Total, and Valero.

Documents
Title
Investment Flyer
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Location
Gallery