515 Hospital RdAjo, AZ 85321

  • Hospitality properties
  • 28,779 SF
For Sale
$200,000 View listing

Property Details for 515 Hospital Rd

Year built
1930
Lot size
4.02 AC
Property size (Sq ft)
28,779 SF
Property type
Hospitality properties
Property subtype
Other hospitality properties

Description

This exceptional redevelopment opportunity presents a 28,779 square foot, two-story former hospital building situated on a generous 4.02-acre lot in Ajo, Arizona. Built in 1930, this 99-key property offers significant potential for adaptive reuse. The existing floor plan lends itself to conversion into a hotel, behavioral health facility, senior living community, multi-family apartments, or self-storage units. Priced at $200,000 ($6.95/sq ft), this represents a significant value proposition well below any comparable replacement cost. The property is strategically located on busy Route 85, offering convenient access between Phoenix (112 miles) and Rocky Point. The seller is motivated, and all offers will be considered. This unique property presents a rare chance to capitalize on a prime location and substantial building size in a growing area. The property's history and substantial size offer a unique opportunity for a creative developer. The ample land provides flexibility for future expansion or development. This is an exceptional opportunity for investors seeking a high-return project with significant upside potential.

515 Hospital Rd, Ajo, Arizona

Location Insight

City
Ajo
County
Pima
State
Arizona
Latitude
32.3684
Longitude
-112.864

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