400 W Old Hwy 290

This facility is perfect for assisted living, memory care, wellness center, rehab, medical, office, or convert to a boutique motel or private school or church campus. Many options, gorgeous facility! 16,006 SF. 17 Patient Rooms (beds), 22 bathrooms (4 have showers), large dining room, commercial kitchen, large fitness room, plus many meeting rooms, waiting rooms, offices, exam rooms, and courtyards. Sits on beautiful acreage with deer and wildlife right in the heart of booming Dripping Springs, on the outskirts of Austin. The lease includes approximately 4 acres of land directly around the buildings, but not the full 22.7 acres of the tract. Additional renewal periods are okay. Seller would also consider selling the entire property including the facility, house, barn, and 22.7 acres with approximately 2700' of frontage directly across from the DS High School in very central Dripping Springs for $14,500,000. The new connection of Roger Hanks Parkway from W 290 to RR 12 makes the extensive frontage of this tract extremely attractive for development. Owner/Broker. Contact David Foster for showings at 512-751-1100.