Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement

Attributes

Year Built 1963
Building Area
Land Area

Property Description

JLL Capital Markets is pleased to offer for sale the property formerly known as Colonial Nursing Center (“the Property”), located in the desirable South Shore community of Weymouth, Massachusetts. Prominently facing Broad Street, the former nursing home is marketed unlicensed and vacant, allowing investors an attractive conversion opportunity within the Boston MSA. Comprised of 93 Jack and Jill-style units with shared half baths, the 73,000-square foot building can be adapted to accommodate a myriad of healthcare uses.

Investment Highlights

The property includes a full complement of traditional healthcare common area amenities, including a commercial kitchen, dining room, activity areas, outdoor courtyard and walking paths, common space, as well as clinical and administrative offices. Additionally, the Property benefits from flexible R-4 zoning, conducive to a variety of attractive redevelopment options.

  • Location 15 miles south of downtown Boston, one mile south of Weymouth Landing, an historical, mixed-use community hub, and Weymouth Landing commuter rail station with direct access to Boston’s South Station
  • Affluent surrounding population with median household income within five miles of the Property ($82,238) surpassing the national median ($60,548) by more than 35%
  • High concentration of supporting medical uses with four hospitals and over 1,000 beds within five miles of the Property
Jason Skalko
Jason Skalko
Director, Capital Markets
Zachary Rigby
Zach Rigby
Director, Capital Markets

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.