1001 Wallace Blvd 103,603 SF Health Care Building Offered at $4,090,980 CAD in Amarillo, TX 79106

1001 Wallace is a vacant Class B former healthcare facility previously providing long term care and rehab. This is a non-licensed, non-operating facility.
Consists of the 102,953 sq. ft. ground floor plus a large basement, housing the mechanical equipment. The basement is not included in the square footage. There is also a 650 sf garage used for storage. While most of the facility is in good working order, there are portions that require improvements and servicing.
There are a total of 110 rooms: 91 singles, 18 doubles, and 1 triple. In addition, there are several administration offices, meeting rooms, a laundry facility, commercial kitchen with vent hoods and walk-in's, cafeteria, and a small chapel.
The building has an overhead fire suppression system and (2) 200 ton chillers installed in 2025.
Property is deed restricted to allow for the following uses: "hospitals and related purposes to include hospital, medical, educational research, long and short-term health care facilities, and all matters, activities, and services properly, necessarily, and reasonably incidental and related thereto". Proposed facility use outside of these parameters will be reviewed and voted on by the Harrington Regional Medical Center Advisory Board.