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Executive Summary

Outstanding commercial opportunity at 329 School Dr. This extensively renovated former nursing home is being transformed into a versatile business center, with excellent potential for office, professional, hospitality, training, or mixed-use commercial operations. The property offers a welcoming lobby, professional kitchen, conference room, open workspaces, and approximately 36 separate rooms, creating exceptional flexibility for an owner-user, investor, or entrepreneur with vision. Renovations are approximately 90% complete, and the property is nearing readiness for certificate of occupancy. Owner financing is available with a minimum $300,000 down payment, making this a rare chance to acquire a large, income-producing or business-ready property with flexible terms.

Property Facts

Price $1,360,265 CAD
Price Per Bed $1,360,265 CAD
Sale Type Investment or Owner User
Sale Conditions
Lease Option
  • Redevelopment Project
Property Type Health Care
Property Subtype Skilled Nursing Facility
Building Class C
Lot Size 3.30 AC
Building Size 13,043 SF
No. Beds 1
No. Stories 1
Year Built/Renovated 1961/2026
Opportunity Zone Yes
Zoning R - Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
R31618
Land Assessment
$147,682 CAD
Improvements Assessment
$225,566 CAD
Total Assessment
$373,249 CAD
  • Listing ID: 40235624

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 329 School Dr, Poteet, TX 78065

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