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50 Beach Rd 63,551 SF Health Care Building Offered For Sale in Wolcott, CT 06716
Investment Highlights
- 54,505+/- square foot former skilled nursing facility situated on 23.95+/- acres
- Rare opportunity to acquire a substantial institutional building on a large parcel in New Haven County.
Executive Summary
ONLINE AUCTION
Tranzon is offering a 54,505+/- square foot former skilled nursing facility situated on 23.95+/- acres at 50 Beach Road in Wolcott, Connecticut. The property presents a rare opportunity to acquire a substantial institutional building on a large parcel in New Haven County.
Originally constructed in 1980 and operated as Wolcott View Manor, the facility was previously licensed for 129 beds across 76 rooms, including 23 private rooms and 53 semi-private rooms. Ownership completed approximately $500,000 in renovations in 2022, including work to the mechanical and water systems, replacement windows, new flooring and interior painting throughout. Building systems include a fire sprinkler system, emergency generator, elevator, resident call systems in patient rooms and bathrooms, a commercial kitchen with hood and fire suppression, and gas-fired HVAC in common areas with PTAC units in resident rooms. A second building on the site was formerly used as a daycare center.
This property may qualify for Connecticut Public Act 24-143, which took effect October 1, 2024 and allows for a streamlined process of converting nursing homes into multifamily housing subject only to summary review, meaning approval without a public hearing, variance, special permit or special exception, other than a determination that the site plan conforms to applicable zoning regulations and that public health and safety will not be substantially impacted. Prospective buyers should consult their own counsel regarding the applicability of Public Act 24-143 to this property and any conditions that may apply.
Wolcott sits between Waterbury and Bristol with regional access via Interstate 84 and Route 8. Waterbury Hospital is approximately 4.8 miles away. The site is in FEMA Flood Zone X, an area of minimal flood hazard, and is served by public water, sewer, gas and electric
Michael P. Riggins | CT RE Lic. # RES.0790383
Online Bidding Opens: October 1 at 12:00 PM ET
Online Bidding Closes: October 8 at 12:00 PM ET
Previews:
Tuesday, September 22 at 11 AM ET
Tuesday, September 29 at 11 AM ET
Tranzon is offering a 54,505+/- square foot former skilled nursing facility situated on 23.95+/- acres at 50 Beach Road in Wolcott, Connecticut. The property presents a rare opportunity to acquire a substantial institutional building on a large parcel in New Haven County.
Originally constructed in 1980 and operated as Wolcott View Manor, the facility was previously licensed for 129 beds across 76 rooms, including 23 private rooms and 53 semi-private rooms. Ownership completed approximately $500,000 in renovations in 2022, including work to the mechanical and water systems, replacement windows, new flooring and interior painting throughout. Building systems include a fire sprinkler system, emergency generator, elevator, resident call systems in patient rooms and bathrooms, a commercial kitchen with hood and fire suppression, and gas-fired HVAC in common areas with PTAC units in resident rooms. A second building on the site was formerly used as a daycare center.
This property may qualify for Connecticut Public Act 24-143, which took effect October 1, 2024 and allows for a streamlined process of converting nursing homes into multifamily housing subject only to summary review, meaning approval without a public hearing, variance, special permit or special exception, other than a determination that the site plan conforms to applicable zoning regulations and that public health and safety will not be substantially impacted. Prospective buyers should consult their own counsel regarding the applicability of Public Act 24-143 to this property and any conditions that may apply.
Wolcott sits between Waterbury and Bristol with regional access via Interstate 84 and Route 8. Waterbury Hospital is approximately 4.8 miles away. The site is in FEMA Flood Zone X, an area of minimal flood hazard, and is served by public water, sewer, gas and electric
Michael P. Riggins | CT RE Lic. # RES.0790383
Online Bidding Opens: October 1 at 12:00 PM ET
Online Bidding Closes: October 8 at 12:00 PM ET
Previews:
Tuesday, September 22 at 11 AM ET
Tuesday, September 29 at 11 AM ET
Property Facts
| Sale Type | Investment or Owner User | Building Size | 63,551 SF |
| Property Type | Health Care | No. Beds | 129 |
| Property Subtype | Skilled Nursing Facility | No. Stories | 1 |
| Building Class | B | Year Built | 1980 |
| Lot Size | 25.08 AC | ||
| Zoning | GC | ||
| Sale Type | Investment or Owner User |
| Property Type | Health Care |
| Property Subtype | Skilled Nursing Facility |
| Building Class | B |
| Lot Size | 25.08 AC |
| Building Size | 63,551 SF |
| No. Beds | 129 |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | GC |
Amenities
- Controlled Access
- Wheelchair Accessible
- Backup Power / Generators
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | WOLC-000113-000004-000005H | Improvements Assessment | $2,401,410 CAD |
| Land Assessment | $1,767,580 CAD | Total Assessment | $4,168,991 CAD |
Property Taxes
Parcel Number
WOLC-000113-000004-000005H
Land Assessment
$1,767,580 CAD
Improvements Assessment
$2,401,410 CAD
Total Assessment
$4,168,991 CAD
Contacts
-
Saralyn Alderfer -
Michael Riggins -
Sanford Alderfer Real Estate/Tranzon Alderfer
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50 Beach Rd
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