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6 Medical/Retail Conversion Opps & Land 7 Properties in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Offer Deadline: December 11 by 5:00 p.m. (ET) | On-Site Inspections: Call to Schedule Appointments
  • Attractive repositioning/medical reuse potential, including urgent care, dental, imaging, outpatient surgery, veterinary, behavioral health or med spa
  • Properties can be acquired individually, in regional subsets, or as a portfolio, offering scalability & geographic diversification
  • Portfolio consisting of six newly constructed or fully renovated facilities & one development parcel in strategic areas across five states
  • ±7.05-acre land parcel in LaGrange, GA, is zoned CR-MX on a major thoroughfare, supporting mixed-use, commercial & multifamily development
  • Features include dual walk-in freezers (-40°F), upgraded infrastructure, life-safety systems, dedicated parking, full fit-outs & flexible zoning

EXECUTIVE SUMMARY

This seven-property portfolio, presented by Hilco Global, consists of newly constructed or fully renovated facilities, as well as a vacant development parcel. Offers are due on December 11, by 5:00 p.m. (ET). Strategically located across five states, Michigan, New York, North Carolina, Illinois, and Georgia, these properties represent a unique opportunity to acquire modern, medically oriented buildings suitable for a wide range of adaptive reuse applications.

The portfolio is being delivered vacant, providing investors with immediate flexibility to re-tenant, repurpose, or reposition the assets for continued medical use, healthcare-adjacent operations, or traditional retail and commercial redevelopment. The properties’ sizes, layouts, and infrastructure also make them attractive for urgent care centers, diagnostic facilities, community health clinics, or outpatient clinic conversions.

Collectively, the portfolio encompasses approximately 70,000 square feet of gross building area on parcels ranging from one to seven acres. Each facility was purpose-built or extensively renovated, featuring cold storage, enhanced power, plumbing, HVAC, and life-safety systems. The sites are all high-visibility, freestanding locations within established retail or medical corridors, surrounded by complementary commercial activity and strong local demographics.

22981 Hall Road, Woodhaven, MI, is a ±11,460-square-foot building on a ±1-acre lot. It was built in 2001 and renovated in 2023, and is zoned B-3 General Business. The building is suitable for retail or medical office use, offering dedicated surface parking for visitors. It is highly visible within a strong retail corridor and located near major roadways, including Interstate 85 and West Road, providing convenient freeway access.

5516 Winona Street NW, Winston-Salem, NC, is a ±11,196-square-foot building on a ±1.74-acre lot. Built in 2024, it is zoned HB Highway Business. The property is suitable for retail or medical office use and is currently fitted for plasma donation. Additionally, it is located just minutes from the Wake Forest campus.

12907 E Jefferson Avenue, Detroit, MI, is a ±10,895-square-foot building on a ±1.43-acre lot. Built in 2000 and renovated in 2024, it is zoned B-4 General Business District. The facility provides ample surface parking with three dedicated access points. Formerly a CVS retail site, it has been retrofitted for plasma donation, offering future tenant flexibility.

5510 N Belt West, Belleville, IL, is a ±8,952-square-foot building on a ±2.37-acre lot. Built in 2024, it is zoned C. The property benefits from access to transit and highways and is positioned in the St. Louis MSA near major employment centers. Nearby employers include sectors such as healthcare, education, manufacturing, retail and the U.S. military.

200/210 Main Street & 27 Lewis Street, Johnson City, NY, is a ±14,761-square-foot building on a ±0.85-acre lot. Built in 1986 and renovated in 2023, it is zoned GC to provide ample reuse potential. The property boasts plenty of surface parking, excellent visibility, and strong access to major roadways, including Interstates 81 and 86.

445–447 South Main Street, North Syracuse, NY, is a ±12,630-square-foot building on a ±1.18-acre lot. Built in 1954 and renovated in 2024, it is zoned C-2. The property features dedicated surface parking and four site access points. It is bordered by two major thoroughfares and offers easy access to Interstates 81, 481 and 90.

311 Commerce Avenue, LaGrange, GA, is a ±7.05-acre vacant development site zoned CR-MX. The property offers strong visibility with frontage on a major retail thoroughfare and is proximate to multiple national tenants. CR-MX zoning supports mixed-use, commercial, and potential multifamily development, providing flexibility for a variety of future development strategies.

In these markets, healthcare and social assistance consistently rank among the top three industries, underscoring steady demand for modern medical and service-related real estate across the country. Each location benefits from favorable demographics, with growing populations of working-age residents and healthcare-dependent households that reinforce long-term demand for outpatient and wellness services. Markets such as Syracuse, New York, and Winston-Salem, North Carolina, boast thriving regional healthcare systems anchored by major hospitals and universities, while areas like Detroit, Michigan, and Belleville, Illinois (just east of St. Louis) draw from strong institutional and research-driven employment bases.

These properties are being sold individually or in any combination. Offers must be received on or before the deadline of December 11, 2025, at 5:00 p.m. (ET) and must be submitted on the Letter of Intent (LOI). Enquire now to learn more.

SALE FLYER

PROPERTY FACTS

Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Building Size 69,557 SF
Total Land Area 15.61 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
311 Commerce Ave, Lagrange, GA 30241 Land 7.05 AC - -
5510 N Belt W, Belleville, IL 62226 Office 8,952 SF 2024 -
CVS Store 8277
12907 E Jefferson Ave, Detroit, MI 48215
Retail 10,895 SF 2000 -
22981 Hall Rd, Woodhaven, MI 48183 Retail 11,450 SF 2001 -
5516 Winona St, Winston-Salem, NC 27106 Office 11,196 SF 2024 -
200-210 Main St, Johnson City, NY 13790 Retail 14,726 SF 1986 -
445-447 S Main St, North Syracuse, NY 13212 Retail 12,338 SF 1954 -
Show More > < Show Less

SALE ADVISORS

SALE ADVISORS

Stephen Madura, Senior Vice President
Steve brings extensive real estate marketing and transactional experience to Hilco Real Estate, having participated in the sale of over $500 million worth of properties across nearly every asset class during the course of his career. Steve oversees operations, marketing and execution of the asset sales team. His responsibilities include project management, deal structuring, detailed property valuation, market analysis and business development.

Steve has worked with individuals, investors, developers, financial institutions, REIT’s, hedge funds, private equity funds, homebuilders, the hospitality and golf industry, healthcare providers, business owners and corporate America as a real estate consultant and strategic advisor. Asset types have included multifamily, office, industrial, retail, hospitality, golf courses, development land and special use properties on behalf of high profile clients such as GE, Hostess, BMO Harris, Logan’s Roadhouse, Furniture Brands, First Midwest Bank, New Orleans Redevelopment Authority, ING/Clarion, Royal Bank of Canada, Banco Popular, National Retail Properties and the State of Illinois.

Steve is also active in the bankruptcy and restructuring space, representing debtors, secured creditors and trustees in both Chapter 11 and 7 proceedings throughout the United States. Notably, he was a key participant in the strategic sale of 140 properties across 34 states as part of the Hostess bankruptcy.

Prior to joining Hilco Real Estate, Steve held a senior project management position with Sheldon Good & Company structuring and executing accelerated marketing programs utilizing a variety of disposition methods. While at Sheldon Good, he was not only instrumental in the execution of many of the company’s largest auctions, but also in implementing technological changes to effectively streamline every stage of the sales process.

Steve holds a Bachelor of Arts degree from Brigham Young University. He is a licensed Real Estate Broker and Auctioneer in the State of Illinois. Steve contributes his time to many local organizations including the Boy Scouts of America, Feed My Starving Children and The First Tee of Aurora.
Michael Kneifel, Senior Associate
Michael Joined Hilco Real Estate’s asset sales marketing team in 2021 and is responsible for creating a variety of highly effective marketing campaigns, including property listings and company insights that help facilitate a growing social media presence, amongst other brand-building projects. He also assists in the processing of lead inquiries and manages third-party vendors and company distribution lists, in addition to coordinating communication between marketing, deal leads, brokers, and valued seller clients.

Michael holds a Bachelor’s Degree in Marketing & Communication Studies from University of San Diego.
  • Listing ID: 38256531

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 6 Medical/Retail Conversion Opps & Land, Detroit, MI

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