The former Glades General Hospital is looking for a reinvention in today’s real estate market, something local business leaders hope will bring jobs and a jump in the tax base to the rural community of Belle Glade.
Listed last month as for sale or lease, the mammoth facility is being marketed as a possible new site for an assisted living facility, nursing school, addiction rehabilitation center or hotel.
The 92,095 square-foot hospital has a $7 million sale price and an annual leasing price of $5 per square-foot. The Palm Beach County Health Care District sold the 14-acre property at 1201 S. Main St. in 2010 for $250,000.
Glades General Hospital was closed in the fall of 2009 when the new Lakeside Medical Center opened for business.
When the hospital was first purchased by the Miami development firm of Castello Brothers, it was thought the property would be used for migrant housing. The Castello Brothers had previously done another project in the Glades, called Belle Glade Gardens. But that never materialized and the property now sits vacant.
Brenda Bunting, executive director of the Belle Glade Chamber of Commerce, said city officials are interested in the prospect of an assisted living facility or nursing school moving into the hospital property. Although landscapers maintain the grounds, she said the building is suffering some from neglect and age.
“We are excited at the thoughts that this facility might be sold and refurbished and then back on the tax rolls as a viable site,” Bunting said. “We’re keeping our fingers crossed and hope it’s a good sale and something good for the community.”
The Palm Beach County Property Appraiser said the property had a total 2012 market value of $4.8 million.
Keyes Company Realtors Angel Alvarez and David Joseph are the listing agents. Alvarez said they have received several calls from interested buyers.
“Our goal is to have someone occupying the property and creating jobs,” Alvarez said.
The hospital was a 74-bed acute care hospital. It has several buildings, including the main complex, which was built in 1964. An emergency room area was built in 1983 with an operating room update completed in 2000.