Former Sacred Heart Hospital Building in Norristown Sells for $22.5 Million
The Sacred Heart Hospital building in Norristown has sold to an undisclosed, out-of-state purchaser for $22.5 million. Ryan Mulligan reported the purchase in the Philadelphia Business Journal.
The five-story structure’s current tenants work for the Montgomery County Department of Health and Human Services. The owner was King of Prussia’s Silverang Development Co., which obtained ownership of it it from the county in 2013.
Sacred Heart Hospital was, from 1936–1994, an active healthcare provider. It housed 250 beds and 850 employees before hitting hard times and being forced into bankruptcy.
The county acquired the site in bankruptcy court and is now passing the deed to another owner.
More on the sale of Norristown’s Sacred Heart Hospital is in the Philadelphia Business Journal.
Citing Norristown’s past in conjunction with the sale of Sacred Heart Hospital
stirs memories of brings other borough landmarks that have changed significantly over time.
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