706-474-2835
1077 S Main St, Madison, GA for Sale
Assisted Livings - FOR SALE
1/11
null | Request Cap Rate

1077 S Main St
Madison, GA 30650


HIGHLIGHTS

  • ±37,270 total sq. ft. for sale
  • ±33,600 sq. ft. main building
  • ±3,670 sq. ft. detatched modular office/storage
  • 27 patient rooms, office/admin areas, OR/ER areas and mechanical space
  • Convenient to I-20, Hwy 278, Hwy 441 and the Madison Downtown District
  • Ample room for expansion

OVERVIEW

PROPERTY OVERVIEW: The former Morgan Medical Center site offers a total of ±37,270 sq. ft., presenting an excellent opportunity for redevelopment. Originally constructed in 1960, the main healthcare facility is a ±33,600 sq. ft. single story building. The building was renovated in 1997 and contains 27 patient rooms (a mix of private and semi-private), office/admin areas and procedural spaces such as operating rooms, emergency room, and mechanical. In addition to the main building, the property also has a ±1,630 sq. ft. storage building, two separate modular offices (±3,060 sq. ft.) and a ±1,050 sq. ft. garage. LOCATION: Situated on ±4.58 acres in beautiful Madison, GA, this property is well positioned near multiple state highways and has easy access to I-20, Exit 113 and 114. The site provides ample room for expansion, green space, outdoor activities or additional parking. ZONING: The property is currently zoned P-1 with a Conditional Use Permit approved for medical related use. POTENTIAL USE: The site would be suitable for a variety of P-1 permitted uses, per the City of Madison permitted use tables. Potential redevelopment of the property could include: • Private Offices • Medical/Professional Office • Educational facilities such as a vocational/trade school • Assisted Living • Senior Living facility • Accessory apartments • VA support • Rehabilitation • Mental Health • Behavioral Health • Transitional Housing

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1077 S. Main Street

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

ADD'L SUBTYPES

Continuing Care Retirement Com, Hospital, Rehabilitation Center

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.58 AC

LAND SF

199,505 SF

ZONING

P-1

APN/PARCEL ID

M22 001

ASK ABOUT THIS PROPERTY

Gene BaldwinIPG PropertiesMore Info
706-474-2835

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Gene BaldwinIPG PropertiesMore Info
706-474-2835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.