Versatile Institutional Facility in the Memphis MSA – Ideal for Rehab, Education, Worship, or Workforce Housing! This is a rare opportunity to acquire a flexible institutional-use facility located within the Memphis Metropolitan Statistical Area (MSA), offering strong regional connectivity and the benefits of Tennessee’s pro-business environment. The property has most recently operated as a faith-based drug and alcohol rehabilitation center and has a successful track record of nearly fifteen years of continuous service. The site features two distinct buildings with substantial infrastructure in place. The primary structure, originally constructed in 1969 as a school, spans approximately 13,951 square feet of finished space. It has been adapted for residential and programmatic use, offering twelve guest rooms capable of housing up to three individuals each, along one wing of the building. The opposite wing contains a commercial-grade kitchen, recreation room, and several large meeting spaces. The building is serviced by multiple well-maintained HVAC systems, ensuring year-round functionality and comfort. The second structure is a freestanding gymnasium building encompassing 5,649 square feet, ideal for physical activity, group gatherings, or continued institutional use. While the exact construction date is not recorded in county records, this building is of newer vintage and in solid condition. Historically exempt from property taxes due to its religious affiliation, the facility previously accommodated up to 40 guests concurrently, though operations were scaled back to approximately 15 residents during and after the COVID-19 pandemic. As of spring 2025, the founder and program director—now in his mid-80s—has begun to wind down operations and is no longer accepting new clients. Strategic Location & Business-Friendly Setting! Situated in Tennessee—a state consistently ranked among the best for business—this property benefits from no state income tax, low cost of living, and a regulatory climate favorable to development and entrepreneurship. Its proximity to Memphis, a major logistics hub home to FedEx’s global headquarters, provides access to a skilled labor force, robust transportation infrastructure, and an expansive metro market. The site also enjoys regional connectivity to other key Southeastern cities including Nashville, Little Rock, and Jackson, making it well positioned for regional nonprofit, residential, or service-focused operations. Future Use Potential: This facility offers a range of adaptive re-use possibilities, including but not limited to: •Behavioral health or substance abuse treatment center •Religious retreat or training center •Charter or private school •Transitional housing or workforce dormitory •Veterans or senior services center •Community recreation or outreach hub •Nonprofit or governmental program headquarters With its flexible layout, ample square footage, and established infrastructure, this property is well suited for operators or investors seeking a move-in-ready campus with both social impact and growth potential.