ENHOUZBusiness Marketplace
EDUC

148 Cason RD, Cedartown Sold

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This property has been sold and is no longer accepting inquiries. It remains listed for reference.
Asking price
$499,000
Price / SF
$19.50
Cap rate
Sale type
Property type
EDUC
Property subtype
EDUC,MEDIC,OFFIC,WAREH
Building class
Building size
25,589 sq ft
Year built
1986
NOI
Tenancy
Building height
Building FAR
Lot size
1.47 acres
Zoning
R-3
Frontage
Listing #
EN-2733
MLS #
10598782

Discover a unique opportunity with this spacious former health and rehabilitation center, ideally suited for a variety of uses, possibly a multi-family conversion property. The center boasts 45+- individual rooms, each potentially equipped to accommodate residents, patients, or guests comfortably. These rooms can be adapted for various purposes, such as private living spaces, private offices, or treatment areas depending upon the new use of the facility. The facility also includes several offices for administrative needs and would be ideal for management teams, meeting rooms or converted into additional service areas. A fully functional commercial cafeteria and commercial laundry is available on the premises. The cafeteria is ideal for serving large groups and can be utilized as a dining area for residents, a community cafe for visitors and staff or a communal meeting/activity space. The dedicated separate laundry facility is beneficial for maintaining linen and personal laundry services for residents or guests, contributing to the operational efficiency of the center. The building is designed for accessibility, with wide hallways and doors and one level living. It is enclosed by a sturdy brick wall fence with gates ensuring privacy and security for the residents and visitors. This feature is particularly valuable for institutions needing control over access and providing a safe environment. The courtyard areas are accessible by some rooms with patios and offers a tranquil outdoor space for relaxation, activities or social interaction. Set on a generous lot with ample parking, makes it convenient for staff, visitors and residents. the property offers flexibility for redevelopment or continued use in the healthcare sector. Potential uses include assisted living, senior housing, medical offices, community centers, or educational facilities. Given its comprehensive infrastructure, the former nursing and rehabilitation center can be repurposed for various new uses, including a Senior Living Community, a Community Center, Business Venture or Education Institution to name a few. The former nursing and rehabilitation center offers a unique opportunity to transform an existing space into a functional and thriving establishment, tailored to meet the needs of its new purpose. This property is priced below the tax assessors of value $1,121,681 It is zoned R-3 in the City of Cedartown. This zoning would allow multi-family. There is a senior community across the street, could this property be converted to senior housing?

Location

GAMLS
Listed by Garrett Land Company
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10598782

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