414-416 5Th AveAlbany, GA 31701

This exceptional 8,916 square foot medical office building, situated on a 1.28-acre lot at 414-416 Fifth Avenue in Albany, Georgia, presents a compelling investment opportunity. Located directly adjacent to Phoebe Putney Memorial Hospital and its recently completed, over $100 million expansion encompassing new emergency room, NICU, and ICU facilities, this property offers unparalleled convenience and accessibility. The building itself boasts recent updates and a 2019 addition, ensuring modern functionality and efficiency. The current tenant, a long-established OB-GYN practice, may require a leaseback period of 9-12 months or alternative closing arrangements. This presents a unique opportunity for a buyer to acquire a high-quality, well-located asset at a significantly reduced price compared to the cost of new construction. The property's prime location, coupled with its proximity to a major medical center and its recent improvements, makes it an ideal investment for those seeking a stable, high-demand medical office space. The asking price is $975,000. Serious inquiries are encouraged.