For Sale
$299,900

250 Grady RdEtowah, TN 37331

Prime Medical Office, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity in Etowah, Tennessee, presents a 4,100 square foot, single-story Class B medical building situated on a 1.66-acre lot (APN: 107B A 019.01). This property, built in 1997, features two identical units, each encompassing a waiting room, reception area, five exam rooms, common space, a physician's office, three half-baths, a kitchenette, and a utility room. Currently, the building has 50% occupancy, with one unit vacant and offering a potential rental income of approximately $2,000 per month. The property is zoned for medical use and benefits from a convenient location near Starr Regional Hospital and Highway 411, ensuring high visibility and accessibility. This sale-leaseback opportunity is ideal for 1031 exchange investors seeking a strong return on investment in a thriving medical market. The property is offered at $299,900 and operates under a net lease agreement. This multi-tenant building presents a compelling opportunity for both medical professionals and investors alike. The property's strategic location and versatile design make it an attractive option for a variety of medical and professional uses.

Property Details for 250 Grady Rd

Property type
Specialty properties, Land
Square Feet
4,100 SF
Class
B
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
72,310 SF
Units
2

Location Insight

City
Etowah
County
McMinn
State
Tennessee
Latitude
35.345758258798
Longitude
-84.523872993728
250 Grady Rd, Etowah, Tennessee

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250 Grady Rd
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