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22 Madras Pky - Healthcare/Senior Housing Facility | 8,878 SF 8,878 SF Health Care Building Offered at $1,950,000 in Newnan, GA 30263

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INVESTMENT HIGHLIGHTS

  • ±8,878 SF property is suited for healthcare of senior housing facility purposes
  • Fully functioning staff and medical operational areas. Built in 2009
  • Plans under way to connect Madras Parkway to Highway I-85
  • 12 double occupancy units for residents. Immediate occupancy available
  • Septic tank just replaced with sewer connection ($50,000 cost)
  • Seller will offer a credit to convert present Kitchenette to a professional kitchen

EXECUTIVE SUMMARY

This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural
Conservation.) Seller will support rezoning or Special Use Permit application. Originally built as a hospice, with special use permit, the property is also suited for
other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared
bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, kitchenette and laundry room.
Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting. Gas-powered generator, sprinkler, video cameras.

PROPERTY FACTS

Price $1,950,000
Price Per Bed $162,500
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class B
Lot Size 2.68 AC
Building Size 8,878 SF
No. Beds 12
No. Stories 1
Year Built 2009
Zoning R-C - Rural Conservation

AMENITIES

  • Wheelchair Accessible

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
084-5140-007A
Land Assessment
$27,336
Improvements Assessment
$489,317
Total Assessment
$516,653
  • Listing ID: 38865637

  • Date on Market: 12/23/2025

  • Last Updated:

  • Address: 22 Madras Pky, Newnan, GA 30263

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