241 S Chamberlain Ave 86,124 SF Health Care Building Offered at $950,000 in Rockwood, TN 37854

241 S. Chamberlain Ave., Rockwood, TN 37854 (formerly “Victorian Square”) — a rare, large-scale facility offering approximately 87,970 sq ft on an estimated 3.70 acres, centrally located in historic Rockwood.
Previously operated as an assisted living community, the property is well-suited for a wide range of adaptive re-use opportunities including senior living, medical/rehab, residential care, transitional housing (subject to approvals), educational/training campus, corporate retreat, or other institutional/commercial concepts. Tennessee facility listings show the site was licensed for 84 beds (commonly marketed around 82+/- beds), supporting the scale and layout of this purpose-built operation.
The building features an established footprint with multiple wings/levels, community gathering areas, and support spaces typical of its prior use—such as common/community rooms and a commercial-style kitchen setup (buyer to verify equipment and condition). The site’s history is part of Rockwood’s story: Rockwood’s historical record notes the presence of Chamberlain Memorial Hospital in 1917, and the Victorian Square facility is widely recognized locally as having evolved from that hospital-era legacy.