www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29008753
29008754

241 S Chamberlain Ave, Rockwood, TN 37854

Coldwell Banker Jim Henry & As Kingston
Listed by Coldwell Banker Jim Henry & As Kingston
$950,000
165 days on market
Updated 45 days ago

241 S. Chamberlain Ave.

Details
Property Type Hospitality, Mixed Use (+3)
Sub Type Apartment Building, Student Housing
Square Footage 86,124
Beds 82
Price per SqFt $11
Broker Co-Op Yes
Class D
Year Built 1950
Buildings 1
Acreage 3.700
Zoning Professional Services
Loading Docks 1

Hospitality

Marketing description

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.

Property must be shown with a licensed agent present at all times. One elevator is not in working condition. Do not use elevators.

Buyers and agents enter the property at their own risk.

Electrical wiring and copper have been removed and/or stolen from portions of the building. Electrical systems may be incomplete, nonfunctional, or in unknown condition and may require repair, replacement, or updating.

Property is being sold AS IS, WHERE IS, with no warranties or representations made by Seller as to condition, fitness, or usability. Seller will make no repairs.

All information is deemed reliable but not guaranteed. Buyers and Buyer’s agents are responsible for conducting all due diligence and verifying all information to their satisfaction prior to closing.

Investment highlights

  • Approx. 87,970 SF facility

  • Approx. 3.70-acre parcel

  • Previously licensed 84-bed assisted care living facility

  • Large-scale common areas + service/support spaces ideal for repurposing (buyer to verify)

  • Central Rockwood location with strong adaptive re-use potential

Buyer/Buyer’s Agent to verify all information including square footage, bed capacity, zoning, permitted uses, and building systems/condition.

Listing Contacts

Coldwell Banker Jim Henry & As Kingston
Listed by Coldwell Banker Jim Henry & As Kingston

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591