Search
Hospital-Adjacent Multi-Tenant Medical Office
New
For Sale
Contact for pricing

1005 Market St W, Athens, AL 75446

Multi-tenant medical space beside Athens-Limestone Hospital offers month-to-month leasing across a significant portion of the tenancy.

Property Size48,619 SF
Days on Market7

Property Features for 1005 Market St W

General Information

Standard status Active
Size 48,619 SF
Property subtype Office

Building Details

Building Size 48,619 SF
Tenancy Multi
Listing Agency: Zeustra Healthcare Real Estate Advisors
Listed By: Ryan Lupo · License #NJ 2189708
Source: Crexi
Added: Sep 11 Changed: Sep 16 Last Checked: Sep 16 at 1:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zeustra Healthcare Real Estate Advisors

Investment Insights

Based on property information with market context.

This 48,619-square-foot medical office building accommodates multiple tenants and is positioned directly beside Athens-Limestone Hospital. Huntsville Hospital serves as the primary anchor tenant, giving the property an established healthcare presence and direct proximity to hospital services, physicians, patients, and related medical uses. A significant portion of the tenancy is on month-to-month terms, providing flexibility for future lease restructuring and extensions.

The property is located at 1005 Market St W in Athens, Alabama, immediately adjacent to the hospital campus. Recent capital work includes a new roof completed in 2025 and a refreshed exterior. The combination of multi-tenant medical office space, hospital adjacency, established healthcare occupancy, and near-term lease flexibility supports continued use as a healthcare-focused commercial property.

Key Highlights

  • 48,619‑square‑foot multi‑tenant medical office building
  • Directly adjacent to Athens‑Limestone Hospital
  • Huntsville Hospital is the primary anchor tenant

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Athens Internal Medicine ... Medical Clinic Carlota ObGyn Physician Athens Family Health ... Community Health Centre Pathways Speech Therapy Physician Morehead Kristy Employment Agency

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store Building Supply Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-tenant medical space beside Athens-Limestone Hospital offers month-to-month leasing across a significant portion of the tenancy.
Where is this medical office space located?
The property is located at 1005 Market St W Athens, AL.
What are key features of this property?
This property features: 48,619‑square‑foot multi‑tenant medical office building; Directly adjacent to Athens‑Limestone Hospital; Huntsville Hospital is the primary anchor tenant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message