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ABOUT THE SITE* Location: 1028 E. Third St.* Sale price: $2.1 million* Size: 15,096 square feet of office space* Site: Tract has 326 feet on Third Street* Broker: Linda C. Spencer, Anchor Trust Inc.
Proximity to the Chattanooga area's biggest hospital is a key selling point to 15,096 square feet of office space that's on the market.
The tract is located across Third Street from Erlanger and other medical facilities. While currently vacant, the site was the headquarters for the Fortwood Center, Tennessee's oldest mental health clinic, for many years.
The property likely would need to be remodeled or redeveloped, according to real estate company Anchor Trust Inc.
The facility, raised in 1977, has excellent visibility and is accessed not only by car but by bus and taxi, the company says.
Fortwood was founded in 1947 as the Chattanooga Child Guidance Clinic, following a study of mental health problems in the area conducted in 1946 by the Chattanooga Council of Community Forces. It was the first outpatient mental health service in Tennessee at the time.
The clinic changed names over the years, from the Chattanooga-Hamilton County Guidance Clinic, then the Chattanooga Psychiatric Clinic and to the Fortwood Center in 1985.
The Chattanooga-based Fortwood Center merged with the Knoxville-based Helen Ross McNabb Center in 2013.