For Access 97, use keyword "Limits" to find out the limits on things.
Tables can get as large as 1 Gb and a DB can get as big as 1 Gb. The limit gets bigger for Ac2K, but in Ac97, it is still only 1 Gb.
However, since a DB can link to external DB files, you can have several tables as big as 1 Gb EACH and the central DB would just have to link to them. Of course, this limits certain actions, 'cause linked tables are not QUITE as versatile as included tables.
But there is certainly an issue about whether your DB has been repaired and compressed recently. With that many records, assuming them to be non-trivial, I would certainly be concerned that I cleaned up that DB on a regular basis. Of course, the issue is ALSO how much "churn" factor you have. Like, deleting and adding records in a table tends to "churn" it. If your tables are mostly just for lookup, your churn factor will probably be low. If you do a lot of inserting and deleting, it will be higher. The higher the churn factor, the more often you should copy, compress, and repair it.