4880 Otteson LN #1-36 Eau Claire, WI 54701
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 42,736 sqft
Price per Sqft $124
MLS Listing ID 1599391
HOA Y/N No
Abv Grd Liv Area 39,861
Year Built 1998
Annual Tax Amount $63,457
Tax Year 2025
Lot Size 4.263 Acres
Acres 4.2627
Property Sub-Type Apartment
Property Description
Purposefully designed as a 55+ independent living property, this asset presents a unique opportunity for investors or operators to evolve the property into a full-service Continuing Care Retirement Community (CCRC). With the ability to incorporate assisted living, memory care, or layered home health services, the possibilities for increased revenue streams and long-term value creation are substantial. The property was thoughtfully constructed to accommodate a future two-story expansion, with excess land available for an additional wing—allowing a seamless scale-up of operations without compromising the existing structure.
Nestled in a private, wooded setting, the site offers a peaceful and highly sought-after environment for residents, while still being conveniently located on Eau Claire's southside. Its positioning is especially strategic—situated between two established Continuing Care Retirement Communities—reinforcing the area's strong demand and proven senior housing market.
Location
State WI
County Eau Claire
Rooms
Basement Partial, Partially Finished
Interior
Interior Features Ceiling Fan(s)
Heating Hot Water, Other, See Remarks
Cooling Other, See Remarks, Wall Unit(s), Wall/Window Unit(s)
Equipment Other
Fireplace No
Appliance Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, See Remarks, Washer
Exterior
Exterior Feature Sprinkler/Irrigation
Parking Features Asphalt, Driveway, Garage Door Opener
Water Access Desc Public
Accessibility Accessible Elevator Installed, Other, Accessible Doors, Accessible Hallway(s), Accessibility Features
Porch Concrete, Deck, Patio
Building
Foundation Poured
Sewer Public Sewer
Water Public
Schools
School District Eau Claire Area
Others
Senior Community Yes
Tax ID 1822122709264309012
Energy Description 11000.0
Virtual Tour https://youtu.be/2HPT0tR_VBY
Nearby Locations
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