8014 Bethel RdArpin, WI 54410

For Sale
$850,000 View listing
  • Commercial real estate
  • 6.28 AC

Property Details for 8014 Bethel Rd

Lot size
6.28 AC
Property type
Commercial real estate
APN
1500446
APU
1500446

Description

This exceptional 49,241 square foot commercial property, situated on a 7.38-acre lot in Arpin, Wisconsin, presents a unique investment opportunity. Formerly a nursing home, the building currently operates as a room rental facility with 11 of its 55 rooms currently rented, generating immediate income. The property boasts a welcoming front lobby, two fully equipped kitchens, two offices ideal for administrative use or storage, a convenient on-site gym, and two residential showers. Shared dining areas and a laundry room with coin-operated washers and dryers cater to tenant needs. Two attached garages provide ample storage or parking. The property also includes significant infrastructure: a nearby water treatment building with a generator and well pumps, and a separate outbuilding housing the septic system and holding tanks. The sale includes all furniture (excluding tenant belongings and two generators), kitchen appliances, and equipment. Recent updates include a new roof on the main section and a new boiler. This versatile property offers endless possibilities for continued use as a room rental facility or conversion to other residential or commercial ventures. Its size, amenities, and existing infrastructure make it an attractive investment with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $57,568,284
    Hospitality
    $52,732,240
    Educational
    $43,872,604
    Medical
    $45,381,448
    Retail
    $68,246,272
8014 Bethel Rd, Arpin, Wisconsin

Location Insight

City
Arpin
County
Wood
State
Wisconsin
Latitude
44.5374
Longitude
-90.0887
CBSA code
49220
CBSA name
WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,974
$31,400
$298,700
$330,100
-
-
-
$497,100

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