8014 Bethel RdArpin, WI 54410
- 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
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
Comparable in this City
Similar Nearby for Sale
FAQs
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