For Sale

Listed by Mary Proznik from GRIP Realty LLC

Source: Wisconsin Real Estate Exchange #714863086200

1-36/4880 Otteson Lane, Eau Claire, WI, 54701

$5,300,000

6
7
42736 sq. ft.
4.26 ac.

MultiFam

•

30+ days on the market

What's around 1-36/4880 Otteson Lane

About this property

Introducing a rare and highly versatile investment opportunity on Eau Claire?s desirable southside. This 36-unit independent living community offers immediate income potential with significant upside for future expansion and repositioning. 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.
â–¶

Looking for more information on 1-36/4880 Otteson Lane?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$550,000
2/35143516 Stein Boulevard
Eau Claire WI 54701
6
3
Multi-Family
Listing courtesy of Keller Williams Realty Diversified
Under Contract
$294,900
0/1204 State Street
Eau Claire WI 54701
6
1
Multi-Family
Listing courtesy of American Edge Real Estate
For Sale
$255,000
Unit 2404-2406/2404 Blakeley Avenue
Eau Claire County WI 54701
6
Multi-Family
Listing courtesy of Keller Williams Realty Diversified

Other properties for sale by GRIP Realty LLC

For Sale
$549,900
15695 CR-M
Fairchild WI 54741
4
3
2
Single-Family
Listing courtesy of GRIP Realty LLC
Under Contract
$157,900
4715 Olson Drive
Seymour WI 54703
Land
Listing courtesy of GRIP Realty LLC
Under Contract
$419,900
4322 Woodridge Drive
Eau Claire WI 54701
3
2
2
Single-Family
Listing courtesy of GRIP Realty LLC

Browse properties sold in nearby areas

IDX information is provided exclusively for consumers' personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed by the MLS.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent