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Street View
$5,300,000
Monthly Est:$26,380
-- Bed
- -- Bath
42,736sqft
4880 Otteson Ln #1-36, Eau Claire, WI 54701
$5,300,000
$26,380/moEst:
Get Pre-Approved
Multi Family
Built in 1998
$-- HOA
4.26 acres lot
$124/sq.ft
Description
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.
- Houzeo last checked: 3 hours ago
- Listing updated: September 18, 2026 at 2:35 pm
- Listing Provided by: Mary Proznik (815) 503-4597 | GRIP Realty LLC (715) 496-8111
- Source: WIREX | MLS#: 1599391

- Originating MLS: Northwestern Wisconsin MLS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1998
HOA Fees
-
Finished Area
42,736 sqft
Lot Size
4.26 acres lot
Basement Area
- sqft
MLS Name
WIREX
MLS Number
1599391

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Other
Heating
Hot Water, Other, Natural Gas
Price History
| Date | Event | Price |
|---|---|---|
03/24/2026 Source: | Listed for Sale | $5,300,000 $124/sqft |
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Based on information received from WIRES/RANW MLS through Oct 29, 2026, 02:15PM. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Houzeo nor RANW MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. ©2026 RANW MLS, Inc. All rights reserved.
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