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Former Assisted Living for Adaptive Reuse 123 S Pearl St 1 889 m² Soins de santé Vente aux enchères en ligne Berlin, WI 54923
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Informations principales sur l'investissement
- Versatile former assisted living facility offering 25 units and the potential for adaptive reuse as multifamily or wellness space.
- Equipped with a full wet sprinkler system, ample on-site parking, and large windows that fill spaces with rich natural lighting.
- Opportunity Zone designation presents attractive capital gains tax incentives and long-term redevelopment potential.
- Fully renovated in 2019, the 20,336-square-foot property features large windows and a classic brick façade, offering attractive curb appeal.
- Prime location in Downtown Berlin ensures excellent visibility with over 11,000 vehicles passing daily (VPD) at a prominent corner.
- Robust local demographics support strong demand, with over $221 million in annual consumer spending within 10 miles.
Résumé analytique
Discover an exceptional investment opportunity in the heart of Downtown Berlin, Wisconsin, with the versatile former assisted living facility at 123 S Pearl Street. Offering 25 units with value-add growth and redevelopment opportunities, this rare offer presents a highly adaptable acquisition for savvy investors.
The property, originally built on a 0.38-acre lot in 1995 and fully renovated in 2019, spans a total of 20,336 square feet. It includes a well-maintained, classic brick façade that is well-known in the downtown area, offering enhanced recognition for new business ventures. The building is served by a full wet sprinkler system, ample parking, and large windows that fill spaces with rich natural lighting, creating a warm and inviting environment.
123 S Pearl Street enjoys a prominent corner location with exceptional visibility in Berlin’s downtown core, delivering direct exposure to more than 11,000 daily vehicles. Pearl Street serves as the area’s primary east-west corridor, connecting to Oshkosh and Interstate 41 in less than 30 minutes and providing convenient access options for regional clients and staff. The site is ideally positioned within Berlin’s designated Opportunity Zone, generating additional long-term growth potential through redevelopment or conversion, with attractive potential capital gains tax incentives. Beyond assisted living, the property provides elevated potential for adaptive reuse as multifamily housing or a medical/wellness facility.
Berlin provides the new owner of 123 S Pearl Street with access to a valuable captive audience when looking within 10 miles of the property. The area is home to a population of more than 18,000 with an average household income exceeding $76,000 and consumer spending that totals over $221 million annually. With more than $34 million in spending on household segments and over $12 million on healthcare, this vibrant market delivers strong support for assisted living, multifamily, and wellness industries.
Don’t miss out on this incredible opportunity that combines functionality, convenience, and both short- and long-term growth potential at 123 S Pearl Street.
Property tours are by appointment only. Please contact the listing broker to schedule.
The property, originally built on a 0.38-acre lot in 1995 and fully renovated in 2019, spans a total of 20,336 square feet. It includes a well-maintained, classic brick façade that is well-known in the downtown area, offering enhanced recognition for new business ventures. The building is served by a full wet sprinkler system, ample parking, and large windows that fill spaces with rich natural lighting, creating a warm and inviting environment.
123 S Pearl Street enjoys a prominent corner location with exceptional visibility in Berlin’s downtown core, delivering direct exposure to more than 11,000 daily vehicles. Pearl Street serves as the area’s primary east-west corridor, connecting to Oshkosh and Interstate 41 in less than 30 minutes and providing convenient access options for regional clients and staff. The site is ideally positioned within Berlin’s designated Opportunity Zone, generating additional long-term growth potential through redevelopment or conversion, with attractive potential capital gains tax incentives. Beyond assisted living, the property provides elevated potential for adaptive reuse as multifamily housing or a medical/wellness facility.
Berlin provides the new owner of 123 S Pearl Street with access to a valuable captive audience when looking within 10 miles of the property. The area is home to a population of more than 18,000 with an average household income exceeding $76,000 and consumer spending that totals over $221 million annually. With more than $34 million in spending on household segments and over $12 million on healthcare, this vibrant market delivers strong support for assisted living, multifamily, and wellness industries.
Don’t miss out on this incredible opportunity that combines functionality, convenience, and both short- and long-term growth potential at 123 S Pearl Street.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Rue
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Data room Cliquez ici pour accéder à
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Informations sur l’immeuble
| Type de vente | Investissement | Surface de l’immeuble | 1 889 m² |
| Condition de vente | Vente aux enchères | Nb de lits | 25 |
| Type de propriété | Pleine propriété | Nb d’étages | 3 |
| Type de bien | Soins de santé | Année de construction/rénovation | 1995/2019 |
| Sous-type de bien | Logement avec assistance | Zone de développement économique [USA] |
Oui
|
| Surface du lot | 0,15 ha | Numéro de parcelle | 206001730000 |
| Type de vente | Investissement |
| Condition de vente | Vente aux enchères |
| Type de propriété | Pleine propriété |
| Type de bien | Soins de santé |
| Sous-type de bien | Logement avec assistance |
| Surface du lot | 0,15 ha |
| Surface de l’immeuble | 1 889 m² |
| Nb de lits | 25 |
| Nb d’étages | 3 |
| Année de construction/rénovation | 1995/2019 |
| Zone de développement économique [USA] |
Oui |
| Numéro de parcelle | 206001730000 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Conseiller en vente
Conseiller en vente
Bob Richards, VP of Brokerage Services
Bob Richards a rejoint Senior Care Realty à l'automne 2009 en tant qu'associé aux ventes. Au fil des ans, Bob a connu un franc succès en facilitant de nombreuses transactions de logements pour personnes âgées entre les propriétaires-exploitants et les investisseurs dans plusieurs États. Bob est un courtier agréé dans le Wisconsin et le Minnesota. En janvier 2021, Bob a été promu vice-président des services de courtage et aide maintenant les autres membres de l'équipe à atteindre leurs objectifs. Bob est diplômé de l'université de l'Iowa où il a obtenu une licence en administration des affaires et a fait partie de l'équipe de golf.
À propos de la technologie des enchères
Les enchères de Ten-X reposent sur une technologie de pointe pour les transactions en ligne dans le secteur de l’immobilier d’entreprise, ayant généré un total de plus de 34 milliards de dollars de transactions. Grâce à l’utilisation de cette technologie avancée et d’informations sur les actifs en temps réel, Ten-X positionne au mieux vos annonces pour trouver l’acquéreur idéal. Avec un processus d’enchères très rapide, une due diligence complète et la vérification des acquéreurs, les transactions sont conclues deux fois plus vite et avec deux fois plus de fiabilité pour les brokers, les propriétaires et les investisseurs.
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Contact pour les enchères
Sophy Cardenas
Contact
Licence du commissaire-priseur :
Ten-X, LLC Arlene Richardson RE Brkr 937838-91 Ten-X Auction Firm 481-53 Samantha Corbat Auctioneer 4028-52
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
Frais de transaction 3 %
Basés sur le montant de l’enchère gagnante
Frais de transaction minimaux
20 000 $ USD
Frais de transaction maximaux
300 000 $ USD
Exemple de calcul
Montant de l’enchère gagnante
5 000 000 $ USD
Frais de transaction
150 000 $ USD (3 %)
Prix d’achat total
5 150 000 $ USD
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Former Assisted Living for Adaptive Reuse | 123 S Pearl St
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Présenté par
Former Assisted Living for Adaptive Reuse | 123 S Pearl St
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