4880 Otteson Lane 1-36, Eau Claire, WI

$5,300,000

42,736

Square feet

4.26

Acres

About 4880 Otteson Lane 1-36

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.

Features of 4880 Otteson Lane 1-36

MLS® # 1599391
Price $5,300,000
Square Footage 42,736
Acres 4.26
Year Built 1998
Type Single Family
Sub-Type Apartment Building
Status Pending

Community Information

Address 4880 Otteson Lane 1-36
City Eau Claire
County Eau Claire
State WI
Zip Code 54701

Amenities

Parking Asphalt, Driveway, Garage Door Opener
Garages Garage Door Opener
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, See Remarks, Washer
Heating Hot Water, Other, See Remarks
Cooling Other, See Remarks, Wall Unit(s), Wall/Window Unit(s)
Fireplace No
Basement Partial, Partially Finished

Exterior

Exterior Features Sprinkler/Irrigation
Construction Brick, Stucco, Vinyl Siding
Foundation Poured

School Information

District Eau Claire Area

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $63,458
Tax Year 2025
Agent Mary Proznik
Office GRIP Realty LLC

Listing Details

OfficeGRIP Realty LLC
Contact Info715-496-8111

Interested in this Property?

Request Showing

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?