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3504 W. 20th Ave., Oshkosh WI - Vacant 19-Unit Former Senior Living Building

$1,950,000

3504 W 20th Ave, Oshkosh, WI 54904

Active
Last Updated: 07/27/2023

12,912 sqft

Building Size

1.257 acres

Lot Area

Details:
Building Size:    12,912 sqft
Lot Area:    1.257 acres
Class:    B
Units:    19
Year Built:    2009
Floors:    1
Description:

MGF Enterprises - Senior Living Realty Group, brokered by eXp Commercial, is proud to exclusively present this exceptional investment opportunity. Nestled in Oshkosh, WI, this vacant 19-unit building was once a thriving Class C Community Based Residential Facility (CBRF) assisted living. Each of the 19 units boasts a private bathroom with a walk-in shower, ensuring each occupant's utmost comfort and privacy.

While the building's current state no longer aligns with Wisconsin DHS 83 building codes for reopening as a Class C CBRF, it presents an exciting opportunity for reinvention. Explore the potential of reopening the building as, (1) a Class C CBRF assisted living community with the required improvements, (2) a lower class CBRF or Residential Care Apartment Complex (RCAC), or (3) an entirely new and innovative repurposing concept.

As you explore this property, you'll find an impressive array of amenities suitable for a variety of uses. The large dining room and private dining area create a welcoming ambiance, while the spacious front and rear living areas exude warmth and relaxation. The sunrooms provide the perfect spot for occupants to enjoy natural light, and the fully enclosed back patio offers a private and peaceful retreat. The versatile room opens up endless possibilities, whether it's used as an engaging activity room or a chapel. Additionally, the property includes a spa room, two offices for administrative tasks, and a generously sized one-stall garage with high ceilings that could cater to additional storage needs.

The property's flexible layout and desirable location present an enticing opportunity for visionary investors. With the ever-evolving market demands in mind, explore innovative uses that align with Oshkosh's thriving real estate landscape.

3504 W. 20th Ave. is strategically located in Oshkosh, WI, offering excellent visibility and accessibility. Situated within a quiet residential district, the property presents an ideal opportunity for an assisted living community, multi-family investment or other repurposing projects.

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