$5,700,000
Siren, WI 54872
MLS# 6505849
1 / 39
Property Description
Great Investment oppertunity! Currently operating as a retirement home, this property offers a new business to come in, finish off one wing of the complex and offer possibe assisted living/healthcare services or turn it all into retirment living. Currently 14 units are operating, which feature 1/2 or 3/4 bathrooms and kitchenetts, living and sleeping quarters. There are separate bathrooms available in the main wings of the property along with a lobby, full commercial kitchen, full cafeteria, sanctuary, laundry and a few office spaces. The remaining 18 units are ready for renovations, however the current owner has just run out of time. Wonderful grounds with 4 plus acres and located on the lake, allows for a private setting for residents to enjoy and relax. Garages located in the back of the facility.
Details
Maps
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Status: Active
Current Price: $5,700,000
Original List Price: 5700000
Contingency: None
ListPrice: 5700000
List Date: 2024-03-19
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1976
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 33455
For Sale or Lease: For Sale
Acres: 4.08
Lot Dimensions: 4840x4900
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: VILLAGE OF SIREN - SEC 17 PCL NE NW (TRACT G & L) (SUBJ/ESMT #397053) (TIF 2)
Listing City: Siren
Map Page: 999
Municipality: Siren
Rental License?: No
School District Phone: 715-349-2290
Map Coordinate Source: King's Street Atlas
House Number: 23926
Street Name: 4th
Street Suffix: Avenue
Postal City: Siren
County: Burnett
State: WI
Zip Code: 54872
Zip Plus 4: 8851
Property ID Number: 071812381617201000042000
Tax Year: 2023
Tax Amount: 11434
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Great Investment oppertunity! Currently operating as a retirement home, this property offers a new business to come in, finish off one
wing of the complex and offer possibe assisted living/healthcare services or turn it all into retirment living. Currently 14 units are
operating, which feature 1/2 or 3/4 bathrooms and kitchenetts, living and sleeping quarters. There are separate bathrooms available
in the main wings of the property along with a lobby, full commercial kitchen, full cafeteria, sanctuary, laundry and a few office spaces.
The remaining 18 units are ready for renovations, however the current owner has just run out of time. Wonderful grounds with 4 plus
acres and located on the lake, allows for a private setting for residents to enjoy and relax. Garages located in the back of the facility.
Directions: Taking Hwy 35 North to Hwy 70 through Grantsburg WI into Siren WI. Take a Right on 4th Ave S in Siren, and the property is located on your Left.
Assessments
Tax With Assessments: 11434
Building Information
Building Finished SqFt: 33455
Lease Details
Land Leased: No
Miscellaneous Information
FIPS Code: 55013
Homestead: Other
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 16W
Section#: 17
Township#: 38
Sale Options
Sale Includes: Business Assets,Business,Fixture/Equipment,Inventory,Land
Unit Details
Total Units: 1
Property Features
Accessible: Doors 36in+; Fully Wheelchair; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal; Raised Outlets; Roll-In Shower
CMU Style: Other
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Baseboard; Boiler
Loan Terms: Cash; Conventional; Special Funding
On Site Utilities: Electric Separate
Parking Characteristics: Other
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: National Realty Guild
Last Updated: March - 21 - 2024
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