N4231 State Highway 22Shawano, WI 54166

Exceptional investment opportunity: a 53,770 square foot vacant skilled nursing facility situated on a spacious 15.7-acre lot in Shawano, Wisconsin. This Class B property, built in 1978 with renovations in 1995, presents a unique repurposing opportunity. Currently vacant, the building offers a large reception area, laundry room, private offices, community center, full kitchen, and numerous private rooms with baths. The property boasts its own water tower, utility shed, and wind turbine, adding significant value. Zoned C (Commercial), it's ideally suited for various uses including behavioral health, 55+ housing, rehabilitation facilities, veteran housing, or a halfway house. Located on State Highway 22, it benefits from high visibility and convenient access. The site is surrounded by over 500 acres of county-owned land, providing a tranquil setting. A recent city housing study indicates a shortage of market-rate housing, suggesting strong potential for residential conversion. The property's proximity to the Green Bay MSA (40 miles northwest) further enhances its appeal. The asking price is $1,650,000, translating to $30.69 per square foot. This represents a compelling opportunity to capitalize on the growing demand for senior housing and other specialized care facilities in a region with a strong labor market. The APN is 010113200000.