123 S Pearl St - Assisted Livings FOR SALE
Berlin, WI 54923 |
608-215-2038
123 S Pearl St
Berlin, WI 54923
HIGHLIGHTS
- Versatile former assisted living facility offering 25 units and the potential for adaptive reuse as multifamily or wellness space.
- Fully renovated in 2019, the 20,336-square-foot property features large windows and a classic brick façade, offering attractive curb appeal.
- Equipped with a full wet sprinkler system, ample on-site parking, and large windows that fill spaces with rich natural lighting.
- Prime location in Downtown Berlin ensures excellent visibility with over 11,000 vehicles passing daily (VPD) at a prominent corner.
- Opportunity Zone designation presents attractive capital gains tax incentives and long-term redevelopment potential.
- Robust local demographics support strong demand, with over $221 million in annual consumer spending within 10 miles.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Former Assisted Living for Adaptive Reuse
PROPERTY TYPE
Health Care
PROPERTY SUBTYPE
Assisted Livings
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
-
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.38 AC
LAND SF
16,553 SF
ZONING
-
APN/PARCEL ID
206001730000
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608-215-2038
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608-215-2038
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