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WI Real Estate - No Reserve Price, No Starting Bid

Real Estate  >  Bennett Auction Service  >  WI Real Estate - No Reserve Price, No Starting Bid

WI Real Estate - No Reserve Price, No Starting Bid

by Bennett Auction Service
Event Begins: Friday,  August  28,  5:00 PM Central
First lots ends Thursday,  September  17,  4:00 PM Central
Last lot ends Thursday,  September  17,  4:00 PM Central
Seller will sell at any amount above $0.oo. This is an excellent investment opportunity. Please look through the 44 pictures, come to the open house (bring a flashlight and notepad), read the Terms of Sale, ask any questions, register and bid to win!
1 1


Lot #1 (Sale Order 1 of 1)

Are you an entrepreneur, visionary or historian? Can you look past the immediate to assess potential and possibilities? Some have suggested this property be used as multi-family housing or a Veteran's home. Others believe it should simply be reopened as assisted living and again serve the community in that capacity. One gentleman thought it could provide heated storage for sensitive medical records and other valuables. What might you do with it?

This commercial/residential property was the first hospital in Park Falls, then became Park Rest Home and was most recently Park Place assisted living center. It has over 7700 square feet, a commercial kitchen with fire arrest system, and a delightful enclosed sun porch with supplemental heat. Some rooms retain narrow, old-growth hardwood floors and noteworthy architectural detail. After Park Place closed its doors, winter hit and a sprinkler line burst resulting in some water damage to a central portion of the building. A professional water damage mitigation and remediation company did the clean-up and the studs are ready for drywall, as seen in the pictures.

Open house Friday, September 11th from 4:3o until 6 p.m. at 349 N. 1st Ave., Park Falls, WI. Bring a good flashlight, tape measure, note pad and an eye for opportunity. We look forward to meeting you.

Map Link
Title Insurance Commitment
Property Tax Information
Real Estate Condition Report
Addendum S
TIF District Opportunity
Broker Observations

Real estate licensees, cooperation is encouraged. Call for details.

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Sold for: USD 30,500.00

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