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$ 17,600,000
Est. payment /mo
Active
2001 MARATHON AVENUE Neenah, WI 54957
148,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type CBRF/Group/Nursing Home,Industrial,Office(s)
Listing Status Active
Purchase Type For Sale
Square Footage 148,000 sqft
Price per Sqft $118
MLS Listing ID 50304873
Year Built 1954
Annual Tax Amount $107,312
Lot Size 17.250 Acres
Acres 17.25
Property Sub-Type CBRF/Group/Nursing Home,Industrial,Office(s)
Property Description
Park Place Holdings is pleased to present an outstanding opportunity to acquire Marathon Flats, a premier 55+ apartment community with two additional commercial spaces in Neenah, Wisconsin. This newly redeveloped 55+ multi-family community offers 61 fully renovated apartment units, 42 storage units, 56 garages, and two commercial spaces, including a long-term lease with Kimberly-Clark. Positioned on 17.25 acres, the property underwent a transformative adaptive reuse conversion in 2023-2024, capitalizing on the growing demand for high-quality, affordable housing for seniors. The excess land allows for future development of additional units, ask for details. Call for more details.
Location
State WI
County Winnebago
Zoning I2
Rooms
Basement None / Slab, Partial
Interior
Cooling Other, Electric, Gas
Exterior
Exterior Feature Stone
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Neenah
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Listed by Keller Williams Green Bay