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Multifamily Development and Rehab
For Sale
$195,000

1401 Churchill Street, Waupaca, WI 54981

R-3 zoned property with a prior nursing home building and city utilities, offered as-is where-is.

Property Size27,000 SF
Lot Size1.58 Acres
Price / SF$7.22
Days on Market127

Property Features for 1401 Churchill Street

General Information

Standard status Active
Size 27,000 SF
Lot size 1.58 Acres
Zoning R-3

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $8,647
Listing Agency: United Country-Udoni & Salan Realty
Listed By: Bob Steidl · License #9013576
Source: Exprealty
Added: May 1 Changed: Aug 21 Last Checked: Sep 1 at 9:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country-Udoni & Salan Realty

Investment Insights

Based on property information with market context.

This R-3 multi-family zoned property offers two paths forward: a potential development of up to 45 new units (please confirm details with the City Zoning Office) or the rehabilitation of the existing 27,000-square-foot building that was previously used as a nursing home. The sale is being offered as-is, where-is.

The site is approximately 1.58 acres and is served by city sewer and water and natural gas. The property is close to Hwy 10.

Due to signs of mold, visitors are asked to wear a mask during showings for safety and to sign a release form prior to entering. The release form is available under Documents.

Key Highlights

  • R‑3 multi‑family zoning on 1.58 acres
  • Potential for up to 45 new units—verify with the City Zoning Office
  • 27,000 SF prior nursing home building available for rehab (sold as‑is, where‑is)

Property Analytics

Current Use

Steven Warber Physician Nancy Derkowski Physician Torri Yaeger Physician Janet Leikip Physician Stephanie Reents Physician

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Auto Repair Shop Hair Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby
Balanced
Demand for This Use

Demographics for 54981, WI

14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bethany Home Inc 1226 Berlin St, Waupaca, WI 54981

Frequently Asked Questions

What type of property is this?
Nursing home - R-3 zoned property with a prior nursing home building and city utilities, offered as-is where-is.
Where is this nursing home located?
The property is located at 1401 Churchill Street Waupaca, WI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: R‑3 multi‑family zoning on 1.58 acres; Potential for up to 45 new units—verify with the City Zoning Office; 27,000 SF prior nursing home building available for rehab (sold as‑is, where‑is)
More about this property
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