This Health Care Property is no longer advertised on LoopNet.com.

450 Lake Dr
Mellen, WI 54546
Skilled Nursing Facility · Health Care Property For Sale · 34 Beds

Investment Highlights

  • Centrally located among 4 hospitals; Ashland, Hayward, Park Falls and Ironwood
  • On-site Therapies offered include Physical, Occupational & Speech
  • Laundry Facilities and Beauty Salon located in the building
  • Additional potential revenue opportunities attainable, including an expansion into Memory Care &/or Assisted Living (ask to see the survey)
  • Excellently maintained building
  • Newer Roof

Property Facts

Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Rehabilitation Center
Building Class B
Lot Size 3.34 AC
Building Size 15,298 SF
No. Beds 34
No. Stories 1
Year Built 1986
Zoning C1

About 450 LAKE DR , MELLEN, WI 54546

This Skilled Nursing & Rehabilitation Facility has 34 licensed beds and offers therapy services 7 days/week. This is the ONLY SNF within a 25 mile radius. Generously priced at a 16.5% Cap Rate. Call Dawn Davis for more details.

Room Mix Information

Description No. Beds
- 34

Property Taxes

Property Taxes

Parcel Number
251-00563-0000
Land Assessment
$77,700
Improvements Assessment
$1,019,600
Total Assessment
$1,097,300
  • Listing ID: 12827286

  • Date on Market: 6/11/2018

  • Last Updated:

  • Address: 450 Lake Dr, Mellen, WI 54546

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