Description
Location, location, location. Built in 1980, this two-story brick office building is currently configured as multi-tenant and is in a prime commercial area in Wausau. Excellent visibility from and easy access to Stewart Ave and Hwy 29. Over 20,000 cars view this building and the large, newer exterior business sign per day. The newly paved and well-lighted parking lot has ample parking. Long-term tenants have been a staple of the tenancy, with a single tenant typically leasing the entire upper floor; 100% occupancy is the norm. The building space can be used as a single-tenant property or reconfigured to adapt to whatever use is needed and is perfect for an owner-user or hands-on or hands-off investor. This well-built and well-maintained building cashflows well and is easy to lease, though turnover is rare. Sellers are willing to deliver the building at whatever occupancy level desired.
Details
| MLS # | 22602426 |
|---|---|
| Listing Type | For Sale |
| Style | Business Opportunity |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 84 |
| Listing Provided By | REMAX EXCEL | LISA BERGMANN |
Features
| Building(s) | 1 |
|---|---|
| Zoning | Commercial |
| Acreage | 0.52 |
Taxes
| Property | 7577 |
|---|
Area Information
| State | WI |
|---|---|
| County | Marathon County |
| City | Wausau |
| Zip Code | 54401 |
| Area | Wausau |
| Subarea | Wausau |
| Listing VS Median (in 54401) | |
Price: $670,000 low | high Med: $317,400 On site: 84 low | high Med: 111.5 | |
Market Activity 54401
Request a showing
Request a showing
Contact
Learn More About This Property
| State | WI |
|---|---|
| County | Marathon County |
| City | Wausau |
| Zip Code | 54401 |
| Area | Wausau |
| Subarea | Wausau |
| Listing VS Median (in 54401) | |
Price: $670,000 low | high Med: $317,400 On site: 84 low | high Med: 111.5 | |