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$ 349,900
Est. payment | /mo
4,260 SqFt
$ 349,900
Est. payment | /mo
4,260 SqFt
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,260 sqft
Price per Sqft $82
MLS Listing ID 22603641
Year Built 1973
Annual Tax Amount $3,975
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Real Estate For Sale
Property Description
Exceptional Downtown Wausau Investment Opportunity! Ideally located in the heart of Downtown Wausau, this income-producing office building offers the perfect combination of immediate cash flow, flexibility, and long-term upside. Just steps from the Marathon County Courthouse, the 400 Block, restaurants, government offices, and exciting downtown redevelopment, this is a premier location with lasting tenant appeal. The building features two full floors of professional office space with a versatile layout that easily accommodates multiple tenants or an owner-occupant seeking additional rental income. Currently home to four tenants, there is excellent opportunity to reconfigure existing space, add additional leasable offices, or maximize future income potential. Recent updates include fresh interior paint, updated flooring, and a new electrical breaker panel, providing a clean, professional environment with reduced near-term capital expenses. Outside, you'll find rear off-street parking, a private courtyard for tenants and visitors, and prominent signage on Grand Avenue for outstanding visibility. Whether you're expanding your commercial portfolio, searching for a value-add investment, or looking for a downtown headquarters with built-in rental income, this property delivers an outstanding combination of location, income potential, and future opportunity in one of Central Wisconsin's most sought-after business districts.
Location
State WI
County Marathon County
Area Wausau
Zoning Commercial
Rooms
Other Rooms 2
Basement Block
Interior
Cooling Central
Exterior
Roof Type Shingle,Membrane/Rubber
Building
Story 2
Sewer Municipal Water
Water Municipal Water
Level or Stories 2
Others
Tax ID 291-2907-362-0081
Miscellaneous Gas Hot Water Heater,Inside Storage,Fire Alarm,Alley,Public Rest Room,Shared Conference Room
Energy Description Natural Gas
Listed by JONES REAL ESTATE GROUP
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