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    624 N 3Rd Ave Wausau, WI 54401

    For Sale
    $195,000

    Real Estate For Sale - Wausau, WI

    Property size:
    3,200 SF
    Days on Market:
    271
    Last Refresh:
    Dec 8 at 10:06 am

    Property Features for 624 N 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    3,200 SF

    Building Details

    Architectural style
    Other

    Jones Realty LLC (715) 551-7374 [email protected]

    Listing agent RISE REAL ESTATE TEAM (800) 746-9464 License #59470

    Listing date Mar 13, 2025

    MLS# 22500853 Listing URL

    Copyright © 2025 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wausau Retail Investment Opportunity

    This commercial property, located in a high-traffic area, features two units and offers excellent visibility and accessibility for businesses. Currently rented as retail space, the 3200-square-foot property provides immediate income potential with room for future growth. It is located in Wausau, Marathon County, Wisconsin. This property would make a fantastic addition to any investment portfolio and presents a rare opportunity in a thriving business district. It is a high-exposure, income-generating property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ariel Vac & Sew Sewing Machine Store Blue Bird Children's ... Children'S Clothing Store Captured Memories Photography Photography Studio Back Outdoors Outdoor Sports Store Hemp Etc Wausau Gift Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.639554
    Latitude
    44.97087

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    FAQs

    What type of property is this?
    Retail space - Commercial property in high-traffic area with income potential.
    Where is this retail space located?
    The property is located at 624 N 3Rd Ave Wausau, 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: - High-traffic location with excellent visibility and accessibility.; - Immediate income potential as a currently rented retail space.; - Two-unit commercial property suitable for investment portfolios.
    (800) 746-9464
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    624 N 3Rd Ave Wausau, WI 54401
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    Wausau, WI 54401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    624 N 3Rd Ave Wausau, WI 54401
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