Downtown Restaurant & Bar
102 Jefferson St Wausau, WI 54403
For Sale
$729,000
For-sale restaurant and bar space on a high-traffic corner with visibility near the Wisconsin River.
Property Size4,110 SF
Price / SF$177.37
Days on Market114
Property Features for 102 Jefferson St
General Information
- Standard status
- Active
- Size
- 4,110 SF
Listing Agency:
AMAXIMMO LLC
(715) 470-1017
Listed By:
ADAM JENSEN · License #81392-94
(715) 470-1017
Source:
Exprealty
Added: Apr 1
Changed: Jul 23
Last Checked: Jul 23 at 12:16PM
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 AMAXIMMO LLC
Investment Insights
Based on property information with market context.
This for-sale commercial space at 102 Jefferson St in Wausau was previously used as a restaurant and bar, and it offers an open platform that can support a range of commercial uses. The property’s configuration and downtown setting make it well-suited for operators looking for a prominent street presence.
Located on a high-traffic corner, the space benefits from strong visibility in the downtown area. It is just steps from the scenic Wisconsin River and is surrounded by shopping, professional businesses, and high-density residential, supporting a steady flow of both local and visitor activity.
The combination of a central downtown address, corner exposure, and prior hospitality use makes this property a practical option for an incoming operator seeking a visible location in Wausau.
Located on a high-traffic corner, the space benefits from strong visibility in the downtown area. It is just steps from the scenic Wisconsin River and is surrounded by shopping, professional businesses, and high-density residential, supporting a steady flow of both local and visitor activity.
The combination of a central downtown address, corner exposure, and prior hospitality use makes this property a practical option for an incoming operator seeking a visible location in Wausau.
Key Highlights
- For‑sale restaurant and bar space on a high‑traffic downtown Wausau corner.
- Past use as a restaurant and bar, with space suited for a variety of commercial uses.
- Located just steps from the Wisconsin River.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.0k | $18.00 |
| − Vacancy | −$3.1k | −$0.76 |
| EGI | $70.9k | $17.24 |
| − OpEx | −$17.7k | −$4.31 |
| NOI | $53.2k | $12.93 |
4,110 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$759.4K
$664.4K – $885.9K
NOI $53,155 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar Off Market Nearby
- wausauspokeeasy — 701 Washington St, Wausau, WI 54403
- Intermission — 325 S 4th St, Wausau, WI 54403
- M & R Station — 818 S 3rd Ave, Wausau, WI 54401
- Loro's Froyo — forest st, wausau, wi 54403
- Whitewater Music Hall Brewing Co — 130 1st St, Wausau, WI 54403
FAQs
What type of property is this?
Bar & Pub - For-sale restaurant and bar space on a high-traffic corner with visibility near the Wisconsin River.
Where is this bar & pub located?
The property is located at 102 Jefferson St Wausau, WI.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: For‑sale restaurant and bar space on a high‑traffic downtown Wausau corner.; Past use as a restaurant and bar, with space suited for a variety of commercial uses.; Located just steps from the Wisconsin River.
