Retail Suite with Office
1027 S 17th Avenue #suite b, Wausau, WI 54401
For Sale
New
Contact for pricing
The space includes laundry hookups, storage, and a flexible area alongside its reception and office layout.
Property Size832 SF
Price / SF$1.68
Days on Market4
Property Features for 1027 S 17th Avenue #suite b
General Information
Standard status
Size
Property subtype
Amenities
2 office areas
large lobby/reception area
laundry hookups
storage space
multi use space
Building Details
Building Size
Year Built
Listing Agency:
First Weber
(715) 842-0811
Listed By:
Bradley Woldt · License WI 56821-90
(715) 270-0830
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 3:27PM
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 First Weber
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Investment Insights
Based on property information with market context.
This 832-square-foot retail suite was built in 2005 and has been freshly painted. Its layout includes two office areas, a large lobby and reception area, storage, laundry hookups, and an additional multi-use space. The lease is structured as gross, with utilities paid separately.
At 1027 S 17th Avenue, Suite B, the property sits at the corner of Thomas and 17th Avenue in Wausau. Edward Jones and a chiropractic office are neighboring tenants.
At 1027 S 17th Avenue, Suite B, the property sits at the corner of Thomas and 17th Avenue in Wausau. Edward Jones and a chiropractic office are neighboring tenants.
Key Highlights
- 832 square feet in a building constructed in 2005
- Two office areas and a large lobby/reception area
- Additional multi‑use space, storage, and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,369
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,380
$167.4K
Cap Rate 7%
$119,557
$119.6K
Cap Rate 9%
$92,989
$93.0K
Market Conditions
NOI Build-Up for 832 SF
Gross rent
$12.5K $15.00/SF
− Vacancy
−$524 −$0.63/SF
EGI
$12.0K $14.37/SF
− OpEx
−$3.6K −$4.31/SF
NOI
$8.4K $10.06/SF
Area
Marathon County, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,380
Cap Rate 7%
$119,557
Cap Rate 9%
$92,989
Alternative Uses
Best Use
Retail
$119.6K
$104.6K – $139.5K
NOI $8,369 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$153.7K
$134.5K – $179.3K
NOI $10,760 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
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Business Placement
Demographics for 54401, WI
31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The space includes laundry hookups, storage, and a flexible area alongside its reception and office layout.
Where is this retail space located?
The property is located at 1027 S 17th Avenue #suite b Wausau, WI.
What are key features of this property?
This property features: 832 square feet in a building constructed in 2005; Two office areas and a large lobby/reception area; Additional multi‑use space, storage, and laundry hookups
