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401-405 Central Ave Marshfield, WI 54449

For Sale
$599,900

High-yield commercial & residential property

Property size:
8,807 SF

Description

Added:
Feb 3, 2025
Days on Market:
311
This exceptional 8,807 square foot commercial property, situated on a 0.15-acre lot at 401-405 S Central Avenue in Marshfield, Wisconsin, presents a compelling investment opportunity. The prime downtown location boasts high visibility and foot traffic, ensuring strong tenant demand. The main level currently features two commercial spaces, easily adaptable into three, each benefiting from large display windows ideal for retail businesses. A rear space, previously used as plumbing retail and warehouse, offers ample storage. Upstairs, six residential apartments provide consistent rental income with potential for future growth. A dedicated, sizable parking lot caters to tenants and customers. The property's strategic location offers convenient access to numerous amenities, including restaurants, shops, a movie theatre, a gas station, and Wenzel Plaza. This versatile property combines the benefits of commercial and residential income streams, offering a strong return on investment and significant potential for value appreciation. Detailed financial information, including current rental income and operating expenses, is available upon request. This is a rare chance to acquire a thriving, multi-faceted property in the heart of a vibrant Wisconsin community. Don't miss this opportunity to secure a profitable addition to your real estate portfolio. The asking price is $599,900.

Property Features for 401-405 Central Ave

General Information

Property type
Other commercial real estate
Square Feet
8,807 SF
Lot Size
6,534 SF

Building Details

Year Built
1910

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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
Marshfield
County
WOOD
State
Wisconsin
Longitude
-90.17522
Latitude
44.66381

FAQs

What type of property is this?
Commercial real estate - High-yield commercial & residential property
Where is this commercial real estate located?
The property is located at 401-405 Central Ave Marshfield, WI.
What is the asking price?
The asking price for this property is $599,900.
More about this property
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