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    203 Upham St Marshfield, WI 54449

    For Sale
    $775,000

    Fully Leased, Updated Commercial Property

    Property size:
    7,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 7,200 square foot commercial building presents a compelling investment opportunity in Marshfield, Wisconsin. Located at 203 W Upham Street, the property boasts a prime location and is currently fully leased under triple net leases, ensuring a consistent income stream. Recent significant improvements enhance its value and appeal. The building underwent a complete interior remodel, ensuring modern and attractive spaces for tenants. Exterior enhancements include a new ballasted rubber roof installed in 2022, replacement windows, exterior painting completed in 2018, and brick tuckpointing in 2020. These upgrades minimize future maintenance costs and extend the building's lifespan. Further adding to its visibility and appeal, the property features a monument sign complete with a reader board. The building's excellent condition, coupled with its strong tenant occupancy and recent renovations, makes this a rare find in the Marshfield commercial market. This is an ideal investment for those seeking a stable, high-return property with minimal immediate capital expenditure needs. The asking price is $775,000. Serious inquiries are encouraged. The property is classified as General Commercial.

    Property Features for 203 Upham St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,200 SF

    Building Details

    Year Built
    1978
    Property Profile Location Intelligence

    Current Use by Public Records

    Anovia Health Doctor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshfield
    County
    WOOD
    State
    Wisconsin
    Longitude
    -90.16673
    Latitude
    44.68107

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    FAQs

    What type of property is this?
    Commercial real estate - Fully Leased, Updated Commercial Property
    Where is this commercial real estate located?
    The property is located at 203 Upham St Marshfield, WI.
    What is the asking price?
    The asking price for this property is $775,000.
    (715) 387-2121
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    203 Upham St Marshfield, WI 54449
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    Marshfield, WI 54449
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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
    203 Upham St Marshfield, WI 54449
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