Mixed-Use Downtown Commercial
107 S Central Ave Marshfield, WI 54449
107 S Central Ave, Marshfield, WI, 54449
$218,500
For Sale
$218,500
Downtown building with a storefront and remodeled bath on the main level, plus a 2-bedroom apartment upstairs.
Property Size2,384 SF
Price / SF$91.65
Days on Market148
Property Features for 107 S Central Ave
General Information
- Standard status
- Active
- Size
- 2,384 SF
Listing agency
BROCK AND DECKER REAL ESTATE, LLC
(715) 305-6096
Listed by
BROCK & DECKER REAL ESTATE · License #5964190
(715) 305-6096
Source
Exprealty
Added: Feb 24 Updated: Jul 22 at 6:04AM Checked: Jul 22 at 6:04AM
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 BROCK AND DECKER REAL ESTATE, LLC
Investment Insights
Based on property information with market context.
This mixed-use downtown commercial building includes an open storefront area on the main level, along with office space and a remodeled bath. The second level features a well-maintained 2-bedroom apartment with appliances included.
The property is located at 107 S Central Ave and is described as having excellent visibility from Veterans Parkway.
With a layout that supports both street-facing retail, office, or service use on the main floor and residential use upstairs, the building offers flexible configurations for an owner-occupant or investor.
The property is located at 107 S Central Ave and is described as having excellent visibility from Veterans Parkway.
With a layout that supports both street-facing retail, office, or service use on the main floor and residential use upstairs, the building offers flexible configurations for an owner-occupant or investor.
Key Highlights
- Commercial building in downtown with a storefront and open main‑level space for retail, office, or service use
- Remodeled bath and office space on the main level
- Upstairs 2‑bedroom apartment is well‑maintained and includes appliances
Local Financial Insights For 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 | $27.2k | $11.40 |
| − Vacancy | −$2.9k | −$1.20 |
| EGI | $24.3k | $10.20 |
| − OpEx | −$7.3k | −$3.06 |
| NOI | $17.0k | $7.14 |
2,384 SF · lease $11.40/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$302.7K
$264.9K – $353.1K
NOI $21,188 @ 7.0% cap · market cap 9.70%
Second Best
Retail
$243.2K
$212.8K – $283.8K
NOI $17,027 @ 7.0% cap · market cap 7.79%
Theoretical Best
Specialty Retail
$462.5K
$404.7K – $539.6K
NOI $32,375 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Good Day Sunshine ...
(Bike/Boat/Book/etc) Store
Frayed Not
Hair Salon
Dean Fait
Physician
CITI HUB EYECARE
Eye Care Center
Similar For Sale Nearby
Similar Off Market Nearby
- Illusions Floral and Gifts, LLC — 231 S Central Ave, Marshfield, WI 54449
FAQs
What type of property is this?
Storefront property - Downtown building with a storefront and remodeled bath on the main level, plus a 2-bedroom apartment upstairs.
Where is this storefront property located?
The property is located at 107 S Central Ave Marshfield, WI.
What is the asking price?
The asking price for this property is $218,500.
What are key features of this property?
This property features: Commercial building in downtown with a storefront and open main‑level space for retail, office, or service use; Remodeled bath and office space on the main level; Upstairs 2‑bedroom apartment is well‑maintained and includes appliances
