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Mixed-Use Property with Apartments
For Sale
$289,900

126 S Central Avenue, Marshfield, WI 54449

The main-floor space has a long-term tenant, with four apartments above and rear-lot parking.

Property Size5,915 SF
Price / SF$49.01
Days on Market1135

Property Features for 126 S Central Avenue

General Information

Standard status Active
Size 5,915 SF
Property subtype Commercial

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Additional Details

Mixed-Use Components retail, residential
Tenant in Place Yes

Building Details

Building Size 5,915 SF
Buildings 1
Stories 2
Units 5
Tenancy Multi
Listing Agency: Success Realty Inc
Listed By: Joel Luttropp · License #53732-90
Source: Mcrealtywi
Added: Sep 24, 2023 Changed: Oct 30 Last Checked: Oct 30 at 3:26PM

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 Success Realty Inc

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines a long-term rental on the main floor with four apartments on the upper level. The apartment mix consists of two two-bedroom units and two one-bedroom units. The building is offered for sale; the business operating in the main-floor space is not included.

A rear lot provides parking for the property.

Key Highlights

  • Four upper‑level apartments: two 2‑bedroom units and two 1‑bedroom units
  • Main‑floor space has a long‑term rental
  • Rear lot provides parking

Property Analytics

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Current Use

2½ Cups Cupcakery ... Bakery Luxe Lashes Hair Salon The WaterCooler Express Newspaper & Magazine Sugared Lash Beauty ... Hair Salon Cutie Pie Photo ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Electrical Service Accounting Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

841
Businesses Nearby

Demographics for 54449, WI

26,417
Population
12,455
Households
2.1
Avg Household Size
43
Median Age
27%
College-Educated
94%
High-School Grad
172.4 sq mi
ZIP Area
153
Density / Sq Mi
$66,611
Median Household Income
$43,612
Median Earnings
$812
Median Rent
$194,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The main-floor space has a long-term tenant, with four apartments above and rear-lot parking.
Where is this mixed-use property located?
The property is located at 126 S Central Avenue Marshfield, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Four upper‑level apartments: two 2‑bedroom units and two 1‑bedroom units; Main‑floor space has a long‑term rental; Rear lot provides parking
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