Listing Agency: NAI Pfefferle a***@naipfefferle.com Show Phone

Listed By: Ark Rhowmine · License #WI 5498-90

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:14PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Former Perkins family restaurant on Grand Avenue between downtown Wausau and Schofield/Weston/Rothschild
• Easy access at the traffic light intersection of Grand Ave and Skelly St
• Private paved parking lot with 76 spaces

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Law Firm Dental Office Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

86

Businesses Nearby

3k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Hotels & Casinos 100%

Comfort Inn Hotels & Casinos

2,750 visits/mo 0.5 miles

Demographics for 54476, WI

19,668

Population

8,574

Households

2.3

Avg Household Size

39

Median Age

24%

College-Educated

94%

High-School Grad

42.0 sq mi

ZIP Area

468

Density / Sq Mi

$76,132

Median Household Income

$43,962

Median Earnings

$972

Median Rent

$211,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

Where is this conventional restaurant located?

The property is located at 508 Grand Avenue Schofield, WI.

What are key features of this property?

This property features: Former Perkins family restaurant on Grand Avenue between downtown Wausau and Schofield/Weston/Rothschild; Easy access at the traffic light intersection of Grand Ave and Skelly St; Private paved parking lot with 76 spaces