Street-Level Office
133 River Drive #Suite 1, Wausau, WI 54403
For Sale
New
Contact for pricing
An open-shell layout allows the 1,550-square-foot suite to be configured for a range of office needs.
Property Size1,550 SF
Price / SF$0.01
Days on Market4
Property Features for 133 River Drive #Suite 1
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Additional Details
Office Units
Property Use
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Rock Solid Real Estate
(715) 846-7625
Listed By:
The Waraksa Group · License WI #6014790
(715) 846-1300
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 3:13PM
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 Rock Solid Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 133 River Drive, Suite 1, this 1,550-square-foot office unit occupies the street level and is presented in open-shell condition. The layout is available for a new interior configuration, and restrooms are shared with the neighboring main-floor tenant.
The property includes a dedicated off-street parking lot and is near the Wausau Farmers Market. Built in 1973, the suite offers a street-facing setting in downtown Wausau.
The property includes a dedicated off-street parking lot and is near the Wausau Farmers Market. Built in 1973, the suite offers a street-facing setting in downtown Wausau.
Key Highlights
- 1,550‑square‑foot office suite in open‑shell condition
- Street‑level space at 133 River Drive, Suite 1
- Dedicated off‑street parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,451
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,020
$309.0K
Cap Rate 7%
$220,729
$220.7K
Cap Rate 9%
$171,678
$171.7K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$26.4K $17.04/SF
− Vacancy
−$5.8K −$3.75/SF
EGI
$20.6K $13.29/SF
− OpEx
−$5.2K −$3.32/SF
NOI
$15.5K $9.97/SF
Area
Marathon County, WI
Vacancy
22.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,020
Cap Rate 7%
$220,729
Cap Rate 9%
$171,678
Alternative Uses
Best Use
Office B
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$286.4K
$250.6K – $334.1K
NOI $20,046 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,439
Businesses Nearby
Explore this area
Business Placement
Demographics for 54403, WI
24,712
Population
11,171
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
133.6 sq mi
ZIP Area
185
Density / Sq Mi
$66,040
Median Household Income
$41,670
Median Earnings
$942
Median Rent
$179,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - An open-shell layout allows the 1,550-square-foot suite to be configured for a range of office needs.
Where is this office unit located?
The property is located at 133 River Drive #Suite 1 Wausau, WI.
What are key features of this property?
This property features: 1,550‑square‑foot office suite in open‑shell condition; Street‑level space at 133 River Drive, Suite 1; Dedicated off‑street parking lot
