Street-Level Office
137 River Drive #Suite 2, Wausau, WI 54403
For Sale
New
Contact for pricing
An open-shell interior offers flexibility to plan the workspace around business needs.
Property Size1,550 SF
Price / SF$0.01
Days on Market3
Property Features for 137 River Drive #Suite 2
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Furnished
Additional Details
Road Access
Property Use
Amenities
shared restrooms
Building Details
Building Size
Year Built
Abandoned
Listing Agency:
Rock Solid Real Estate
(715) 846-7625
Listed By:
The Waraksa Group · License WI #6014790
(715) 846-1300
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 5:36PM
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.
This street-level office unit at 137 River Drive, Suite 2, in Wausau measures 1,550 square feet and is presented in open-shell condition. Shared restrooms serve the space alongside a neighboring main-floor tenant, and ownership is willing to discuss build-out options.
The property includes off-street parking and is near the Wausau Farmers Market. Built in 1973, it provides a downtown location with a customizable interior.
The property includes off-street parking and is near the Wausau Farmers Market. Built in 1973, it provides a downtown location with a customizable interior.
Key Highlights
- 1,550‑square‑foot office unit on the main floor
- Open‑shell condition supports a custom interior layout
- 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
Yes
Paved road access
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 interior offers flexibility to plan the workspace around business needs.
Where is this office unit located?
The property is located at 137 River Drive #Suite 2 Wausau, WI.
What are key features of this property?
This property features: 1,550‑square‑foot office unit on the main floor; Open‑shell condition supports a custom interior layout; Off‑street parking lot
