Multi-Office Executive
1730 7th Street South, Wisconsin Rapids, WI 54494
For Sale
New
Contact for pricing
A remodeled commercial suite includes reception space, a kitchenette, and dedicated work areas across two levels.
Property Size2,822 SF
Price / SF$0.76
Days on Market2
Property Features for 1730 7th Street South
General Information
Standard status
Size
Property subtype
Zoning
Space & Availability
Floor
Condition
Additional Details
Property Use
Amenities
shared vestibule entryway
Building Details
Building Size
Year Built
Listing Agency:
First Weber
(715) 341-6688
Listed By:
Hornung & Co. Real Estate · License WI #7766994
(715) 347-7384
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 2:05AM
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 First Weber
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Investment Insights
Based on property information with market context.
This office suite at 1730 7th Street South in Wisconsin Rapids has a remodeled interior and a two-level layout. The main floor contains 1,642 finished SF, including a reception and waiting area, five offices, a kitchenette, two tech rooms, and space suited to retail or conference use. The lower level adds 550 finished SF with two auxiliary work areas, a second bathroom, and unfinished storage. A shared vestibule serves as the entry, and parking is available. The property was built in 1982 and is zoned Commercial.
The lessee is responsible for utilities, liability insurance, internet and phone, garbage service, and signage. CAM, real estate taxes, and property insurance are the lessor’s responsibility.
The lessee is responsible for utilities, liability insurance, internet and phone, garbage service, and signage. CAM, real estate taxes, and property insurance are the lessor’s responsibility.
Key Highlights
- 1,642 finished SF on the main floor and 550 finished SF on the lower level
- Main floor has five offices, reception and waiting space, kitchenette, and two tech rooms
- Lower level includes two auxiliary work areas, a second bathroom, and unfinished storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,081
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,620
$501.6K
Cap Rate 7%
$358,300
$358.3K
Cap Rate 9%
$278,678
$278.7K
Market Conditions
NOI Build-Up for 2,822 SF
Gross rent
$42.3K $15.00/SF
− Vacancy
−$8.9K −$3.15/SF
EGI
$33.4K $11.85/SF
− OpEx
−$8.4K −$2.96/SF
NOI
$25.1K $8.89/SF
Area
Wood County, WI
Vacancy
21.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,620
Cap Rate 7%
$358,300
Cap Rate 9%
$278,678
Alternative Uses
Best Use
Office B
$358.3K
$313.5K – $418.0K
NOI $25,081 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$547.5K
$479.0K – $638.7K
NOI $38,323 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
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Business Placement
Demographics for 54494, WI
27,420
Population
13,110
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
95%
High-School Grad
125.3 sq mi
ZIP Area
219
Density / Sq Mi
$71,087
Median Household Income
$43,800
Median Earnings
$954
Median Rent
$170,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A remodeled commercial suite includes reception space, a kitchenette, and dedicated work areas across two levels.
Where is this office unit located?
The property is located at 1730 7th Street South Wisconsin Rapids, WI.
What are key features of this property?
This property features: 1,642 finished SF on the main floor and 550 finished SF on the lower level; Main floor has five offices, reception and waiting space, kitchenette, and two tech rooms; Lower level includes two auxiliary work areas, a second bathroom, and unfinished storage
