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Heated Flex Space with Mezzanine

2001 S Central Avenue #SUITE S, Marshfield, WI 54449

For Sale
New
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A double-door entry and supplemental elevated storage area support a range of storage or workshop functions.

Property Size1,500 SF
Price / SF$0.75
Days on Market4

Property Features for 2001 S Central Avenue #SUITE S

General Information

Standard status Active
Size 1,500 SF
Property subtype Commercial
Zoning Commercial

Amenities

double door entrance
supplemental mezzanine area

Building Details

Building Size 1,500 SF
Year Built 1974
Listing Agency: First Weber
Listed By: Hornung & Co. Real Estate · License #7766994
Source: Coactionrealestate
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:58PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,500-square-foot flex suite combines heated, insulated space with a supplemental mezzanine area. A double-door entrance provides access, and the property was built in 1974. Commercial zoning is in place.

The suite is at 2001 S Central Avenue in Marshfield, Wisconsin. The lease is structured as full-service gross, with the landlord covering utilities and CAM fees. Lease terms run from three to five years; internet service may be the tenant’s responsibility.

Key Highlights

  • 1,500‑square‑foot heated, insulated flex suite
  • Supplemental mezzanine area
  • Double‑door entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,495
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,900 $129.9K
Cap Rate 7%
$92,786 $92.8K
Cap Rate 9%
$72,167 $72.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$9.8K $6.56/SF
− Vacancy
−$561 −$0.37/SF
EGI
$9.3K $6.19/SF
− OpEx
−$2.8K −$1.86/SF
NOI
$6.5K $4.33/SF
Area
Wood County, WI
Vacancy
5.70%
Lease Rate
$6.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,900
Cap Rate 7%
$92,786
Cap Rate 9%
$72,167

Alternative Uses

Best Use
Flex RnD
$182.5K
$159.7K – $212.9K (±1% cap)
NOI $12,772 @ 7.0% cap · market cap 1,135.29%
Second Best
Warehouse
$112.7K
$98.6K – $131.5K (±1% cap)
NOI $7,887 @ 7.0% cap · market cap 701.07%
Theoretical Best
Specialty Retail
$291.0K
$254.6K – $339.5K (±1% cap)
NOI $20,370 @ 7.0% cap · market cap 1,810.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Back Porch Home Decor Store Quick-Tag (Bike/Boat/Book/etc) Store Walmart Vision & Glasses Physician Girlfriend's Corner Clothing & Fashion Store DENISE J CARTER Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Pharmacy Spa & Massage Center

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

255
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • West 14th Restaurant — 108 W 9th St, Marshfield, WI 54449

Frequently Asked Questions

What type of property is this?
Flex space - A double-door entry and supplemental elevated storage area support a range of storage or workshop functions.
Where is this flex space located?
The property is located at 2001 S Central Avenue #SUITE S Marshfield, WI.
What are key features of this property?
This property features: 1,500‑square‑foot heated, insulated flex suite; Supplemental mezzanine area; Double‑door entrance
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Includes: Price & PSF · Cap rate · Location · Zoning

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