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Three-Suite Retail Strip Center
New
For Sale
$700,000

2003 Grand Avenue #2003-2005, Wausau, WI 54403

Fully leased commercial property with NNN agreements and an office-retail configuration.

Property Size7,776 SF
Price / SF$90.02
Days on Market6

Property Features for 2003 Grand Avenue #2003-2005

General Information

Standard status Active
Size 7,776 SF
Property subtype Commercial
Zoning Commercial
Occupancy 100%

Additional Details

Road Access Yes
Tenant in Place Yes
Property Use Office-Retail

Building Details

Building Size 7,776 SF
Year Built 1970
Buildings 1
Tenancy Multi
Listing Agency: Nai Pfefferle
Listed By: Ark Rhowmine · License #549890
Source: Coactionrealestate
Added: Oct 19 Changed: Oct 23 Last Checked: Oct 23 at 3:45PM

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 Nai Pfefferle

Rey
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 7,776-square-foot, three-suite office-retail center was built in 1970 and is described as well maintained. The property is fully occupied, with all leases structured on a NNN basis.

The center is on Grand Avenue in Wausau, along a principal route connecting downtown with Weston, Schofield, and Rothschild. High traffic and visibility are noted for the corridor.

Key Highlights

  • Three suites in an office‑retail strip center
  • 7,776 SF building constructed in 1970
  • Fully occupied with NNN leases

Property Analytics

Current Use

The Insurance Center - Wausau Insurance Agency Benefits Design Group ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Fully leased commercial property with NNN agreements and an office-retail configuration.
Where is this strip mall located?
The property is located at 2003 Grand Avenue #2003-2005 Wausau, WI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Three suites in an office‑retail strip center; 7,776 SF building constructed in 1970; Fully occupied with NNN leases
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