Two-Story Brick Mixed-Use
For Sale
Contact for pricing
Pending
205 Callon Street, Wausau, WI 54401
Two-story brick building with off-street parking, detached garage, and a layout supporting retail or apartment uses.
Property SizeContact for details
Days on Market116
Property Features for 205 Callon Street
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
RE/MAX Excel
(715) 581-9013
Listed By:
Michelle Millikin · License #WI
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Aug 4 at 12:29PM
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 RE/MAX Excel
Investment Insights
Based on property information with market context.
This two-story brick building offers flexible commercial and residential income possibilities. The property is currently being used as a large retail business, with a floor plan that previously functioned as a five-unit apartment building. The unit mix can accommodate two one-bedroom apartments and three two-bedroom apartments, with original character elements including hardwood floors and built-ins. Plumbing and tub/fixture components related to multiple bathrooms remain in place, and the building includes a large dry basement with five separate boiler systems.
The property features four off-street parking spaces and a detached two-car garage. Updates within the last 10 years include new windows, a new rubber roof, new underground electric, and updated electrical panels, and boilers and electricity are separately metered.
With multiple existing systems and a layout that can support either retail operations or a five-unit residential configuration, the building is well-suited for an investor or owner-operator seeking a conversion-ready option in a West Side retail area.
The property features four off-street parking spaces and a detached two-car garage. Updates within the last 10 years include new windows, a new rubber roof, new underground electric, and updated electrical panels, and boilers and electricity are separately metered.
With multiple existing systems and a layout that can support either retail operations or a five-unit residential configuration, the building is well-suited for an investor or owner-operator seeking a conversion-ready option in a West Side retail area.
Key Highlights
- 4400+ SF two‑story brick building with a floor plan that has supported retail use and can support 5 units
- Layout includes (2) 1‑bedroom apartments and (3) 2‑bedroom apartments for a total of 5 units (per prior apartment use)
- Includes 5 bathrooms with plumbing and some tubs/fixtures still intact for the apartment setup
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 54401, WI
31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story brick building with off-street parking, detached garage, and a layout supporting retail or apartment uses.
Where is this apartment building located?
The property is located at 205 Callon Street Wausau, WI.
What are key features of this property?
This property features: 4400+ SF two‑story brick building with a floor plan that has supported retail use and can support 5 units; Layout includes (2) 1‑bedroom apartments and (3) 2‑bedroom apartments for a total of 5 units (per prior apartment use); Includes 5 bathrooms with plumbing and some tubs/fixtures still intact for the apartment setup
