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Mixed-Use Property with Garage
New
For Sale
$120,000

205 N Central Avenue, Marshfield, WI 54449

Commercial space with two residential units, separate utilities, and additional parking on Central Avenue.

Property SizeContact for details
Days on Market4

Property Features for 205 N Central Avenue

General Information

Standard status Active

Property Condition

Severity Repairs Needed
Evidence all appliances, heating & cooling units are older and should be verified as to their working condition

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,192

Building Details

Buildings 3
Listing Agency: RE/MAX AMERICAN DREAM
Listed By: SHARON HELWIG · License #41502-090
Source: Exprealty
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 17 at 2:39AM

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 AMERICAN DREAM

Investment Insights

Based on property information with market context.

This mixed-use property combines a 520-square-foot storefront with a two-level duplex-style residence. The 1,150-square-foot main floor includes two bedrooms, one bathroom, a kitchen, living room, and laundry area. The 972-square-foot upper apartment offers one to two possible bedrooms, one bathroom, a kitchen, and living room. Appliances in both residential units are included.

The storefront is constructed with block and stucco, while the duplex is identified as stud and stucco in city assessment information. A detached two-car block garage and additional parking serve the property. Natural-gas wall heaters and window air-conditioning units provide service to the shop and apartments, although the equipment is older and its operating condition should be verified. Electrical service has been updated with separate circuit breakers for each space. The basement is constructed of stone, block, and poured materials and experiences wet conditions.

Key Highlights

  • 520‑square‑foot storefront with a long history as a barber shop
  • 1,150‑square‑foot main residential level with 2 bedrooms and 1 bathroom
  • 972‑square‑foot upper apartment with 1‑2 possible bedrooms and 1 bathroom

Property Analytics

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Current Use

Ritas Restaurant

Suggested Use

Top Pick Electrical Service Accounting Firm Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,837
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space with two residential units, separate utilities, and additional parking on Central Avenue.
Where is this mixed-use property located?
The property is located at 205 N Central Avenue Marshfield, WI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 520‑square‑foot storefront with a long history as a barber shop; 1,150‑square‑foot main residential level with 2 bedrooms and 1 bathroom; 972‑square‑foot upper apartment with 1‑2 possible bedrooms and 1 bathroom
More about this property
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