Corner Retail Strip
205 W Bridge St Wausau, WI 54401
205 W Bridge St, Wausau, WI, 54401
$972,000
For Sale
$972,000
Corner strip center with separate metering, 8 revenue spaces plus storage, and 35+ paved parking spots.
Property Size8,400 SF
Price / SF$115.71
Days on Market108
Property Features for 205 W Bridge St
General Information
- Standard status
- Active
- Size
- 8,400 SF
Listing agency
NAI PFEFFERLE
(715) 218-2900
Listed by
ANTHONY MORICE · License #8991794
(715) 218-2900
Source
Exprealty
Added: Apr 6 Updated: Jul 22 at 2:36AM Checked: Jul 22 at 2:36AM
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
Investment Insights
Based on property information with market context.
This split face block retail strip center is configured with 8 revenue spaces plus storage. The building includes separate metering on the main floor, while the lower level is pro-rated on a split-by-square-foot basis. Signage is available for the property.
Located on a prime corner, the site benefits from 35+ paved parking spots. The property is presented as an ownership opportunity with additional lease revenue.
The overall setup supports multiple revenue streams, combining the main-floor separate metering with the lower-level pro rata arrangement.
Located on a prime corner, the site benefits from 35+ paved parking spots. The property is presented as an ownership opportunity with additional lease revenue.
The overall setup supports multiple revenue streams, combining the main-floor separate metering with the lower-level pro rata arrangement.
Key Highlights
- Prime Bridge St corner strip center with separate metering on the main floor
- Includes 8 revenue spaces plus storage
- Lower‑level pro rata setup split by SF
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.0k | $15.00 |
| − Vacancy | −$5.3k | −$0.63 |
| EGI | $120.7k | $14.37 |
| − OpEx | −$36.2k | −$4.31 |
| NOI | $84.5k | $10.06 |
8,400 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,496 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,637 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wausau Exam Services ...
Medical Clinic
Gregory L. Leischer, ...
Physician
Knoedler Katie J ...
Physician
Piffl Ronald J ...
Physician
Robert J. Alexejun, ...
Physician
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FAQs
What type of property is this?
Storefront property - Corner strip center with separate metering, 8 revenue spaces plus storage, and 35+ paved parking spots.
Where is this storefront property located?
The property is located at 205 W Bridge St Wausau, WI.
What is the asking price?
The asking price for this property is $972,000.
What are key features of this property?
This property features: Prime Bridge St corner strip center with separate metering on the main floor; Includes 8 revenue spaces plus storage; Lower‑level pro rata setup split by SF
