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Mixed-Use Property with Restaurant
For Sale
$550,000

227 S Central Avenue, Marshfield, WI 54449

Two buildings bring together food service, a floral and gift shop, and residential space, with partitioned rooms upstairs.

Property Size18,326 SF
Price / SF$30.01
Days on Market46

Property Features for 227 S Central Avenue

General Information

Standard status Active
Size 18,326 SF
Total Parking Spaces 7
Property subtype Commercial

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes
Mixed-Use Components retail, residential
Equipment Included Yes

Building Details

Building Size 18,326 SF
Buildings 2
Units 3
Tenancy Multi
Listing Agency: Nexthome Hub City
Listed By: Connie Reiter-Miller · License #63359-94,PersonLicenseNumber
Source: Freedom-choice
Added: Sep 11 Changed: Oct 23 Last Checked: Oct 23 at 4:57PM

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 Nexthome Hub City

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Investment Insights

Based on property information with market context.

Two buildings totaling 18,326 SF accommodate a restaurant and bar, a floral and gift shop, and an apartment. The restaurant includes a banquet hall and buffet setup; most restaurant equipment is included, while some items are leased. A large glass display case is included with the shop. The upper level contains a 1,804-square-foot, three-bedroom, one-bath apartment occupied by long-term tenants, as well as additional vacant space with hardwood floors and partitioned rooms.

Seven parking spaces are located behind the buildings, with municipal parking nearby at the rear and street parking in front. The property is at 227 S Central Avenue in Marshfield, Wisconsin. Buyers should verify square footage; property tours must be arranged around store hours.

Key Highlights

  • Two buildings with a combined PropertySize of 18,326 SF
  • Restaurant and bar with banquet hall and buffet setup
  • 1,804‑square‑foot apartment with 3 bedrooms and 1 bath

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Food Market

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 32% Dining 13% Home Improvements & Furnishings 10%
Kwik Trip Shops & Services
30,398 visits/mo 0.2 miles
Pick 'n Save Groceries
27,206 visits/mo 0.2 miles
True Value Hardware Home Improvements & Furnishings
6,961 visits/mo 0.3 miles
Little Caesars Pizza Dining
5,801 visits/mo 0.5 miles
Associated Bank Shops & Services
3,618 visits/mo 0.2 miles

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings bring together food service, a floral and gift shop, and residential space, with partitioned rooms upstairs.
Where is this mixed-use property located?
The property is located at 227 S Central Avenue Marshfield, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two buildings with a combined PropertySize of 18,326 SF; Restaurant and bar with banquet hall and buffet setup; 1,804‑square‑foot apartment with 3 bedrooms and 1 bath
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