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Mixed-Use Building with Restaurant
New
For Sale
$550,000

227 S Central Avenue #231-233 S Central Av, Marshfield, WI 54449

The property combines restaurant and banquet space with a floral shop, a tenant apartment, and additional upper-level rooms.

Property Size18,326 SF
Price / SF$30.01
Days on Market2

Property Features for 227 S Central Avenue #231-233 S Central Av

General Information

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

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Building Size 18,326 SF
Year Built 1889
Buildings 2
Tenancy Multi
Listing Agency: Nexthome Hub City
Listed By: Connie Reiter-Miller · License #63359-94,PersonLicenseNumber
Source: Howardandwilliams
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 27 at 3:36AM

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 Nexthome Hub City

Rey
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Investment Insights

Based on property information with market context.

Two buildings at 227 S Central Avenue accommodate a restaurant and bar with banquet facilities, a floral and gift shop, and an apartment occupied by long-term tenants. The apartment measures 1,804 square feet and has three bedrooms and one bathroom. Additional upper-level space includes hardwood floors and partitioned rooms. The restaurant has a buffet setup, and most restaurant equipment is included; certain items, including a Pepsi cooler and gaming machines, are leased. A glass display case is included with the floral shop, while its floral cooler is excluded.

The property is zoned Commercial and was built in 1889. Seven parking spaces are located behind the buildings, with municipal parking also available at the rear.

Key Highlights

  • Two buildings with restaurant and bar, banquet facilities, floral and gift shop, and apartment
  • 1,804‑square‑foot apartment with three bedrooms and one bathroom; occupied by long‑term tenants
  • Additional upper‑level area has hardwood floors and partitioned rooms

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
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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 - The property combines restaurant and banquet space with a floral shop, a tenant apartment, and additional upper-level rooms.
Where is this mixed-use property located?
The property is located at 227 S Central Avenue #231-233 S Central Av 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 restaurant and bar, banquet facilities, floral and gift shop, and apartment; 1,804‑square‑foot apartment with three bedrooms and one bathroom; occupied by long‑term tenants; Additional upper‑level area has hardwood floors and partitioned rooms
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