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Property profile & analytics
FOR LEASE
Commercial real estate

500 N 3Rd St Wausau, WI 54403

1.37 ac lot
Individually Owned ~ Est. High Equity
Property ID
US92-0188378
Property summary
AI-generated overview

CitySquare Office Center, located at 500 N 3rd Street in downtown Wausau, WI 54403, offers a diverse range of office spaces within a Class A, eight-story building totaling 143,435 square feet. Originally constructed in 1976 and extensively renovated in 2016, this property boasts a completely remodeled lobby and common areas. The building caters to various needs, offering executive, creative, coworking, medical, and traditional office spaces, with 22 suites currently available, ranging from 93 to 9,088 square feet. Tenancy is multiple. Amenities include free conference and training rooms, a fitness center equipped with lockers and showers, bike storage, and on-site document storage. Security features include secure building access via after-hours card access. The building's central downtown location provides easy access to shopping, dining, and entertainment options. This professionally managed property presents a unique opportunity for businesses seeking a modern and convenient workspace in the heart of Wausau.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.37 ac (59,677 SF)
Zoning code B41
APN 291-2907-253-0267
UPID US92-0188378
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Golden Icon Video Productions Film Production Television Studio
  • BMO Harris Bank Mortgage Loan Service Bank
  • Sprinter Business IT Tech Support Center IT Consulting Firm
  • Aplin & Ringsmuth, LLC Law Firm
  • Mallery Thomas F Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k
Owner & transaction history
Tyler J Noel
Tyler J Noel
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2022
Price N/A
2014
$3.6M
2006
$1.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B41 · Wausau, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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