Two-Story Office Building with Meeting
627 Jackson Street Wausau, WI 54403
627 Jackson Street, Wausau, WI, 54403
Contact for pricing
For Sale
Contact for pricing
Two-story building with multiple large meeting spaces, hardwood floors, and hydronic heat plus mini splits.
Property Size2,104 SF
Price / SF$118.77
Days on Market113
Property Features for 627 Jackson Street
General Information
- Standard status
- Active
- Size
- 2,104 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1926
Listing agency
Coldwell Banker Action
(715) 571-1487
Listed by
Julie Heniff-Bresnahan · License #WI
Source
Crexi
Added: Mar 31 Updated: Jul 20 at 8:24PM Checked: Jul 20 at 8:24PM
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 Coldwell Banker Action
Investment Insights
Based on property information with market context.
This versatile two-story commercial building is zoned NMU and offers flexible space for a range of uses. The interior features hardwood floors throughout, seven private offices, a reception area, a sitting room, and multiple large meeting spaces. There is a kitchen area, a full bath on the upper level, and a half bath on the main level, with fireplaces on both levels. Comfort is supported by hydronic heat and mini splits, and the electrical system has been updated. Dual front entrances and rear access add practical flow and functionality, and all desks and chairs are included.
The property is located at 627 Jackson Street in Wausau, Wisconsin and includes two front entrances along with rear access for additional site utility.
With its established office configuration and multiple meeting spaces, the layout is suited to businesses seeking dedicated rooms while retaining flexibility under the NMU zoning designation.
The property is located at 627 Jackson Street in Wausau, Wisconsin and includes two front entrances along with rear access for additional site utility.
With its established office configuration and multiple meeting spaces, the layout is suited to businesses seeking dedicated rooms while retaining flexibility under the NMU zoning designation.
Key Highlights
- 2‑story commercial building built in 1926, zoned NMU, with potential for business use or residential conversion
- Hardwood floors throughout plus fireplaces on both levels
- Interior includes 7 private offices, a reception area, a sitting room, and multiple large meeting spaces
Local Financial Insights For Office B
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 | $35.9k | $17.04 |
| − Vacancy | −$7.9k | −$3.75 |
| EGI | $28.0k | $13.29 |
| − OpEx | −$7.0k | −$3.32 |
| NOI | $21.0k | $9.97 |
2,104 SF · lease $17.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$299.6K
$262.2K – $349.6K
NOI $20,974 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$388.7K
$340.1K – $453.5K
NOI $27,211 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Attorney Sarah L. ...
Law Firm
Ruffi Law Offices, ...
Law Firm
Rays Runaway & Family ...
Family Counselor
Jolene V. Nowak, ...
Doctor
Donald's Trump Store
Department Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two-story building with multiple large meeting spaces, hardwood floors, and hydronic heat plus mini splits.
Where is this office building located?
The property is located at 627 Jackson Street Wausau, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2‑story commercial building built in 1926, zoned NMU, with potential for business use or residential conversion; Hardwood floors throughout plus fireplaces on both levels; Interior includes 7 private offices, a reception area, a sitting room, and multiple large meeting spaces
