Office Suite with Five
850 State Highway 153 #Suite E, Mosinee, WI 54455
For Sale
New
Contact for pricing
Second-floor workspace combines private offices, a conference room, and reception areas in a shared professional building.
Property Size1,780 SF
Price / SF$1.42
Days on Market3
Property Features for 850 State Highway 153 #Suite E
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Highway Access
Property Use
Building Details
Building Size
Year Built
Listing Agency:
Exit Midstate Realty
(715) 575-8758
Listed By:
Jodi Teige · License WI #5066694
(715) 571-6429
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 5:03PM
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 Exit Midstate Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,780-square-foot office suite occupies the second floor of a professional building constructed in 1990. Its layout includes a private reception area, a separate receptionist space, a conference room, and five offices. A shared lobby and two shared bathrooms serve the suite, which is reached by stairs from the west-side entrance.
The building is directly across from Central Wisconsin Airport and has access to I-39. The flat-rate lease includes water and sewer, snow and lawn care, common-area janitorial services, mechanical maintenance, waste and recycling service, real estate taxes, and property insurance. The tenant handles utilities, communications, signage, suite cleaning, and personal property taxes.
The building is directly across from Central Wisconsin Airport and has access to I-39. The flat-rate lease includes water and sewer, snow and lawn care, common-area janitorial services, mechanical maintenance, waste and recycling service, real estate taxes, and property insurance. The tenant handles utilities, communications, signage, suite cleaning, and personal property taxes.
Key Highlights
- 1,780‑square‑foot suite on the second floor
- Five private offices, a conference room, and reception areas
- Shared lobby and two shared bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,744
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,880
$354.9K
Cap Rate 7%
$253,486
$253.5K
Cap Rate 9%
$197,156
$197.2K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$30.3K $17.04/SF
− Vacancy
−$6.7K −$3.75/SF
EGI
$23.7K $13.29/SF
− OpEx
−$5.9K −$3.32/SF
NOI
$17.7K $9.97/SF
Area
Marathon County, WI
Vacancy
22.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,880
Cap Rate 7%
$253,486
Cap Rate 9%
$197,156
Alternative Uses
Best Use
Office B
$253.5K
$221.8K – $295.7K
NOI $17,744 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$328.9K
$287.8K – $383.7K
NOI $23,021 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 54455, WI
18,897
Population
8,058
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
80
Density / Sq Mi
$94,609
Median Household Income
$50,076
Median Earnings
$1,041
Median Rent
$226,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace combines private offices, a conference room, and reception areas in a shared professional building.
Where is this office unit located?
The property is located at 850 State Highway 153 #Suite E Mosinee, WI.
What are key features of this property?
This property features: 1,780‑square‑foot suite on the second floor; Five private offices, a conference room, and reception areas; Shared lobby and two shared bathrooms
