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    3605 Stewart Ave Wausau, WI 54401

    For Sale
    $5,250,000

    Prime location, vacant, 30,800 sq ft.

    Property size:
    30,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 30,800 square foot mixed-use property, located at 3605 Stewart Ave, Wausau, WI 54401, presents a unique investment opportunity. Built in 2002 and 2004, this two-story building boasts a desirable suburban office zoning designation and sits on a spacious 2.83-acre lot (APN: 291-2907-332-0969). Currently vacant, the property offers significant potential for various uses, including medical, office, and retail spaces. Its intelligent design maximizes space efficiency, and the building features expansive windows offering 360-degree views. The property enjoys high visibility from Stewart Avenue and Highway 29, providing excellent access and exposure. Furthermore, tenants will appreciate the scenic views of Rib Mountain and convenient highway access. Offered at $5,250,000 ($170.45/sq ft), this property represents a compelling investment in a thriving Wisconsin market. The building's adaptable layout and prime location make it an ideal choice for a variety of businesses seeking a modern and functional space. Don't miss this chance to acquire a high-profile commercial property in a desirable location.

    Property Features for 3605 Stewart Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    30,800 SF
    Lot Size
    123,275 SF

    Building Details

    Stories
    2
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marshfield Clinic Stettin ... Medical Clinic Heather L. Meyering, ... Physical Therapist Patrick Kinney, PT Physical Therapist Cole Harry C ... Hand Surgeon Eric R Penniman ... Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wausau
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.681803084319
    Latitude
    44.955279964734

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, vacant, 30,800 sq ft.
    Where is this mixed-use property located?
    The property is located at 3605 Stewart Ave Wausau, WI.
    What is the asking price?
    The asking price for this property is $5,250,000.
    Request Owner's contact information
    3605 Stewart Ave Wausau, WI 54401
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    Wausau, WI 54401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3605 Stewart Ave Wausau, WI 54401
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