Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1817 Stewart Ave Wausau, WI 54401

    For Sale
    $2,250,000

    High-return climate-controlled storage

    Property size:
    28,899 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional investment opportunity: This brand-new, 2023-built, climate-controlled self-storage facility in Wausau, Wisconsin offers 146 units totaling 21,175 net rentable square feet on a 1.65-acre lot. Boasting an 81% occupancy rate and a current NOI of $142,917, the property presents a 6.35% cap rate with a pro-forma cap rate of 8.07%. The asking price is $2,250,000 ($15,411 per unit and $77.86 per square foot). Conveniently located near the I-39/Hwy 51 and Hwy 29 interchange, this Class A facility features a security system and offers a value-add opportunity to increase revenue by filling the remaining units. The property is zoned commercial and is a fee-simple ownership. Unit sizes include 46 each of 10'x20', 10'x15', and 10'x10' units, along with 5 units of 5'x13' and 3 units of 5'x10'. This is a stabilized investment with a net lease.

    Property Features for 1817 Stewart Ave

    General Information

    Property type
    Self storage facilities
    Square Feet
    28,899 SF
    Class
    A
    Lot Size
    71,874 SF

    Building Details

    Year Built/Renovated
    2023/2023
    Buildings
    1
    Stories
    1
    Units
    146

    HighLights

    • 2023 Construction.
    • Excellent location with convenient access.
    • Value‑add opportunity: lease‑up remaining vacant units.
    • Climate‑controlled environment.
    • Secure building with installed security system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kingdom Storage Self-Storage Facility

    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
    -89.65867737342
    Latitude
    44.959110358596

    Nearby Similar for Sale

    • $565,000
      6,800 SF

      Former CBRF Ideal for Redevelopment

      Former Community-Based Residential Facility (CBRF) with redevelopment potential in Wausau.
      5601 Sherman St, Wausau, WI 54401
      View Details
    • $299,000
      4,433 SF

      Wausau Commercial Property For Sale

      Former supper club ready for renovation in Wausau, Wisconsin.
      3901 N 6Th St, Wausau, WI 54403
      View Details
    • $169,900

      Wausau Duplex Near Amenities

      Two-unit property near bus line, grocery, schools, and restaurants.
      828 N 1St Ave, Wausau, WI 54401
      View Details
    • $674,900
      6,760 SF

      Wausau Office Building For Sale

      Professional office building on Grand Avenue with high traffic volume.
      1818 Grand Ave, Wausau, WI 54403
      View Details
    • $649,900
      2,486 SF

      Wausau Retail Building For Sale

      Well-maintained retail building with I-39 frontage in Rib Mountain.
      226126 Hummingbird Rd, Wausau, WI 54401
      View Details
    • $1,450,000
      20,001 SF

      Wausau Commercial Property on Highway

      High-traffic location suitable for retail, office, or redevelopment.
      1720 N Us Highway 51, Wausau, WI 54401
      View Details

    FAQs

    What type of property is this?
    Self storage facility - High-return climate-controlled storage
    Where is this self storage facility located?
    The property is located at 1817 Stewart Ave Wausau, WI.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 2023 Construction.; Excellent location with convenient access.; Value-add opportunity: lease-up remaining vacant units.
    (608) 620-5478
    Request Owner's contact information
    1817 Stewart Ave Wausau, WI 54401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1817 Stewart Ave
    Wausau, WI 54401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1817 Stewart Ave Wausau, WI 54401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.