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    2755 Plaza Dr Wausau, WI 54401

    For Sale
    $1,599,000

    Prime location, vacant, 8,098 sq ft.

    Property size:
    8,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional mixed-use property, located at 2755 Plaza Dr in Wausau, Wisconsin, presents a unique investment opportunity. The 8,098 square foot building sits on a 2.53-acre lot (APN 291-2907-273-0997) and is currently vacant, offering immense potential for redevelopment or repurposing. Originally constructed in 1975 as a bank, the building retains its original vault and features a drive-thru system with convenient below-ground tunnel access. Its prime corner location at a major connector to Aspirus and Marshfield Clinics ensures high visibility and significant daily traffic, with nearly 5,000 cars passing by daily. The property's size and location make it suitable for a variety of uses, including medical, office, and retail spaces, or even a hotel, as suggested by its inherent value. The permitted zoning is commercial, offering flexibility for future development plans. The asking price is $1,599,000, translating to $197.46 per square foot. This property's strategic location and versatile design make it an attractive investment prospect with significant upside potential. The existing infrastructure, including the drive-thru and vault, provides a solid foundation for a variety of business ventures. Don't miss this chance to acquire a high-traffic, well-situated property in a thriving Wisconsin community.

    Property Features for 2755 Plaza Dr

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,098 SF
    Lot Size
    110,207 SF

    Building Details

    Year Built
    1975

    HighLights

    • $1,599,000 asking price for this 8,098 SF mixed‑use property.
    • Vacant, 8,098 square foot building on a 2.53‑acre lot in Wausau, WI.
    • Located at a prime corner with high traffic counts near Aspirus and Marshfield Clinics.
    • Features a drive‑thru system and below‑ground tunnel access.
    • Previously a bank, suitable for various uses including medical, office, and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Dental Office 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
    -89.670585650567
    Latitude
    44.964048428567

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, vacant, 8,098 sq ft.
    Where is this mixed-use property located?
    The property is located at 2755 Plaza Dr Wausau, WI.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: $1,599,000 asking price for this 8,098 SF mixed-use property.; Vacant, 8,098 square foot building on a 2.53-acre lot in Wausau, WI.; Located at a prime corner with high traffic counts near Aspirus and Marshfield Clinics.
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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
    2755 Plaza Dr Wausau, WI 54401
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