130 1St St Wausau, WI 54403
Prime location, high traffic, newly renovated.
Property size:
20,266 SFProperty Features for 130 1St St
General Information
- Property type
- Restaurants
- Square Feet
- 20,266 SF
- Class
- B
- Lot Size
- 42,253 SF
Building Details
- Year Built/Renovated
- 1973/2020
Listing Agency: NAI Pfefferle - Morice - Wausau Listing Agent: T.j. Morice, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property, located at 130 N 1st St in Wausau, Wisconsin, presents a unique investment opportunity. Boasting 20,266 square feet on a 0.97-acre lot (APN 291-2907-351-0171), this Class B building, originally constructed in 1973 and extensively renovated in 2020, offers a blend of retail and office space currently configured as a bar, executive office, and restaurant. The building features a grand hall and lounge, capable of hosting up to 299 people, a full bar with a coffee shop, a commercial kitchen, and a brew house. Three separate entrances on River Drive provide convenient access to the main floor. The upper floor offers versatile space, currently partially occupied (40% occupancy). Most existing tenants are interested in remaining. A third-floor mezzanine provides valuable storage and utility space. The property benefits from its central downtown Wausau location, high traffic counts, and stunning views of Rib Mountain. The permitted zoning is Downtown Periphery Mixed Use, allowing for diverse operational possibilities. The asking price is $1,399,500, with a NNN lease type and multi-tenancy structure. This property is ideal for investors seeking a strong return in a vibrant Wisconsin market.
Property Profile
Location Intelligence
Current Use by Public Records
The Unglitch Marketing Studio
Marketing & Advertising
Rise Up Central ...
Charitable Organization
Rotary Club of Wausau
Nightclub
Whitewater Music Hall ...
Bar & Pub
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.630765818285
- Latitude
- 44.958885530003
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Prime location, high traffic, newly renovated.
Where is this restaurant located?
The property is located at 130 1St St Wausau, WI.
What is the asking price?
The asking price for this property is $1,399,500.
What are key features of this property?
This property features: Exceptional mixed-use property totaling 20,266 square feet on a 0.97-acre lot in downtown Wausau, WI.; Class B building, renovated in 2020, featuring retail and office space currently occupied by a bar, executive office, and restaurant.; Features a large event hall (299-person capacity), full bar with coffee shop, commercial kitchen, and brew house.
