This exceptional Class A medical office building, totaling 10,854 square feet, presents a unique investment opportunity in Wausau, Wisconsin. Situated on a 1.5-acre lot at 520 N 28th Ave, this two-story building enjoys a prime location within the Wausau Medical Campus, just blocks from Aspirus Hospital and other medical facilities. Completely renovated in 2022, the property boasts a modern design and numerous upgrades. The main level features eleven private offices, four bathrooms, and a versatile mezzanine. The lower level, previously configured as a childcare center, includes a reception area, three classrooms, a gym, kitchen, nurse's office, two private offices, three bonus rooms, and ample storage. A new fire suppression system, updated mechanicals, and a laundry facility enhance functionality. The well-landscaped exterior provides over 50 parking stalls. Conveniently located near Interstate 39, this property offers easy highway access. The asking price is $1,500,000 ($138.20/sq ft). Potential uses include medical, office, childcare, or educational facilities. The building is currently vacant, allowing for immediate occupancy and customization to suit a buyer's specific needs. This is a rare opportunity to acquire a fully renovated, high-quality medical office building in a thriving medical hub.
Property Features for 520 28Th Ave
General Information
Property type
Medical offices
Square Feet
10,854 SF
Class
A
Lot Size
65,340 SF
Building Details
Year Built/Renovated
1990/2022
Buildings
1
Stories
2
HighLights
$1,500,000 asking price for a 10,854 SF Class A medical office building.
Located in Wausau, WI, on a 1.5‑acre lot with over 50 parking stalls.
Completely renovated in 2022, featuring a new fire suppression system and key mechanical upgrades.
Two‑story building with flexible space suitable for various uses, including medical, office, childcare, or school.
Prime location in the Wausau Medical Campus, near Aspirus Hospital and Interstate 39.
Medical office - Class A Medical Office, 10,854 SF
Where is this medical office located?
The property is located at 520 28Th Ave Wausau, WI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: $1,500,000 asking price for a 10,854 SF Class A medical office building.; Located in Wausau, WI, on a 1.5-acre lot with over 50 parking stalls.; Completely renovated in 2022, featuring a new fire suppression system and key mechanical upgrades.
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520 28Th Ave Wausau, WI 54401
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Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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.
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520 28Th Ave Wausau, WI 54401
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520 28Th Ave, Wausau, WI
Tim Wimmer
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520 28Th Ave, Wausau, WI
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