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Prime Land in Downtown Wausau

202 S 4th St. and 321 Forest St Wausau, WI 54403

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Land for sale in revitalizing downtown Wausau.

Type:Retail, Land
Property size:
47,480 SF
Price / SF:
$12/SF
Added:
Nov 11, 2024
Days on Market:
606
Last Refresh:
Jun 25 at 2:25 pm

Property Features for 202 S 4th St. and 321 Forest St

General Information

Standard status
Active
Size
47,480 SF
Property subtype
Retail, Land

Building Details

Year Built
1983

Listing office Lee & Associates - Madison

Listing date Nov 11, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Madison


Investment Insights

Based on property information with market context.

Located in downtown Wausau, this property encompasses 47480 square feet. The area is undergoing significant redevelopment under the Wausau Opportunity Zone (WOZ), following the demolition of the Wausau Center mall in 2021. The redevelopment aims to create a vibrant city center with pedestrian-friendly streetscapes, offering opportunities for residents to live, work, and play. The location is near the Children’s Imaginarium, which opened in December 2023, and HOM Furniture. The Aspirus Family Physician Clinic opened on Third Street in 2022. The Woodson YMCA underwent a major renovation in 2019. The Wausau River District has become a destination for entertainment, arts, business, and residential development. The redevelopment plan intends to produce a vibrant city center with quality retail and commercial space and affordable housing.

Key Highlights

  • Part of a large‑scale downtown redevelopment project led by Wausau Opportunity Zone (WOZ) aimed at urbanization.
  • Located in the evolving Wausau River District, a popular destination for entertainment, arts, business, and residential development.
  • Adjacent to the newly opened Children’s Imaginarium and HOM Furniture.

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Auto Parts Store Garden Center Carpet & Flooring Store Electrical Service Skin Care Clinic Barber Shop Nail Salon Storage Facility Furniture & Home Goods Tech Support Center

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

FAQs

What type of property is this?
Commercial land - Land for sale in revitalizing downtown Wausau.
Where is this commercial land located?
The property is located at 202 S 4th St. and 321 Forest St Wausau, WI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Part of a large‑scale downtown redevelopment project led by Wausau Opportunity Zone (WOZ) aimed at urbanization.; Located in the evolving Wausau River District, a popular destination for entertainment, arts, business, and residential development.; Adjacent to the newly opened Children’s Imaginarium and HOM Furniture.
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