Property profile

800 Scott St Wausau, WI 54403

FOR LEASE
Commercial real estate
Property ID
US92-0746604
2.32 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This 15,000-square-foot office building, located at 800 Scott Street in Marathon County, presents a unique opportunity. Originally the Wausau Daily Herald building, the property boasts a blend of traditional and creative office spaces, suitable for multiple tenants. The building features a striking 28+ foot high ceiling in the central area, a remnant of its printing press history, while the remaining space offers ceiling heights ranging from 12 to 18+ feet. The building is classified as Class B and was constructed in 1970. The 2.79-acre lot provides ample parking for tenants and visitors. The property is zoned for Medium Industrial use, offering flexibility for various business types. A significant portion of the building is adaptable and can be subdivided to accommodate different tenant needs. The building is fully sprinklered. Landlord participation in tenant improvements is available, with greater participation offered for longer lease terms, allowing for substantial build-out customization. The property's APN is 291-2907-254-0963. This presents a rare chance to acquire a substantial, adaptable office space with a rich history and significant potential for redevelopment or continued use as a multi-tenant office building.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.32 ac (101,103 SF)
Zoning code M2
APN 291-2907-254-0963
UPID US92-0746604

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • HVAC Service General Contractor
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine
  • Publishing House Newspaper & Magazine

Location

800 Scott St Wausau, WI 54403
Wausau metro Census 100 WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2021
Last sale
$425,000
1 recorded transaction
2021
$425,000

Zoning & alternative use

M2 · Wausau, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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