6Th St Wausau, WI 54403
- Mixed-use properties
- 8,079 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 0 6Th St
- Property size
- 8,079 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Wausau, Wisconsin, presents a compelling investment opportunity. Located at the corner of Hwy 52 and 6th Street, across from a new Kwik Trip, this 8,079 square foot assemblage boasts a strategic location with high visibility. The property includes three commercial buildings totaling 8,079 square feet and six residential rental units. The commercial space is comprised of three shops: a south shop (3,139 sq ft) with a 14'10" high bay area and multiple large doors, serviced by 200 amps; a north shop (1,260 sq ft) with 12' high ceilings, two 10'x8' doors, 200 amp service, water and gas meters, and a 4' deep pad for a 1-ton crane; and a main shop (3,680 sq ft) featuring 400 amp service and a boiler, plus a lower level. Currently, the property has 75% occupancy. The varied zoning permits a range of development options, from remodeling the existing structures to constructing a new development. This presents a unique chance for developers to capitalize on the existing commercial buildings while simultaneously improving and leasing the residential units. With strategic investment, this property offers significant potential for growth in both business and value. The asking price is $999,500, with a price per square foot of $123.72. The property's varied year of construction and APN are available upon request. This is a rare opportunity to acquire a substantial mixed-use property in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6233
- Latitude
- 44.9739
