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Property profile

401-405 Central Ave Marshfield, WI 54449

OFF-MARKET
Warehouses
5,001 SF 0.15 ac lot Built 1910
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Property summary

AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a multi-tenant property in Marshfield, Wisconsin's vibrant downtown. The property, located at 401-405 S Central Avenue, comprises two buildings totaling 8,807 net rentable square feet on a 0.15-acre lot (APN 3301103 & 3301101). Constructed in 1910, this two-story structure boasts eight units: three potential commercial spaces on the ground floor (currently configured as two), featuring large display windows ideal for retail businesses, and a rear area previously used as plumbing retail and warehouse space, perfect for businesses needing inventory storage. Upstairs, six residential apartments provide consistent rental income with potential for growth. The property benefits from a dedicated parking lot and enjoys high visibility and foot traffic due to its prime downtown location, near restaurants, shops, a movie theatre, a gas station, and Wenzel Plaza. The permitted zoning is commercial. Financial details, including current rental income and operating expenses, are available upon request. This is a unique blend of commercial and residential spaces, offering a versatile and lucrative investment opportunity. The asking price is $599,900.

Property profile

Verified
Property type Warehouses
Year built 1910
Total area 5,001 SF
Lot 0.15 ac (6,534 SF)

Cap rate & NOI

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

Location

401-405 Central Ave Marshfield, WI 54449
Marshfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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