401-405 Central Ave Marshfield, WI 54449
- Warehouses
- 5,001 SF
- 0.15 lot acres
Current Use by Public Records
- Warehouses
Property Details for 401-405 Central Ave
- Year built
- 1910
- Lot size
- 0.15 lot acres
- Property size
- 5,001 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
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
- Marshfield
- County
- Marshfield
- State
- Wisconsin
- Longitude
- -90.1753
- Latitude
- 44.6639
