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Property profile & analytics
OFF-MARKET
Commercial real estate

401-405 Central Ave Marshfield, WI 54449

8,807 SF 0.15 ac lot Built 1910
Property ID
Property summary
AI-generated overview

This exceptional 8,807 square foot commercial property, situated on a 0.15-acre lot at 401-405 S Central Avenue in Marshfield, Wisconsin, presents a compelling investment opportunity. The prime downtown location boasts high visibility and foot traffic, ensuring strong tenant demand. The main level currently features two commercial spaces, easily adaptable into three, each benefiting from large display windows ideal for retail businesses. A rear space, previously used as plumbing retail and warehouse, offers ample storage. Upstairs, six residential apartments provide consistent rental income with potential for future growth. A dedicated, sizable parking lot caters to tenants and customers. The property's strategic location offers convenient access to numerous amenities, including restaurants, shops, a movie theatre, a gas station, and Wenzel Plaza. This versatile property combines the benefits of commercial and residential income streams, offering a strong return on investment and significant potential for value appreciation. Detailed financial information, including current rental income and operating expenses, is available upon request. This is a rare chance to acquire a thriving, multi-faceted property in the heart of a vibrant Wisconsin community. Don't miss this opportunity to secure a profitable addition to your real estate portfolio. The asking price is $599,900.

Property profile
Verified
Property type Commercial real estate
Year built 1910
Total area 8,807 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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