401-405 Central Ave Marshfield, WI 54449

Property Details for 401-405 Central Ave

Year built

1910

Lot size

0.15 lot acres

Property size

8,807 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Marshfield

County

WOOD

State

Wisconsin

Longitude

-90.1752

Latitude

44.6638