130 1St St Wausau, WI 54403
This exceptional 20,266 square foot commercial property, located at 130 N 1ST STREET in the heart of downtown Wausau, WI, presents a unique investment opportunity. Originally constructed as a Masonic Lodge, this newly renovated building boasts a rich history and modern amenities. The main floor features a grand hall and a separate lounge area, capable of hosting up to 299 people, making it ideal for a variety of uses. A full bar, coffee shop, and commercial kitchen, complete with a brew house, are situated on the upper floor. Three convenient entrances on River Drive provide excellent accessibility. The building offers stunning views of Rib Mountain. Currently, most of the space is leased, with existing tenants expressing a strong desire to remain. A third-floor mezzanine provides valuable storage and utility space. This centrally located property benefits from high traffic volume, ensuring strong visibility and potential for continued success. The combination of historical charm and modern updates makes this a truly remarkable commercial offering. The property sits on a 0-acre lot at the corner of River Drive and 1st Street. The asking price is $12 million.
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The Unglitch Marketing Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
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Rise Up Central Wisconsin Charitable Organization Social Service Agency
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Rotary Club of Wausau Nightclub Music Venue
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Whitewater Music Hall Brewing Co Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.