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Property profile & analytics
OFF-MARKET
Commercial real estate

130 1St St Wausau, WI 54403

20,266 SF Built 1973
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1973
Total area 20,266 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
Current use
Occupant on record · Public records
  • The Unglitch Marketing Studio Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Rise Up Central Wisconsin Charitable Organization Social Service Agency
  • Rotary Club of Wausau Nightclub Music Venue
  • Whitewater Music Hall Brewing Co Bar & Pub Restaurant
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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