500 3Rd StWausau, WI 54403

  • Other commercial real estate
  • 1.37 AC
For Lease
$7/SF/YR View listing

Property Details for 500 3Rd St

Lot size
1.37 AC
Zone code
B41
Property type
Other commercial real estate
APN
291-2907-253-0267
APU
29129072530267

Description

CitySquare Office Center, located at 500 N 3rd Street in downtown Wausau, WI 54403, offers a diverse range of office spaces within a Class A, eight-story building totaling 143,435 square feet. Originally constructed in 1976 and extensively renovated in 2016, this property boasts a completely remodeled lobby and common areas. The building caters to various needs, offering executive, creative, coworking, medical, and traditional office spaces, with 22 suites currently available, ranging from 93 to 9,088 square feet. Tenancy is multiple. Amenities include free conference and training rooms, a fitness center equipped with lockers and showers, bike storage, and on-site document storage. Security features include secure building access via after-hours card access. The building's central downtown location provides easy access to shopping, dining, and entertainment options. This professionally managed property presents a unique opportunity for businesses seeking a modern and convenient workspace in the heart of Wausau.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,333,678
    Hospitality
    $11,297,583
    Educational
    $9,399,456
    Medical
    $9,722,718
    Retail
    $14,621,376
500 3Rd St, Wausau, Wisconsin
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Location Insight

City
Wausau
County
Marathon
State
Wisconsin
Latitude
44.9611
Longitude
-89.6283
CBSA code
48140
CBSA name
WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$190,847
$1,250,300
$6,006,100
$7,256,400
-
$1,499,003
$7,200,800
$8,699,803

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