800 Scott St Wausau, WI 54403
- Commercial real estate
- 2.32 lot acres
Current Use by Public Records
- Daily Herald Media Advertising / Marketing Consultant / Media Company
- Frasier's Plumbing, Heating, & Cooling / Electrician / Heating Contractor
- Wausau Daily Herald / Newspaper Publisher
- City Pages Inc / Newspaper Publisher
- Daily Herald Dock Garage / Newspaper Publisher
Property Details for 800 Scott St
- Lot size
- 2.32 lot acres
- Zone code
- M2
- Property type
- Commercial real estate
- APN
- 291-2907-254-0963
- APU
- 29129072540963
Description
This 15,000-square-foot office building, located at 800 Scott Street in Marathon County, presents a unique opportunity. Originally the Wausau Daily Herald building, the property boasts a blend of traditional and creative office spaces, suitable for multiple tenants. The building features a striking 28+ foot high ceiling in the central area, a remnant of its printing press history, while the remaining space offers ceiling heights ranging from 12 to 18+ feet. The building is classified as Class B and was constructed in 1970. The 2.79-acre lot provides ample parking for tenants and visitors. The property is zoned for Medium Industrial use, offering flexibility for various business types. A significant portion of the building is adaptable and can be subdivided to accommodate different tenant needs. The building is fully sprinklered. Landlord participation in tenant improvements is available, with greater participation offered for longer lease terms, allowing for substantial build-out customization. The property's APN is 291-2907-254-0963. This presents a rare chance to acquire a substantial, adaptable office space with a rich history and significant potential for redevelopment or continued use as a multi-tenant office building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $375,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $450,000
- Retail
- $420,000
- Mixed-Use
- $405,000
- Hospitality
- $465,000
- Educational
- $495,000
- Residential Income
- $370,000
- Energy
- $445,000
- Income-Based Land
- $405,000
- Food Service
- $415,000
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6191
- Latitude
- 44.9615
- CBSA code
- 48140
- CBSA name
- WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA