520 N 28Th Ave, Wausau, WI 54401
For Sale
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This exceptional Class A medical office building, totaling 10,854 square feet, presents a unique investment opportunity in Wausau, Wisconsin. Situated on a 1.5-acre lot at 520 N 28th Ave, this two-story building enjoys a prime location within the Wausau Medical Campus, just blocks from Aspirus Hospital and other medical facilities. Completely renovated in 2022, the property boasts a modern design and numerous upgrades. The main level features eleven private offices, four bathrooms, and a versatile mezzanine. The lower level, previously configured as a childcare center, includes a reception area, three classrooms, a gym, kitchen, nurse's office, two private offices, three bonus rooms, and ample storage. A new fire suppression system, updated mechanicals, and a laundry facility enhance functionality. The well-landscaped exterior provides over 50 parking stalls. Conveniently located near Interstate 39, this property offers easy highway access. The asking price is $1,500,000 ($138.20/sq ft). Potential uses include medical, office, childcare, or educational facilities. The building is currently vacant, allowing for immediate occupancy and customization to suit a buyer's specific needs. This is a rare opportunity to acquire a fully renovated, high-quality medical office building in a thriving medical hub.
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Ashleigh Reimer Physician
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Christine Baker Physician
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Mrs. Josie Kilde Physician
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Mrs. Kelly Orysen Physician
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Dr. Louis Rossetti Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
UDD · Wausau, WIWausau. Always verify with local authorities before improvements.
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.