601 32Nd Ave Wausau, WI 54401
- Commercial real estate
- 1.22 lot acres
Current Use by Public Records
- Allied Health Chiropractic Centers: Corporate Office / Sports Medicine Clinic / Chiropractor
- SCOTT M. SNIDER / Nurse Practitioner
- TIMOTHY JON WITTWER / Nurse Practitioner
- Kristie L. Davis, DC / Chiropractor
- Grace E. Zuiker, DC / Chiropractor
Property Details for 601 32Nd Ave
- Year built
- 1976
- Lot size
- 1.22 lot acres
- Zone code
- B2
- Property type
- Commercial real estate
- APN
- 291-2907-331-0987
- APU
- 29129073310987
Description
This single-story, 7,124 square foot Class C medical office building in Wausau, Wisconsin, is offered at $582,500 ($81.77/SF). Currently 50% occupied, this multi-tenant property presents a compelling investment opportunity with a projected 5.00% cap rate. Situated on a 1.22-acre lot (APN 291-2907-331-0987), the building features a desirable location with convenient highway access and ample parking. The property boasts multiple secure offices, two potential entrances for shared space, and a secure, separate basement entrance. Tenants benefit from prominent monument sign placement. The building's corporate feel, enhanced by flagpoles, adds to its curb appeal and locational advantages. The zoning is commercial, allowing for potential expansion. The lease type is NNN. This property offers a blend of immediate income and future growth potential in a thriving Wisconsin market. The building is located at 601 S 32nd Ave, Wausau, WI 54401.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6753
- Latitude
- 44.9579
- CBSA code
- 48140
- CBSA name
- WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA
