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Property profile & analytics

601 Frst St Wausau, WI 54403-5524

  • Commercial real estate
  • 1.55 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-2049331
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wisconsin Automotive & Truck Education Association / Charitable Organization / Social Service Agency
  • Olson Tire & Auto Service Inc / Auto Repair Shop
  • Subway / Take-out & Catering

Property Details for 601 Frst St

Lot size
1.55 lot acres
Zone code
B2
Property type
Commercial real estate
APN
291-2907-362-0516
APU
29129073620516

Description

This exceptional 2,112 square foot commercial space is ideally situated in the heart of downtown Wausau at 601 Forest Street. Boasting a highly visible and high-traffic location, this property presents a fantastic opportunity for a diverse range of businesses. Located within the Olson Tire and Auto building, the space offers ample parking for customers, a significant advantage in a busy downtown area. The property includes all snow removal services, eliminating a significant operational burden for the tenant. An attractive outdoor seating area is also available, perfect for businesses that benefit from customer interaction outside the main building. The current asking price is $2,500. All existing equipment and furniture are included in the sale, providing a turnkey solution for prospective tenants. The owner is open to customizing the space to meet the specific needs of a new business, offering a build-out option to tailor the property to a tenant's requirements. The versatility of this space makes it suitable for a variety of uses, including but not limited to: breakfast or coffee shops, small retail stores, bakeries, nail salons, hair studios, cigar shops, or tattoo studios. This is a rare opportunity to establish a business in a prime downtown Wausau location with significant advantages.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Wausau
County
Marathon
State
Wisconsin
Longitude
-89.6233
Latitude
44.9565
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
$56,340
$716,100
$1,479,400
$2,195,500
-
$858,543
$1,773,674
$2,632,217
More about this property
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