Property profile

620 3rd St Wausau, WI 54403

OFF-MARKET
Other commercial real estate
Property ID
US92-0647761
0.07 ac lot Built 1900
Entity Owned Free & Clear
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Property summary

AI-generated overview

A historic mixed-use retail and rental property located in downtown Wausau, Marathon County, on a 0.07-acre lot near the city center and the 400 Block. The building comprises 5,436 square feet total, including 2,760 square feet of commercial space on the main level with exposed ceilings, refinished hardwood floors, brick masonry walls, and tin ceilings. A full, dry basement is included for storage and potential expansion. The upper level contains four updated rental studios, each with a private exterior entrance, newer windows, and updated bathrooms and kitchens. The property is a former retail location and offers a configuration suitable for retail/office use on the main level with attached residential rental studios above.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Lot 0.07 ac (3,223 SF)
Zoning code B41
APN 291-2907-253-0246
UPID US92-0647761

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

620 3rd St Wausau, WI 54403-4831
Wausau metro Census 100 WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2026
4 recorded transactions
2026
$493,000
2011
$90,000
2011
$434,000
1969
Price N/A

Zoning & alternative use

B41 · Wausau, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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