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2801 N 7th St

25,638 SF 100% Leased Office Building Wausau, WI 54403 $999,900 ($39/SF)

Investment Highlights

  • Elevator / handicap ramp
  • Mix of offices suites / offices
  • Multiple entry doors
  • Parking area

Executive Summary

Commercial opportunity in Wausau! Offering just shy of 26,000 sq ft, this commercial building offers 5 floors (approx. 5,000 sq ft per floor) with room for a growing business to expand w/ a mix of offices on each floor and ability to separate sections into office suites, equipped with a central staircase and elevator w/ handicap accessibility with the main ramp entry. Mix of offices of varying size, conference rooms, restrooms on each floor, entry reception areas, common mail area and more. Additional income opportunity with leasing unused areas to cover operating costs(please note - some spaces are currently leased, which may be transferable depending on the buyer's intended use). Positioned on a large corner lot (1.09 acres), a quiet area - primarily residential with a senior apartment complex to the north (Forest Park Village) and surrounding single family dwellings. Call for more information!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,638 SF
Building Class
C
Year Built
1962
Price
$999,900
Price Per SF
$39
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,128 SF
Building FAR
0.54
Land Acres
1.09 AC
Zoning
Commercial - Commercial
Parking
25 Spaces (0.98 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Wi-Fi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
291-2907-243-0267
Land Assessment
$118,700
Improvements Assessment
$538,300
Total Assessment
$657,000
  • Listing ID: 29310232

  • Date on Market: 8/18/2023

  • Last Updated:

  • Address: 2801 N 7th St, Wausau, WI 54403

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