401 S Central Ave | Marshfield, WI 54449
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401 S Central Ave
Marshfield, WI 54449
Retail Property For Sale
Investment Highlights
- High visibility
- Downtown
- High foot traffic area
- Near major highway
Executive Summary
Discover an exceptional investment opportunity nestled in the heart of downtown Marshfield. This distinctive property seamlessly blends commercial and residential spaces, presenting a versatile asset for savvy investors. Boasting a prime location amidst the vibrant downtown scene, this property enjoys unparalleled visibility and foot traffic.
The property's main level currently houses two commercial spaces, with the potential to expand to three, each featuring expansive display windows. Additionally, the rear space is configured as a plumbing retail and warehouse area, catering perfectly to businesses requiring ample inventory storage.
Upstairs, six residential apartments offer consistent occupancy rates and the promise of rental income growth. Convenience is paramount, and a dedicated large parking lot is available for tenants and customers.
Situated near various amenities, including restaurants, shops, a movie theater, a gas station, and Wenzel Plaza, this property offers unparalleled convenience for both tenants and patrons.
Financial details, including current rental income and operational expenses, are available upon request, showcasing a strong return on investment with ample room for value appreciation. Seize this opportunity to own a piece of downtown Marshfield's thriving real estate landscape and add a lucrative asset to your portfolio. Don't delay – secure your stake in this high-potential investment property today.
The property's main level currently houses two commercial spaces, with the potential to expand to three, each featuring expansive display windows. Additionally, the rear space is configured as a plumbing retail and warehouse area, catering perfectly to businesses requiring ample inventory storage.
Upstairs, six residential apartments offer consistent occupancy rates and the promise of rental income growth. Convenience is paramount, and a dedicated large parking lot is available for tenants and customers.
Situated near various amenities, including restaurants, shops, a movie theater, a gas station, and Wenzel Plaza, this property offers unparalleled convenience for both tenants and patrons.
Financial details, including current rental income and operational expenses, are available upon request, showcasing a strong return on investment with ample room for value appreciation. Seize this opportunity to own a piece of downtown Marshfield's thriving real estate landscape and add a lucrative asset to your portfolio. Don't delay – secure your stake in this high-potential investment property today.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,297 SF
Year Built
1910
Price
$599,900
Price Per SF
$182
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.90
Lot Size
0.08 AC
Zoning
Commercial
Amenities
- Corner Lot
- Air Conditioning
PROPERTY TAXES
Parcel Number | 3301101 | Improvements Assessment | $134,800 |
Land Assessment | $27,100 | Total Assessment | $161,900 |
PROPERTY TAXES
Parcel Number
3301101
Land Assessment
$27,100
Improvements Assessment
$134,800
Total Assessment
$161,900
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