405 S Central Ave
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405 S Central Ave
3,611 SF 100% Leased Retail Building Marshfield, WI 54449 $599,900 ($166/SF)
Investment Highlights
- Business district
- High traffic area
- High visibility
- Near major highway
Executive Summary
Explore an extraordinary investment prospect nestled in the heart of downtown Marshfield. This exceptional property seamlessly combines commercial and residential spaces, making it a dynamic asset for any investment portfolio. Positioned in the lively downtown district, it enjoys optimal visibility and foot traffic, setting the stage for attracting commercial and residential tenants and ensuring steady demand and occupancy.
The main level presents the opportunity for three commercial spaces, currently configured as two, each boasting large display windows. The rear space is also tailored for plumbing retail and warehouse needs, catering perfectly to businesses requiring ample inventory storage.
Upstairs, six residential apartments offer consistent occupancy rates and the promise of rental income growth. With a dedicated large parking lot for tenants and customers, convenience is prioritized.
Conveniently located near restaurants, shops, a movie theater, a gas station, and the Wenzel Plaza, this property offers unmatched accessibility for tenants and patrons alike.
Financial details, including current rental income and operating expenses, are available upon request, showcasing a robust return on investment with ample potential for value appreciation. Seize the opportunity to own a slice of downtown Marshfield's thriving real estate market with this versatile and promising investment property. Don't hesitate – take action now to secure a profitable addition to your real estate portfolio.
The main level presents the opportunity for three commercial spaces, currently configured as two, each boasting large display windows. The rear space is also tailored for plumbing retail and warehouse needs, catering perfectly to businesses requiring ample inventory storage.
Upstairs, six residential apartments offer consistent occupancy rates and the promise of rental income growth. With a dedicated large parking lot for tenants and customers, convenience is prioritized.
Conveniently located near restaurants, shops, a movie theater, a gas station, and the Wenzel Plaza, this property offers unmatched accessibility for tenants and patrons alike.
Financial details, including current rental income and operating expenses, are available upon request, showcasing a robust return on investment with ample potential for value appreciation. Seize the opportunity to own a slice of downtown Marshfield's thriving real estate market with this versatile and promising investment property. Don't hesitate – take action now to secure a profitable addition to your real estate portfolio.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,611 SF
Year Built
1945
Price
$599,900
Price Per SF
$166
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.98
Lot Size
0.08 AC
Zoning
Commercial
Amenities
- Corner Lot
- Air Conditioning
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 3301101 | Total Assessment | $161,900 (2023) |
| Land Assessment | $27,100 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $134,800 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
3301101
Land Assessment
$27,100 (2023)
Improvements Assessment
$134,800 (2023)
Total Assessment
$161,900 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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405 S Central Ave
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