840 S 3rd Ave
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840 S 3rd Ave
3,913 SF Retail Building Wausau, WI 54401 $319,900 ($82/SF)
Investment Highlights
- High traffic corner lot
- Partially finished basement with bathroom
- Living quarters upstairs or rental opportunity
Executive Summary
Attention entrepreneurs! Looking to own your own business? This established floral & gift shop is a turn-key business opportunity with over $100K in inventory / supplies included in the sale (including the delivery van), and an upper level 2-bedroom apartment (currently vacant), but historically produces great additional passive income. The property sits on a high-traffic corner lot in the City of Wausau on N 3rd Ave with 3-stall parking along the side of the building (plus room for 2-3 vehicles along the back), and features a 27-ft X 22-ft attached garage (heated with 9.5-ft ceilings and an 8-ft overhead garage door), plus a 9-ft X 21-ft finished storage room (also heated). Inside features a boutique storefront with large display windows, large display cooler for flower displays / cold storage, and front register / desk for transactions. Spacious back office / work station with multiple desk spaces for day-to-day clerical / computer work. Partially finished lower level with additional work space or clean storage, lower level half bath, plus additional storage in the unfinished portion of the basement. The upper level features a 2-bedroom, 1-bath apartment with a functional kitchen (included appliances), a huge living room and 2 large bedrooms! Includes the washer / dryer (accessible from the upper hallway just outside of the unit). Endless possibilities for growth / expansion, or offers a great footprint for a fresh business endeavor. Call for more information today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,913 SF
Building Class
C
Year Built
1908
Price
$319,900
Price Per SF
$82
Tenancy
Single
Building Height
2 Stories
Building FAR
0.73
Land Acres
0.12 AC
Zoning
Commercial
Parking
6 Spaces (1.53 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Security System
- Air Conditioning
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
Parcel Number | 291-2907-351-0145 | Improvements Assessment | $120,400 |
Land Assessment | $43,200 | Total Assessment | $163,600 |
PROPERTY TAXES
Parcel Number
291-2907-351-0145
Land Assessment
$43,200
Improvements Assessment
$120,400
Total Assessment
$163,600
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840 S 3rd Ave
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