For Sale
$599,900

401-405 Central AveMarshfield, WI 54449

High-yield commercial & residential property

Overview

Added:
Feb 3
Days on market:
63
This exceptional 8,807 square foot commercial property, situated on a 0.15-acre lot at 401-405 S Central Avenue in Marshfield, Wisconsin, presents a compelling investment opportunity. The prime downtown location boasts high visibility and foot traffic, ensuring strong tenant demand. The main level currently features two commercial spaces, easily adaptable into three, each benefiting from large display windows ideal for retail businesses. A rear space, previously used as plumbing retail and warehouse, offers ample storage. Upstairs, six residential apartments provide consistent rental income with potential for future growth. A dedicated, sizable parking lot caters to tenants and customers. The property's strategic location offers convenient access to numerous amenities, including restaurants, shops, a movie theatre, a gas station, and Wenzel Plaza. This versatile property combines the benefits of commercial and residential income streams, offering a strong return on investment and significant potential for value appreciation. Detailed financial information, including current rental income and operating expenses, is available upon request. This is a rare chance to acquire a thriving, multi-faceted property in the heart of a vibrant Wisconsin community. Don't miss this opportunity to secure a profitable addition to your real estate portfolio. The asking price is $599,900.

Property Details for 401-405 Central Ave

Property type
Square Feet
8,807 SF
Year Built
1910
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Marshfield
County
WOOD
State
Wisconsin
Latitude
44.66381
Longitude
-90.17522
401-405 Central Ave, Marshfield, Wisconsin

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401-405 Central Ave
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