For Sale
$600,000

202 Forest StWausau, WI 54403

Prime Retail/Commercial Land, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional opportunity presents two vacant lots totaling .27 to .82 acres in the heart of downtown Wausau, Wisconsin. Ideally situated across from HOM Furniture and the new Children's Imaginarium, this property boasts a prime location within a rapidly revitalizing area. The site is adjacent to established businesses including Anytime Fitness, McDonald's, and the U.S. Post Office, ensuring high visibility and foot traffic. The property benefits from its proximity to the Marathon County Courthouse and a significant redevelopment zone, promising substantial future growth. With a permitted DPMU (Downtown Periphery Mixed Use) zoning, the land offers flexibility for a variety of commercial developments, including build-to-suit options. The combined lot size offers 47,480 square feet, priced at $12.64 per square foot for a total asking price of $600,000. The property features a 1983 construction date with renovations completed in 2019. This presents a unique chance to capitalize on Wausau's ongoing urban renewal, creating a thriving business in a vibrant and evolving downtown setting. Build-to-suit options are available, with potential for drive-through capabilities and demising from 1,600 to 5,200 square feet. The property's strategic location within a revitalized area, coupled with its flexible zoning and build-to-suit potential, makes it an attractive investment for developers and businesses seeking a prominent presence in a growing Wisconsin city.

Highlights

  • Two vacant lots totaling 0.27 to 0.82 acres for sale in downtown Wausau, WI.
  • Prime location across from HOM Furniture and the new Children's Imaginarium.
  • High visibility site adjacent to Anytime Fitness, McDonald's, and the U.S. Post Office.
  • Located near a redevelopment zone and the Marathon County Courthouse.
  • DPMU (Downtown Periphery Mixed Use) zoning allows for flexible commercial development.
  • Build-to-suit options available, with potential for drive-through and demising from 1,600 to 5,200 square feet.

Property Details for 202 Forest St

Property type
Retail properties, Land
Square Feet
47,480 SF
Year Built/Renovated
1983/2019
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Wausau
County
Marathon
State
Wisconsin
Latitude
44.956798
Longitude
-89.627534
202 Forest St, Wausau, Wisconsin

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202 Forest St
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