709 20Th AveWausau, WI 54401

  • Other commercial real estate
  • 0.91 AC
For Sale
$425,000 View listing

Property Details for 709 20Th Ave

Lot size
0.91 AC
Zone code
M1
Property type
Other commercial real estate
APN
291-2907-341-0835
APU
29129073410835

Description

This exceptional commercial property, located at 709 S 20th Ave in Wausau, Wisconsin, presents a unique investment opportunity. The former Riiser Oil Corporate headquarters, this 20,000 square foot building offers a versatile blend of executive office space and warehouse facilities. Situated on a 0.9-acre lot in Marathon County (zip code 54401), the property boasts a strategic location within the city of Wausau. The asking price is $425,000, translating to a competitive price per square foot of $21.25. The property's substantial size and flexible layout make it ideal for a variety of businesses seeking a prominent presence in Wausau. Whether your needs are primarily office-based or require significant warehouse space, this property offers the adaptability to accommodate diverse operational requirements. Its convenient location provides easy access to major transportation routes and essential amenities, enhancing its overall appeal and potential for growth. This is a rare opportunity to acquire a well-established commercial property in a thriving Wisconsin market. The property is ready for immediate occupancy and offers significant potential for return on investment. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,165,479
    Hospitality
    $7,479,535
    Educational
    $6,222,885
    Medical
    $6,436,900
    Retail
    $9,680,044
709 20Th Ave, Wausau, Wisconsin

Location Insight

City
Wausau
County
Marathon
State
Wisconsin
Latitude
44.9548
Longitude
-89.66
CBSA code
48140
CBSA name
WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,863
$197,500
$775,500
$973,000
-
$236,786
$929,758
$1,166,544

FAQs

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