601 32Nd AveWausau, WI 54401

Property Details for 601 32Nd Ave

Year built

1976

Lot size

1.22 AC

Zone code

B2

Property type

Other commercial real estate

APN

291-2907-331-0987

APU

29129073310987

Description

This single-story, 7,124 square foot Class C medical office building in Wausau, Wisconsin, is offered at $582,500 ($81.77/SF). Currently 50% occupied, this multi-tenant property presents a compelling investment opportunity with a projected 5.00% cap rate. Situated on a 1.22-acre lot (APN 291-2907-331-0987), the building features a desirable location with convenient highway access and ample parking. The property boasts multiple secure offices, two potential entrances for shared space, and a secure, separate basement entrance. Tenants benefit from prominent monument sign placement. The building's corporate feel, enhanced by flagpoles, adds to its curb appeal and locational advantages. The zoning is commercial, allowing for potential expansion. The lease type is NNN. This property offers a blend of immediate income and future growth potential in a thriving Wisconsin market. The building is located at 601 S 32nd Ave, Wausau, WI 54401.

• Alternative Use

  Use

  Valuation

  Residential

  $10,983,271

  Hospitality

  $10,060,617

  Educational

  $8,370,315

  Medical

  $8,658,183

  Retail

  $13,020,490

Location Insight

City

Wausau

County

Marathon

State

Wisconsin

Latitude

44.9579

Longitude

-89.6753

CBSA code

48140

CBSA name

WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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