1002 3Rd AveWausau, WI 54401

Property Details for 1002 3Rd Ave

Year built

1917

Lot size

0.17 AC

Zone code

B2

Property type

Other commercial real estate

APN

291-2907-234-0066

APU

29129072340066

Description

This exceptional opportunity encompasses a thriving, long-established retail business and its accompanying building, located at 1002 S 3RD AVENUE, Wausau, WI. The 4,955 square foot building sits on a 0.34-acre lot and is offered for sale at $300,000. The current business, a family-owned shoe and clothing retailer operating for over 80 years, boasts a loyal customer base and strong brand recognition in Central Wisconsin. The inventory includes well-known brands such as Red Wing Shoes, Sketchers, La Crosse Footwear, and Carhartt, catering to a diverse clientele of sportsmen, hunters, workers, and outdoor enthusiasts. The sale includes the existing inventory, valuable customer lists, and established goodwill, providing a solid foundation for continued success. While the business currently lacks a significant online presence, there's considerable potential for growth in this area. This presents a unique chance to acquire a turnkey operation with a rich history and substantial potential for expansion and modernization. The building itself offers ample space for retail operations and potential for future development or adaptation to other commercial uses. This is a rare opportunity to own a piece of Wausau's commercial history and build upon a legacy of success.

• Alternative Use

  Use

  Valuation

  Residential

  $1,530,420

  Hospitality

  $1,401,857

  Educational

  $1,166,328

  Medical

  $1,206,440

  Retail

  $1,814,288

Location Insight

City

Wausau

County

Marathon

State

Wisconsin

Latitude

44.975

Longitude

-89.6398

CBSA code

48140

CBSA name

WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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