1800 Westwood Center BlvdWausau, WI 54401
- Other commercial real estate
- 32.96 AC
Property Details for 1800 Westwood Center Blvd
- Lot size
- 32.96 AC
- Zone code
- UDD
- Property type
- Other commercial real estate
- APN
- 291-2907-271-0946
- APU
- 29129072710946
Description
This exceptional 242,701 square foot hospitality property, situated on a stunning 37.27-acre wooded bluff overlooking the Wisconsin River Valley, presents a unique investment opportunity. Located in Wausau, WI, at 1800 Westwood Center Blvd (54401), this three-story, 1980-built hotel boasts high visibility and convenient access to Highway 51. The property features a fully sprinklered system, loading dock, and elevators, ensuring operational efficiency. Currently configured with abundant office space, well-maintained indoor and outdoor dining facilities, an auditorium, and 17 state-of-the-art meeting rooms with individual climate control and large windows, it's ideally suited for a variety of uses, including corporate headquarters, retreat centers, office/institutional campuses, or large group gathering venues. A significant asset is a separate 10,000+ square foot meeting/event facility, a replica of Wausau's Grant Street Train Depot. The property's prime location offers proximity to Aspirus Wausau Hospital & Medical Campus, shopping, restaurants, major schools, and professional services. Two existing tenants, Aspirus (37,213 SF, lease expiring 2/28/26) and Liberty Mutual (7,766 SF, lease expiring 7/31/27), currently occupy portions of the space. The asking price is $3,900,000, translating to $16.07 per square foot. The property is zoned commercial and has an APN of 291-2907-271-0946
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $296,729,568
- Hospitality
- $271,802,688
- Educational
- $226,136,640
- Medical
- $233,913,824
- Retail
- $351,768,096
Location Insight
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Latitude
- 44.9732
- Longitude
- -89.6589
- CBSA code
- 48140
- CBSA name
- WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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