1800 Westwood Center BlvdWausau, WI 54401

  • Other commercial real estate
  • 32.96 AC
For Sale
$3,900,000 View listing

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
1800 Westwood Center Blvd, Wausau, Wisconsin

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

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
$236,425
$2,789,800
$6,436,100
$9,225,900
-
$3,344,731
$7,716,333
$11,061,064

FAQs

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