503 Cherry AveMarshfield, WI 54449

Property Details for 503 Cherry Ave

Lot size

0.88 AC

Property type

Other commercial real estate

APN

3301184A

APU

3301184A

Description

This exceptional commercial property, located at 503 S Cherry Ave, Marshfield, WI 54449, presents a compelling investment opportunity. The 9,948 square foot building sits on a 0.87-acre lot and is currently occupied by four strong tenants with favorable lease agreements, ensuring a steady income stream. The building itself is in excellent condition, boasting two separate vestibule entrances, each providing access to public restrooms for the tenants. This thoughtful design enhances tenant convenience and privacy. Ample parking is available on-site, a significant advantage in a highly desirable location. The property's classification includes both office and land components, offering potential for future expansion or development. The asking price for this turnkey investment is $1,250,000. This property is an ideal acquisition for investors seeking a stable, high-performing asset in a thriving Wisconsin market. The strategic location and strong tenant occupancy make this a truly exceptional opportunity. The property's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. Serious inquiries are encouraged to explore this lucrative opportunity further.

Location Insight

City

Marshfield

County

Wood

State

Wisconsin

Latitude

44.6611

Longitude

-90.1719

CBSA code

49220

CBSA name

WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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