311 Grand AveWisconsin Rapids, WI 54495

  • Other commercial real estate
  • 1.30 AC
For Sale
$500,000 View listing

Property Details for 311 Grand Ave

Lot size
1.30 AC
Property type
Other commercial real estate
APN
3402586
APU
3402586

Description

This exceptional 1.906 - 4,232 square foot executive office building, located at 311 W Grand Ave in Wisconsin Rapids, WI 54495, presents a unique investment opportunity. Situated on a substantial 1.7-acre corner lot, the property boasts ample surface parking and convenient access from all adjacent streets. The existing building features a single floor and includes drive-thru lanes within a separate structure. This versatile property offers significant redevelopment potential for the existing building and its adjacent parking area, making it ideal for expansion or complete transformation. The property's prime location in Wood County provides excellent visibility and accessibility. The 2023 property taxes were $33,082. The property is zoned for retail and office use, currently operating as an executive office space. This is a rare chance to acquire a large, well-located property with significant upside potential in a thriving Wisconsin community. The APN is 34-02586

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,703,529
    Hospitality
    $10,720,370
    Educational
    $8,919,222
    Medical
    $9,225,968
    Retail
    $13,874,345
311 Grand Ave, Wisconsin Rapids, Wisconsin

Location Insight

City
Wisconsin Rapids
County
Wood
State
Wisconsin
Latitude
44.3933
Longitude
-89.8296
CBSA code
49220
CBSA name
WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN 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
$30,588
$174,200
$892,000
$1,066,200
-
-
-
$1,486,200

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