401-405 S CENTRAL AVENUE Active Save Request In-Person Tour Request Virtual Tour
Marshfield,WI 54449
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 8,807 sqft
Price per Sqft $62
MLS Listing ID 22402333
Year Built 1910
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Real Estate For Sale
Property Description
Discover a rare and lucrative investment opportunity in the heart of downtown Marshfield. This unique property offers a blend of commercial and residential spaces, making it a versatile addition to any investment portfolio. This property is situated in the bustling downtown area and enjoys high visibility and high foot traffic. The location is ideal for attracting commercial and residential tenants, ensuring consistent demand and occupancy. Potential for three commercial spaces on the main level (currently set up as two), all with large display windows. The rear space was set up as a plumbing retail and warehouse space, making it ideal for businesses requiring inventory space. The upstairs features six residential apartments, with consistent occupancy and potential for rental growth income. Dedicated large parking lot for tenants and customers. Close proximity to restaurants, shops, a movie theatre, a gas station, and the Wenzel Plaza. Financial information, including current rental income and operating expenses, is available upon request.
Location
State WI
County Wood County
Area Marshfield
Zoning Commercial
Interior
Heating Hot Water,Baseboard,Radiant
Cooling Central,Other,Window
Exterior
Roof Type Membrane/Rubber
Building
Lot Description This property offers a strong return on investment with room for value appreciation. Embrace the chance to own a piece of downtown Marshfield with this versatile, high-potential investment property. Act now to secure a profitable addition to your real estate portfolio.
Story 2
Sewer Municipal Sewer,Municipal Water
Water Municipal Sewer,Municipal Water