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Marathon,WI 54448
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,450 sqft
Price per Sqft $101
MLS Listing ID 22501914
Year Built 1920
Annual Tax Amount $5,202
Tax Year 2024
Property Sub-Type Real Estate For Sale
Property Description
Fantastic investment opportunity. Take a look at this well know building in the heart of popular Village of Marathon's downtown district. This well established restaurant/3 unit apartment building is available.
Location
State WI
County Marathon County
Area Wausau
Zoning Commercial,Multi-Family,Residential
Rooms
Other Rooms 5
Interior
Heating Forced Air
Cooling Central,Other
Exterior
Roof Type Membrane/Rubber
Building
Lot Description The building hosts a current family restaurant (Formally called the Village Inn) with recently renewed annual lease on the street level. Owner of building owns all associated restaurant equipment and furniture and all is included in the sale. All equipment is in good to excellent condition. The tenant in the restaurant is well established. The building also houses 3 upper level apartments. Unit 1 features 3 bedrooms, 1 full bath and is approximately 700 square feet. Unit 2, just completely remodeled, features 2 bedroom, 2 full baths and private laundry, and is 650 square feet. Unit 3 features 2 bedrooms, 1 full bath and is 650 square feet. A Shared laundry facility is available for units 1 and 3. Monthly rents are 4700.00. All leases were just renewed for an additional 12 months.
Story 2
Sewer Municipal Water
Water Municipal Water