304 MAIN STREET Active

Marathon,WI 54448

$ 450000

- Bed

- Bath

4450 SqFt


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

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