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Listed by ASHLEY FREDRICK • NEXTHOME HUB CITY
$579,900
Est. payment /mo
8,807 SqFt
Active
401-405 S CENTRAL AVENUE Marshfield, WI 54449
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UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001 or more
Square Footage 8,807 sqft
Price per Sqft $65
Municipality MARSHFIELD
MLS Listing ID 22402333
Year Built 1910
Building Age 21+ Years
Annual Tax Amount $9,222
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
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 andenjoys 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 consistentoccupancy and potential for rental growth income. Dedicated large parking lot for tenantsand 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.,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.
Location
State WI
County Wood
Zoning Commercial
Direction Corner of Central & 4th
Interior
Heating Natural Gas
Cooling Hot Water, Baseboard, Radiant, Radiant/Electric, Central Air, Window/wall AC
Exterior
Roof Type Rubber/Membrane,Rubber/Membrane
Building
Sewer Municipal Water, Municipal Sewer
Structure Type Brick,Brick/Stone
New Construction N
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