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100 Grand Ave

Wausau, WI 54403
  • $560,000
  • STATUS: Active
  • ON SITE: 164 Days
  • ID#: 1932267
$560,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $373
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1963
County:
Area:

School Ratings & Info

Listing courtesy of Jb Roberts Jr & Company

Description

Perfect hands-off NNN investment property in downtown Wausau. Great for first-time investor looking to get started in commercial investing, or for a seasoned investor looking for a small 1031 exchange opportunity. Six years remaining on lease with tenant who has occupied the property for 20 years. Cap rate is approximately 7.0%.

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© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Huffaker Group | Keller Williams Realty. Data last updated: 2022-10-01T23:41:31.59.
www.thgmadison.com/homes/127891975
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100 Grand Ave Wausau, WI 54403

  • Price: $560,000
  • Status: Active
  • On Site: 164 Days
  • ID#: 1932267
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1,500
SQFT
$373
$/SQFT
1963
Built
Neighborhood:
Other In Wi
County:
Marathon
Area:
Other In Wi
Property Description
Perfect hands-off NNN investment property in downtown Wausau. Great for first-time investor looking to get started in commercial investing, or for a seasoned investor looking for a small 1031 exchange opportunity. Six years remaining on lease with tenant who has occupied the property for 20 years. Cap rate is approximately 7.0%.
Exterior Features

Building Parking 11-20 SpacesOnsitePaved Exterior Block Loading Docks 0 Location Business DistrictFree StandingCornerNear Public Transportatn Roof All FlatRubber/Membrane Type Retail

Interior Features

Ceiling Height Max 10 Ceiling Height Min 10 Heating Cooling Forced AirCentral Air Unit1 Gross Sq Ft 1500

Property Features

Annual Operating Expenses 0 Business Sale No City Town Or Village City County Quarter Other in Wisconsin Fuel Natural Gas Gross Operating Income 0 Lease Only No Lease Type Triple NetMultiple Years Mailing City Wausau Net Operating Income 39804 Net Taxes 9775 Present Use Service Real Estate Sale Yes Sale Includes N/A Source Sq Ft Seller Tax Year 2021 Tenant Pays TaxesHeatAir ConditioningElectricWaterSewerInsuranceJanitorialTrash ServicesSnow Removal Unit1 Annual Rent Per Sq Ft 26.53 Water Waste Municipal WaterMunicipal Sewer Year Built Source Seller Zoning Commercial

Listing information © 2022 South Central Wisconsin MLS.
Listing provided courtesy of Jb Roberts Jr & Company: brianroberts1967@gmail.com.



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Huffaker Group | Keller Williams Realty. Data last updated: 2022-10-01T23:41:31.59.
 
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The Huffaker Group | Keller Williams Realty
555 Zor Shrine Pl., Suite 100
Madison WI, 53719
Listing courtesy of Jb Roberts Jr & Company