401-405 S Central Avenue, Marshfield, WI

$549,900

8,807

Square feet

0.15

Acres

About 401-405 S Central Avenue

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.

Features of 401-405 S Central Avenue

MLS® # 22402333
Price $549,900
Square Footage 8,807
Acres 0.15
Year Built 1910
Type Commercial
Sub-Type For Sale
Status Active

Community Information

Address 401-405 S Central Avenue
Area Marshfield
City Marshfield
County Wood
State WI
Zip Code 54449

Amenities

Parking Assigned, Common, Municipal, Private
Is Waterfront No

Interior

Heating Hot Water, Baseboard, Radiant
Cooling Central, Window, Other
# of Stories 2
Has Basement Yes
Basement Block, Partial, Poured Concrete, Stone

Exterior

Roof Membrane/Rubber
Construction Block, Brick

Additional Information

Date Listed May 14th, 2024
Zoning Commercial
Foreclosure No
Short Sale No
Tax Year 2024
Agent Ashley Fredrick
Office NEXTHOME HUB CITY

Listing Details

OfficeNEXTHOME HUB CITY
Contact InfoPhone: 715-207-9300

Interested in this property?

Request Showing

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?