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 |
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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 |
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Area | Marshfield |
City | Marshfield |
County | Wood |
State | WI |
Zip Code | 54449 |
Amenities
Parking | Assigned, Common, Municipal, Private |
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Is Waterfront | No |
Interior
Heating | Hot Water, Baseboard, Radiant |
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Cooling | Central, Window, Other |
# of Stories | 2 |
Has Basement | Yes |
Basement | Block, Partial, Poured Concrete, Stone |
Exterior
Roof | Membrane/Rubber |
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Construction | Block, Brick |
Additional Information
Date Listed | May 14th, 2024 |
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Zoning | Commercial |
Foreclosure | No |
Short Sale | No |
Tax Year | 2024 |
Agent | Ashley Fredrick |
Office | NEXTHOME HUB CITY |
Listing Details
Office | NEXTHOME HUB CITY |
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Contact Info | Phone: 715-207-9300 |