601 32Nd AveWausau, WI 54401

For Sale
$582,500

7,124 SF Medical Office, 5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
93
This single-story, 7,124 square foot Class C medical office building in Wausau, Wisconsin, is offered at $582,500 ($81.77/SF). Currently 50% occupied, this multi-tenant property presents a compelling investment opportunity with a projected 5.00% cap rate. Situated on a 1.22-acre lot (APN 291-2907-331-0987), the building features a desirable location with convenient highway access and ample parking. The property boasts multiple secure offices, two potential entrances for shared space, and a secure, separate basement entrance. Tenants benefit from prominent monument sign placement. The building's corporate feel, enhanced by flagpoles, adds to its curb appeal and locational advantages. The zoning is commercial, allowing for potential expansion. The lease type is NNN. This property offers a blend of immediate income and future growth potential in a thriving Wisconsin market. The building is located at 601 S 32nd Ave, Wausau, WI 54401.

Highlights

  • Multiple office suites available.
  • High-accessibility location with excellent visibility.
  • Prestigious corporate image.
  • Two shared entrances plus a secure basement entrance.
  • Monument signage opportunities for tenants.

Property Details for 601 32Nd Ave

Property type
Other office properties, Medical offices
Square Feet
7,124 SF
Class
C
Stories
1
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Wausau
County
Marathon
State
Wisconsin
Latitude
44.957828508708
Longitude
-89.676030434441
601 32Nd Ave, Wausau, Wisconsin

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601 32Nd Ave
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