503 Cherry AveMarshfield, WI 54449

For Sale
$1,250,000

9,948 SF Office, Land Investment

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 503 S Cherry Ave, Marshfield, WI 54449, presents a compelling investment opportunity. The 9,948 square foot building sits on a 0.87-acre lot and is currently occupied by four strong tenants with favorable lease agreements, ensuring a steady income stream. The building itself is in excellent condition, boasting two separate vestibule entrances, each providing access to public restrooms for the tenants. This thoughtful design enhances tenant convenience and privacy. Ample parking is available on-site, a significant advantage in a highly desirable location. The property's classification includes both office and land components, offering potential for future expansion or development. The asking price for this turnkey investment is $1,250,000. This property is an ideal acquisition for investors seeking a stable, high-performing asset in a thriving Wisconsin market. The strategic location and strong tenant occupancy make this a truly exceptional opportunity. The property's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. Serious inquiries are encouraged to explore this lucrative opportunity further.

Highlights

  • 9,948 SF building on a 0.87-acre lot in Marshfield, WI.
  • Four strong tenants with favorable lease agreements provide a stable income stream.
  • Excellent condition with two separate vestibule entrances and ample on-site parking.
  • Office and land components offer potential for future expansion.
  • Asking price: $1,250,000.

Property Details for 503 Cherry Ave

Property type
Other office properties, Other land
Square Feet
9,948 SF
Lot Size (sq. ft)
37,897 SF

Location Insight

City
Marshfield
County
Wood
State
Wisconsin
Latitude
44.6611762
Longitude
-90.1716596
503 Cherry Ave, Marshfield, Wisconsin

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503 Cherry Ave
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