Prime Commercial Location

Retail-Commercial for Sale
Catylist Listing ID: 3848679
Property Subtypes: Street Retail
Building Size (RSF): 5,471 SF
Gross Building Area: See Agent
Gross Land Area: 0.81 Acres
Sale Price: $395,000
Unit Price: $72.20 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/5/2020

Overview / Comments

Highly visible corner business location with 5,471 sq. ft. and already subdivided into 3 separate spaces – each approximately 1,800 sq. ft. with separate electrical, heating & cooling systems. Generous parking, dual access. Northern 1,803 space has built-in drive thru and is plumbed for restaurant usage. Each space has ADA accessible bathroom design.

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $16,266 (Annual)
Tax Value Land $262,400
Tax Value Improvements $657,400
Finance Data Year 2009
Real Estate Taxes - Annual($) $16,266 (Annual)
Tax Value Land $262,400
Tax Value Improvements $657,400

Additional Details

Nearest MSA: Marshfield-Wisconsin Rapids
County: Wood
Tax ID/APN: 3411806
Zoning: COMMERCIAL
Market Type: Medium
Retail Clientele: General, Family, Business, Tourist, Convention
Side of Street: East
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: 8th Street South
Transportation: Highway
Highway Access: 8th Street South/Highway 13
Area Description: Surrounded by many popular, well-established businesses.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,471 SF
Property Condition: Average
Roof Type: Other
Construction/Siding: Concrete
Total Parking Spaces: 20
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Commercial - General
Lot Frontage: 165
Lot Depth: 315
Easements: Utilities
Legal Description: Lots 20 & 21 of the east side annex, Assessors plat #28, located in the NW 1/4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,674 20,731 34,340
Median Age: 44.06 42.55 42.6
Households: 3,564 9,116 14,682
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