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512 S 3rd Avenue
Wausau, WI 54401
MLS #1707507

Commercial
  • 0.45acres
  • 8,408sq ft
$129,900
Est. P&I payment: $496.13/mo
512 S 3rd Avenue, Wausau, WI 54401
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Description for 512 S 3rd Avenue, Wausau, WI 54401
Rare commercial investment property in superb location on corner of Stewart & S. 3rd Ave. With high traffic flow & high visibility, Marjon Motel is located close to convenience store, restaurant & downtown Wausau. Motel has 25 rooms & additional 1500 sq. ft. (approx.) office. The almost .5 acre lot has 30-40 parking spaces. Business usage options include efficiency apartments, extended stay or daily rental units. Call right now to see how this could be the perfect investment possibility for you! The upper level of the motel units have balconies and the separate office building has a night drive-thru for later registrations. Built in 1962, it has 8408 total sq. ft. (approx.) Downtown Wausau is so close that the beautiful Dudley Building can be seen clearly from this location. You can own this business and manage it yourself or hire a manager and just enjoy your investment.
MLS #1707507
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My Notes for MLS #1707507

General Features

  • Building SqFt: 5001-10000
  • Land SqFt: 10001-20000
  • Lot Size: 150X113
  • Number of Acres: 0.45
  • Number of Buildings: 2
  • Number of Stories: 2
  • Number of Units: 26
  • Total SqFt: 8,408
  • Type: Real Estate For Sale
  • Year Built: 1962
  • Zoning: Commercial

Exterior Features

  • Parking: 30-40
  • Roof: Shingle

Utility Features

  • Cooling: Wall
  • Fuel Type: Natural Gas
  • Heating Type: Hot Water
  • Water/Waste: Municipal Water,​Municipal Sewer

Financial Features

  • Foreclosure: No
  • Sale/Rent: For Sale
  • Short Sale: No
  • Tax Amount: $7515

Community Features

  • Municipality: Wausau,​ City of

Miscellaneous Features

  • Construction: Brick,​Stucco,​Vinyl,​Wood,​Metal
  • Miscellaneous: Gas Hot Water Heater,​Utility Master Meter,​Living Area In Building,​Inside Storage,​Security Lighting,​High Visibility
  • Possible Use: Hotel/Motel/B & B,​Mixed Use,​Other
  • Present Use: Other
  • Street Frontage: 100
  • Listing Brokerage: COLDWELL BANKER ACTION

Location

 
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512 S 3rd Avenue
The listing information for 512 S 3rd Avenue, Wausau, WI 54401 was graciously provided by our friends at the listing brokerage, COLDWELL BANKER ACTION

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P&I Payment $496.13
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Greater Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Greater Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing information courtesy of Central WI Multiple Listing Service, Inc. Copyright © 2003 – 2018 Central Wisconsin Multiple Listing Service, Inc. All rights reserved.
Last Updated 01/18/2018 at 3:40pm
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