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Mead Witter Block 230 W Grand Ave 6,226 SF Retail Building Wisconsin Rapids, WI 54495 $275,000 ($44.17/SF)



Investment Highlights
- Long Term Tenants
- Major Street/Sidewalk Project Complete
- Mostly Year to Year Leases
Executive Summary
For 100 years the Mead Witter Block has been an iconic symbol of commercial real estate in Wisconsin Rapids. This two-story Gothic Revival offers retail and office space in a prime downtown location. Continued maintenance updates and a strong history of long-term tenants provide a stable investment opportunity.
Property is being offered as 4 different options:
Entire building, 230 W. Grand Ave. (40,000 sq. ft.) $1,295,000;
210 W. Grand Ave. (15,346 sq. ft.) $550,000;
240 W. Grand Ave. (15,015 sq. ft.) $540,000;
264 W. Grand Ave. (6,226 sq. ft.) $275,000.
Each option includes the main level retail space and the upper-level space directly above.
Contact listing office for financials.
Property is being offered as 4 different options:
Entire building, 230 W. Grand Ave. (40,000 sq. ft.) $1,295,000;
210 W. Grand Ave. (15,346 sq. ft.) $550,000;
240 W. Grand Ave. (15,015 sq. ft.) $540,000;
264 W. Grand Ave. (6,226 sq. ft.) $275,000.
Each option includes the main level retail space and the upper-level space directly above.
Contact listing office for financials.
Property Facts
Sale Type
Investment
Sale Condition
REO Sale
Property Type
Retail
Building Size
6,226 SF
Building Class
B
Year Built
1924
Price
$275,000
Price Per SF
$44.17
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.81 AC
Zoning
Commercial - Commercial/Mixed Use Housing
Frontage
262’ on W. Grand Ave
Amenities
- Corner Lot
- Restaurant
- Storage Space
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 34-02455 | Improvements Assessment | $1,125,500 |
| Land Assessment | $174,100 | Total Assessment | $1,299,600 |
Property Taxes
Parcel Number
34-02455
Land Assessment
$174,100
Improvements Assessment
$1,125,500
Total Assessment
$1,299,600
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Mead Witter Block | 230 W Grand Ave
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