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300 N 6th St 4,163 SF Retail Building Wausau, WI 54403 $1,350,000 ($324.29/SF) 10.85% Cap Rate
Investment Highlights
- Primary downtown Wausau location with strong visibility and established traffic patterns.
- Adjacent to Foundry on 3rd — over 150 luxury apartments and new commercial space.
- Offered dark with a going-in yield of over 10% and near-term upside.
- Value-add opportunity to re-tenant, redevelop, or reposition the former Burger King.
- Growing downtown residential population creating a larger consumer base.
- Signalized hard corner with multiple points of access and excellent visibility.
Executive Summary
Broker Of Record
Matt Fitzgerald
Matthews Real Estate Investment Services, Inc
51983-90, 938105-91 (WI)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Matt Fitzgerald
Matthews Real Estate Investment Services, Inc
51983-90, 938105-91 (WI)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,163 SF
Building Class
C
Year Built
1987
Price
$1,350,000
Price Per SF
$324.29
Cap Rate
10.85%
NOI
$146,434
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.58 AC
Opportunity Zone
Yes
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 291-2907-362-0201 | Improvements Assessment | $435,100 |
| Land Assessment | $382,700 | Total Assessment | $817,800 |
Property Taxes
Parcel Number
291-2907-362-0201
Land Assessment
$382,700
Improvements Assessment
$435,100
Total Assessment
$817,800
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