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512 S 3rd Ave
Wausau, WI 54401
Marjon Motel · Hospitality Property For Sale · 4,937 SF

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 0.44 AC
Building Size 4,937 SF
No. Stories 2
Year Built 1962
Parking Ratio 4.76/1,000 SF
Corridor Exterior
Zoning B2

Amenities

  • High Speed Internet Access
  • Public Access Wifi

About 512 S 3RD AVE , 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.

Property Taxes

Property Taxes

Parcel Number
291-2907-351-0050
Land Assessment
$329,700
Improvements Assessment
$409,500
Total Assessment
$739,200
  • Listing ID: 11006510

  • Date on Market: 12/18/2017

  • Last Updated:

  • Address: 512 S 3rd Ave, Wausau, WI 54401

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