Listed by Lee & Associates - Madison
$600,000
202 S. 4th St. and 321 Forest St
Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 47,480
Tenancy Vacant
Price per SqFt $13
Year Built 1983
Year Renovated 2019
Acreage 0.27 - 0.82
Zoning DPMU - Downtown Periphery Mixed Use
Vacant Land Sale/Build to Suit 202 S. 4th St. and 321 Forest St., Wausau, WI
Marketing description
Downtown Wausau is undergoing impressive changes. Nearly 10 acres where the Wausau Center mall stood since 1983 are being transformed under the direction of Wausau Opportunity Zone (WOZ). The mall was demolished in 2021 to make way for muchneeded urbanization, including quality retail and commercial space and affordable housing. Two parking ramps and HOM Furniture remain. The brand-new Children’s Imaginarium opened in December of 2023 next to HOM Furniture. These two buildings are directly facing the parcel for sale. In addition, Aspirus Family Physician Clinic opened on Third Street in 2022, the Woodson YMCA had a major renovation in 2019 and the award-winning Wausau River District has evolved as a popular destination for entertainment, arts, business and residential development. The redevelopment plan is on course to produce a vibrant city center with pedestrianfriendly streetscapes for Wausau residents to live, work and play.
Investment highlights
- Two lots available for sale in downtown Wausau, WI. Available lot sizes are .82 and .27 acres
- Located across from HOM Furniture Store and new Children’s Imaginarium
- Adjacent to Anytime Fitness, McDonald’s and U.S. Post Office
- Near redevelopment zone (see page 4) and Marathon County Courthouse
- Zoning DPMU - Downtown Periphery Mixed Use
- Build to suit with drive through; also available for lease. Could be demised from 1,600-5,200 sq. ft. Contact Broker for lease terms.
Listing Contacts
Listed by Lee & Associates - Madison
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