327 S CENTRAL AVENUE Marshfield WI 54449
    $ 189,900.00

    • MLS #: 22231205
    • Date added: 04/17/23
    • Post Updated: 2023-07-21 02:23:05
    • Type:
    • Status:
    • Area: 3297 sq ft
    • Lot Size: 21x157
    • Year built: 1946

    Description

    If cash flow is what you are after…this property may be for you! Great building with high visibility right in the heart of Marshfield on Central Ave! Upstairs has 3 studio units w/stable rents $512, $512 & $550 and in very good condition. Main floor is at $930.00 monthly with long-term tenant w/good rent history as well. Close to shopping, restaurants as well as Wenzel Family Plaza. Several improvements have been made over the past few years and the building is in excellent condition! Recent updates: 10/20-Unit B new refrigerator, 2/21-Unit A cosmetic reno, 4/21-Unit B cosmetic reno, 4/21-store new NG furnace, 5/21-roof tech system applied to entire building roof. As you can see the owner has tremendous pride of ownership. This is a great investment property!

    Rooms&Units Description

    • Number of Units: 4

    Location Details

    • Municipality: Marshfield, City of
    • County: Wood County
    • Directions: 300 Block Central Ave
    • Area Desc: Marshfield
    • LOCATION: Business District,Near Major Highway
    • ZONING: Commercial Commercial

    Property Details

    • CONSTRUCTION: Brick
    • # of Stories: 2
    • # of Buildings: 1
    • Building Sq Ft: 2001-5000
    • BUILDING TYPE: 2 Story
    • Land Sq Ft: 1-10000
    • Sq Footage Retail:: 1286
    • Sq Footage Other:: 2011
    • Number of Acres: 0.08
    • Sale/Rent: For Sale
    • Annual Rent: 28176
    • LEASE TYPE: Annual
    • Age: 77
    • POSSIBLE USE: Retail,Restaurant/Bar,Office,Business,Bakery,Specialty/Gift Shop
    • Present Use: Retail

    Property Features

    • Street Frontage: Y
    • ROOF: Flat,Membrane/Rubber
    • HEAT TYPE: Forced Air,Baseboard
    • FUEL TYPE: Electric,Natural Gas
    • COOLING: Central
    • ELECTRICAL/COMMUNICATIONS: 200 AMP
    • Parking: Off Site,Street Parking
    • WATER/WASTE: Municipal Sewer,Municipal Water
    • Waterfront: No

    Fees&Taxes

    • Tax Amount: $ 2,851.80
    • Tax Year: 2022

    Miscellaneous

    • MISCELLANEOUS: Gas Hot Water Heater,Living Area In Building,Inside Storage,Display Window,High Traffic Location,High Visibility,Alley,Signage Available
    • Electronic Consent: Yes
    • SALE INCLUDES: Lease(s)
    • TENANT PAYS: Electric
    • LICENSES: None

    Courtesy of

    • Office Name: CENTURY 21 GOLD KEY
    • Contact: Phone: 715-387-2121