525 FULTON STREET Wausau WI 54403
Commercial/Industrial
$ 149,987.00
- MLS #: 22403637
- Date added: 08/11/24
- Post Updated: 2024-08-11 06:38:12
- Type: Real Estate For Sale
- Status: Active
- Area: 2568 sq ft
- Year built: 1902
Description
The mixed-use building at 525 Fulton St features one apartment upstairs and a vacant restaurant space downstairs, which was formerly occupied by Taqueria Tres Hermanos. This space is currently available for a new tenant. The combined rental income from these properties offers a 7% CAP rate, making it a fantastic investment opportunity. Additionally, the seller pays all utilities for both buildings, enhancing the appeal of this package with its strong rental income potential and recent property improvements. 525 Fulton St – Mixed-Use Building Units: One apartment upstairs (occupied) and a vacant restaurant space downstairs. -Vacancy: The downstairs restaurant space, formerly occupied by Taqueria Tres Hermanos, is currently available for a new tenant. Investment Highlights -Combined Rental Income: Offers a 7% CAP rate, making it a fantastic investment opportunity. Utilities: The seller pays for all utilities for both buildings. Appeal: Strong rental income potential and recent property improvements. For further details or to schedule a viewing, please contact us. The seller holds a WI real estate license.
Location Details
- Municipality: Wausau, City of
- County: Marathon County
- Directions: N 6th St left onto Fulton
- Area Desc: Wausau
Property Details
- CONSTRUCTION: Vinyl,Metal
- # of Stories: 2
- Building Sq Ft: 2001-5000
- Land Sq Ft: 1-10000
- Sale/Rent: For Sale
- Age: 122
- POSSIBLE USE: Retail,Restaurant/Bar,Office,Grocery,Beauty/Barber,Bakery,Catering,Restaurant,Restaurant/Supper Club,Supper Club/Cocktail lnge,Tavern/Bar
- Present Use: Restaurant/Bar
Property Features
- ROOF: Shingle
- HEAT TYPE: Hot Water
- FUEL TYPE: Natural Gas
- Parking: Private,Street Parking
- WATER/WASTE: Municipal Sewer,Municipal Water
Miscellaneous
- Electronic Consent: Yes
Courtesy of
- Office Name: AMAXIMMO LLC
- Contact: Phone: 715-841-0015