515 S 32nd Ave - Medical FOR SALE


Wausau, WI 54401
$389,000 USD
715-297-1953
515 S 32nd Ave, Wausau, WI for Sale
$389,000 USD
Medical - FOR SALE
1/47
null | Request Cap Rate

515 S 32nd Ave
Wausau, WI 54401


HIGHLIGHTS

  • 515 S 32nd Avenue is an 11,340-square-foot medical office previously used as an outpatient facility.
  • Located near Aspirus Hospital Complex and other medical facilities.
  • The property has sustained some water damage, which has been mitigated and is now ready for remodeling.
  • The main and lower levels have a passenger elevator, patient and equipment rooms, waiting areas, and reception.

OVERVIEW

Welcome to 515 S 32nd Avenue, a value-add medical office asset built out with 12 exam rooms, one triage room, and eight counseling offices. The building is two stories on a 1.23-acre lot offering 50 parking spaces. Most recent renovations include exterior paint in 2013, new gutters in 2015, a new roof and sidewalks in 2016, new landscaping, and an updated lab floor in 2017. 515S 32nd Avenue presents a prime investment opportunity for a medical office tenant.

FOR SALE DETAILS

PRICE

$389,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Wausau VA Outpatient Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

SMU

APN/PARCEL ID

291-2907-331-0988

ASK ABOUT THIS PROPERTY

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715-297-1953

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Ark RhowmineNAI PfefferleMore Info
715-297-1953

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.