3205 TERRACE CT, Wausau, WI 54401
3205 TERRACE CT, Wausau, WI 54401
3205 TERRACE CT, Wausau, WI 54401
3205 TERRACE CT, Wausau, WI 54401
3205 TERRACE CT, Wausau, WI 54401
3205 TERRACE CT, Wausau, WI 54401
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
Listed by LISA BERGMANN • REMAX EXCEL
$ 670,000
Est. payment | /mo

6,180 SqFt

Save
$ 670,000
Est. payment | /mo
Save

6,180 SqFt

Key Details

Property Type Commercial

Sub Type Office(s),Mixed use

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5001 or more

Square Footage 6,180 sqft

Price per Sqft $108

Municipality WAUSAU

MLS Listing ID 22602426

Year Built 1980

Annual Tax Amount $7,577

Tax Year 2025

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Office(s),Mixed use

Property Description

Location, location, location. Built in 1980, this two-story brick office building is currently configured as multi-tenant and is in a prime commercial area in Wausau. Excellent visibility from and easy access to Stewart Ave and Hwy 29. Over 20,000 cars view this building and the large, newer exterior business sign per day. The newly paved and well-lighted parking lot has ample parking. Long-term tenants have been a staple of the tenancy, with a single tenant typically leasing the entire upper floor; 100% occupancy is the norm. The building space can be used as a single-tenant property or reconfigured to adapt to whatever use is needed and is perfect for an owner-user or hands-on or hands-off investor. This well-built and well-maintained building cashflows well and is easy to lease, though turnover is rare. Sellers are willing to deliver the building at whatever occupancy level desired.,The South and East-facing sides of the building are very visible from Stewart Ave and Hwy29 and offer any owner-operator the opportunity for top-notch visibility and signage for their business. The building?s south-facing windows offer a great view of Rib Mountain ski area, and typically an executive office takes advantage of this feature. The current second-floor tenant has purchased a larger industrial building and will vacate in early Fall 2026. The sellers can fill the vacancy or deliver the building with the second floor vacant or the entire building vacant if desired. Because of its great location and robustness of construction, the building would be perfect for an owner/operator who wants the building to continue as multi-tenant with the first-floor tenants to help with the financials. As of right now, the sellers pay all utilities - WPSC for gas/elect and Wausau Water Works for sewer/water. The second floor is separately metered for all utilities, so when a new tenant moves in, they could pay the utilities however negotiated. The sellers do not currently pass on any common area maintenance charges to any of the tenants. ***Directions: Stewart Ave West, Right on South 32nd, Left on Terrace Court.

Location

State WI

County Marathon

Zoning Commercial

Direction See Additional Remarks***

Interior

Heating Electric, Natural Gas

Cooling Forced Air, Baseboard, Central Air

Exterior

Utilities Available Separate Meter

Roof Type Shingle

Building

Building Age 21+ Years

Sewer Municipal Water, Municipal Sewer

Structure Type Brick,Brick/Stone,Wood

New Construction N

Data source Copyright: ©2026 REALTORS® Association of Northeast Wisconsin MLS, Inc. All rights reserved.

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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3205 TERRACE CT