Masonic Building 130 1st St

Investment Highlights

High Traffic Centrally Located to Downtown

Executive Summary

Newly renovated building in the heart of downtown Wausau is up for sale! Originally, this building was built as the Masonic Lodge Building and features a grand hall and additional lounge space with coffee shop vibes and fantastic views of Rib Mountain. Combined, you can accommodate up to 299 patrons! The upper floor has a full bar with coffee shop, commercial kitchen, and brew house. Approximately 9923 sq. ft. Patrons can enter from 1st Street with parking in the ramp or park on the main level and take the elevator or stairway to the upper floor. The main floor on River Drive features approximately 9327 sq. ft. of commercial office space with 3 separate entrances. Most space is currently leased out and the Tenants would like to stay. There is a 3rd floor mezzanine (Approx. 1612 sq ft) for storage and utility purposes. This building is centrally located in downtown Wausau and has a heartbeat of its own. The future downtown plans will only enhance the location and future of this building.

• Sale Type    Investment or Owner User
• Property Type    Office Office General Retail Bar General Retail Restaurant General Retail Storefront Retail/Office Office
• Building Size    20,000
• Building Class    B
• Year Built    1973
• Price    1,299,000
• Price Per SF    65
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Typical Floor Size    10,000
• Building FAR    0.47
• Land Acres    0.97 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Kitchen
• Storage Space
• High Ceilings
• Partitioned Offices
• Outdoor Seating
• Air Conditioning