118 S 3RD AVENUE, Wausau, WI 54401
Marathon County
Key Facts
Description
Have you been looking for a commercial kitchen? This is your chance to own one near downtown Wausau. This property offers a great opportunity for entrepreneurs ready to grow or launch their catering or food-based business. Sitting on a corner lot, you’ll benefit from high traffic exposure, making it easy for clients to spot and recognize your business. Inside, the space is designed for efficiency, featuring a full commercial kitchen, including a walk-in freezer and refrigerator, 4 Burner Commercial Gas Stove, 2 Basket Deep Fryer, and along with a half bathroom for added convenience. The layout provides a cozy, manageable workspace, ideal for keeping operations simple and cost-effective. Located near downtown Wausau, you’ll still enjoy close proximity to local businesses, restaurants, and community activity—while maintaining easy access and visibility. Don't wait too long! It is price to sell quickly. Lease to own is welcome!
Property Information
Property Type
Commercial Sale
Year Built
1940
Stories
1
Living Area
628 sq ft
Lot Size
0.08 acres
Zoning
Commercial
Days on Market
41
MLS® Listing#
22601794
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Water Source
Financial Details
Annual Taxes
$2,668
Tax year 2025
Directions
right on S 3rd ave
Affordability Calculator
$27,980
Estimated monthly payment
$745/mo
Principal $111,920 · Est. interest $156,138 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wausau, WI
- $314,706
- Median Listing Price
- 22
- Median Days on Market
- 2,190
- Median Sq Ft
- $145
- Median Price / Sq Ft
- 71
- Active Listings
- This home’s price is 56% below the area median.
- Its price per sq ft is 54% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wausau, WI.
Location
Points of Interest in Wausau, WI
Showing the Wausau area map.
Nearby Schools
Trinity Lutheran School
School · 0.3 mi away
Grant Elementary School
Elementary · 0.5 mi away
Lincoln Elementary School
Elementary · 0.6 mi away
John Muir Middle School
Secondary · 0.6 mi away
Newman Catholic Elementary School
Elementary · 0.8 mi away
Zion Lutheran Church
Elementary · 0.8 mi away
Franklin Elementary School
Elementary · 0.9 mi away
Newman Catholic Early Childhood Ctr
School · 0.9 mi away
Wausau West High School
Secondary · 1.0 mi away
Wausau School District
School · 1.0 mi away
GD Jones Elementary School
Elementary · 1.1 mi away
Montessori School of Wausau
Elementary · 1.1 mi away
AC Kiefer Educational Center
School · 1.1 mi away
Thomas Jefferson Elementary School
Elementary · 1.3 mi away
Our Saviors Lutheran Church
School · 1.5 mi away
Mountain View Montessori
Elementary · 1.5 mi away
Hawthorn Hills Elementary School
Elementary · 1.7 mi away
John Marshall Elementary School
Elementary · 1.9 mi away
Wausau Area Montessori Charter School
Elementary · 2.1 mi away
Horace Mann Middle School
Secondary · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 711 PROSPECT AVENUE, Wausau, WI | $98,000 | 2 | — | 2,256 |
| 1911 ZIMMERMAN STREET, Wausau, WI | $99,900 | 3 | — | 1,405 |
| 000 County Highway K, Wausau, WI | $109,000 | — | — | — |
| 305 S 12th Ave, Wausau, WI | $114,900 | 1 | 1 | 900 |
| 2604 RESERVE DRIVE, Wausau, WI | $115,900 | — | — | 26,015 |
| 2724 RESERVE DRIVE, Wausau, WI | $115,900 | — | — | 19,166 |
Moving Cost Estimate
EXIT Agents in Wausau
Listing Courtesy: eXp Realty, LLC - myl.realtor@outlook.com