Mancheski & Associates, Inc

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Listing provided courtesy of eXp Realty, LLC- MLS# 22601794MLS ProviderContact Information: [email protected]

118 S 3RD AVENUEWausau, WI 54401

Commercial
$139,900 Active

118 S 3RD AVENUE Overview

Time on Site:
59 days
Visits:
122

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!

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118 S 3RD AVENUE Facts & Features

  • Type Commercial

Details

General

Listing Information

  • Sale/Rent: For Sale

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Marathon County
  • Location: Corner
  • MLS Area Major: Wausau

Tax Information

  • Tax Annual Amount: $2,667.80
  • Tax Year: 2025

General Information

  • Age: 86
  • Fuel Type: Natural Gas
  • Possible Use: Drive In/Fast Food
  • Property Sub Type: Real Estate For Sale
  • Property Type: Commercial/Industrial

Interior

Building Information

  • Total Finished Sq Ft: 628

Building Interior

  • Building Area Total: 1-2000

General Information

  • Basement: None
  • Cooling: Central
  • Heating: Forced Air
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Paved, 1-10 spaces

Lot Information

  • Lot Size Square Feet: 1-10000
  • Number Of Buildings: 1
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Wood
  • Roof: Shingle

General Information

  • Number Of Units Total: 1

118 S 3RD AVENUE Neighborhood

Community

54401 (Wausau) Demographics

40
Median Age
360
Population Density (per sq. mile)
44%
College Educated
$53,378
Estimated Median Income
8,462
Estimated Total Home Owners
4,970
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

118 S 3RD AVENUE Monthly Cost

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Jeff Payden
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

118 S 3RD AVENUE Market Data

Based on the last 30 days in this zip code

$420,234
Average List Price
$177
Average Price per Square Foot
31
Properties Sold
54
Average Days on Market
77
Properties for Sale
Calculations provided by Reliance Network

118 S 3RD AVENUE History

Date Event Value Agent
6/11/2026Source: Central WI MLS Price Reduction
$139,900 -6.7%
5/1/2026Source: Central WI MLS Added to Database
May 01, 2026
7/28/2025Source: Central WI MLS Status Change
Active - With Offer
7/28/2025Source: Central WI MLS Added to Database
March 31, 2022
7/28/2025Source: Central WI MLS Status Change
Sold