511 Franklin St - Hospitality FOR SALE


Wausau, WI 54403
$429,900 USD
239-265-5291
511 Franklin St, Wausau, WI for Sale
$429,900 USD
Hospitality - FOR SALE
1/32
null | 13.8% Cap Rate

511 Franklin St
Wausau, WI 54403


HIGHLIGHTS

  • Downtown Wausau - 5 miles away from Granite Peak Ski Resort
  • 4819 Square Feet Living Space - 3 Story, 8 Bedrooms, 8 Bathrooms, Community Room for Events, Laundry Facilities
  • Lucrative Income Property in the Heart of Wausau
  • Less than half a mile from Police Station
  • Opportunity Zone

OVERVIEW

Investment opportunity in the heart of historic Wausau! Welcome to 511 Franklin St, an impressive 3-story property offering 8 units and 8 bathrooms, making it one of the largest multi-unit buildings for miles. With 4,819 sq ft of space, pristine original woodwork, and a remarkably solid structure, this building is packed with long-term potential. Located in a safe community and positioned within ½ mile of the local police station, this property is ideal for traveling nurses, short-term visitors, or long-term tenants seeking convenience and comfort. Just 5 minutes from Granite Peak Ski Area, and right in downtown Wausau, residents can enjoy being minutes from popular restaurants, entertainment, and the bustling Wausau Square—home to frequent events and gatherings. The basement features a functional community room and on-site laundry facilities, adding value and convenience for tenants. The historic district location further enhances its desirability, blending old-world charm with modern rental demand. With outstanding revenue potential, unbeatable proximity to major attractions, and rare size for the area, 511 Franklin St is a standout investment ready for its next owner.

FOR SALE DETAILS

PRICE

$429,900 USD

PRICE/SF

$89 USD /SF

# OF ROOMS

8

PRICE/ROOM

$53,738 {currency}

CAP RATE

13.8%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bougainvillea Bed & Breakfast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1908

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R3

APN/PARCEL ID

291-2907-253-0332

ASK ABOUT THIS PROPERTY

Krystal EdwardsLandshark Real Estate GroupMore Info
239-265-5291

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Krystal EdwardsLandshark Real Estate GroupMore Info
239-265-5291

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