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$950,000
Est. payment /mo
5,216 SqFt
UPDATED:
08/16/2024 10:05 AM
Key Details
Property Type Commercial
Sub Type Restaurant,Tavern/Bar,Restaurant/Supper Club,Office(s),Mixed use,Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,216 sqft
Price per Sqft $182
MLS Listing ID 22401104
Year Built 1924
Annual Tax Amount $5,926
Tax Year 2023
Lot Size 2,178 Sqft
Acres 0.05
Property Description
The OZ Nightclub: Classy Nightclub in ideal downtown Wausau location directly across from the NEW Foundry on 3rd! The Foundry on 3rd project is set to begin construction in May 2024. This building project will include a five story building with main floor retail stores and 154 urban apartments bringing extensive foot traffic right past the OZ Nightclub. It is located in the River District, next to the 400 block with a wide array of public events going on throughout the year. It is nestled amongst classy and distinctive retail stores in the heart of downtown Wausau. The Grand Theatre is also within a block away which presents lots of entertainment activities throughout the year. Within walking distance to the River Trail that takes you all the way to parks and Fern Island, Oak Island and Big Bull Falls, and also the Farmers Market. The summer months you're 2 blocks away from the WI River and it has one of the best kayaking courses which holds events throughout the summer.,The OZ Nightclub has a brick exterior and in excellent condition and though originally built in 1924, has had numerous updates within the past several years including a flat roof with a membrane surfacing. Updated electrical system plus updated plumbing. Freshly painted interior. This property is in excellent condition. Main floor has 2108 Sq Ft with a large bar 45x70. (See inventory list) There is a lighted stage with projection screen as well as a DJ Booth: loads of storage space throughout the building; Updated Men's and Women's bathrooms, 4 large TV's etc. This property also has 2 well maintained apartments upstairs with separate electric utilities which gives the owners the opportunity to generate additional income. Full basement with lots of storage space and ice maker and is partially finished with an office area and rec room.
Location
State WI
County Marathon
Zoning Commercial
Interior
Interior Features Smoke Alarm
Heating Electric
Cooling Baseboard
Exterior
Exterior Feature Brick, Brick/Stone, Wood
Utilities Available Separate Meter
Roof Type Rubber/Membrane,Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
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