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511 Franklin St

Wausau, WI 54403

$349,900

Hotel For Sale  •  4,330 Sq Ft

Property Details

  • Property Type Hotel
  • Total Building Size 4,330 Sq Ft
  • Lot Size 0.19 ac
  • Building Class B
  • Year Built 1908
  • Cap Rate 17.15 %
0 Transit Score
92 Walk Score

Description

511 Franklin Street Wausau WI 54401
Vacation Rental House in the heart of Downtown Wausau’s Andrew Warren Historic District. 511 Franklin has a Character and charm truly shine throughout this pristine historic property, boasting original hardwood floors, beautiful crown molding and decorative trim, stained glass windows, a carved oak staircase and a large covered front porch. Six bedrooms over 6,650 square foot home current use as Vacation Rental. 
The 512 Franklin home, built in 1868, is the oldest building in Wausau’s Historical District. This home is also in pristine condition and consists of two separated executive efficiency apartments- suites named William Devoe & Adeline Suites, each with well thought out themes and modern conveniences such as hot tubs. These suites are especially popular with visiting Rib Mountain hikers and Granite Peak skiers. Located only a few short blocks away from The Leigh Yawkey Woodson Art Museum, The Marathon County Historical Museum, and the Grand Theatre which features live performances on a weekly basis. Visitors also love walking and window shopping the many River District shops and Downtown Center Mall. Located two blocks away from the Inn, the YMCA and YWCA offer membership exchange privileges.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $52,500 (2016)
Cap Rate: 17.15 %
Gizo Ujarmeli 715-680-0600 Amaximmo First Class in Real Estate
Gizo Ujarmeli 715-680-0600 Amaximmo First Class in Real Estate