MLS Public Remarks  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  

Location  City

Other Marketing Area  Wausau

Mailing City  Wausau

C/T/V  City

Unit #  

Directions  Downtown, Block From 400

BUILDING DESCRIPTION  

Real estate for sale  Y

Business for sale  Y

For lease only  

Ann. Rent/SqFt  $0

Total Units/Bldg  3

Building Gross SqFt  5,216

Net Leasable SqFt  0

Year Built  1924

Source for Year Built  ACTIVE

Approx Bldg Dimen  

Street Frontage  0

Parking Fees/Mo.  $0

Onsite Parking  

# of Stories  0

Ceiling Height Min  0

Ceiling Height Max  0

Number of Loading Docks  0

Zoning  Commercial

Est. Total Acres  0.0

Source Of Est Acres  

Lot Dimensions  

Owner  

Tradename  

ASSESSMENT & TAXES  

Land Assessment  $0

Assessment Year  0

Net Taxes  $5,926

Tax Year  2023

Improvements  $0

Total Assessment  $0

ANNUAL INCOME/EXPENSES  

Income/Expenses Year  

Gross Operating Income  $0

Annual Operating Exp  $0

Net Operating Income  $0

UNIT INFORMATION  

Items Included 

Items Excluded 

INTERIOR FEATURES  

Heating/Cooling  Baseboard

Water/Waste  Municipal Sewer, Municipal Water

Basement  

Fuel  

Seating Capacity  31-50 persons

EXTERIOR FEATURES  

Type  

Exterior Treatment  Brick, Brick/Stone, Wood

Building Parking  Parking Garage, Street Parking

Roofing  Rubber/Membrane

Terms/Option  

Miscellaneous  

OTHER FEATURES  

Documents on File  Blue prints, Fixtures & Equipment, Inventory List

Location  Business District, Shopping Center

Tenant Pays  

Present Use  

Licenses  Beer, Liquor, Wine

Lease Type  

Occupied by  Long Term Tenant, Owner Occupied

Sale Includes  BusinessName, Customer List, Furniture, Inventory, Lease Type: Month to month, Signs Included, Some Equipment

Features  

Above Information Deemed Reliable, But Not Guaranteed

Listing Courtesy of Coldwell Banker Action