320 Washington Street, Wausau, WI 54403

320 Washington Street
Wausau, WI

MLS #: 22401104
Status: Active
Square Feet: 5,216
Acres: 0.05

Asking Price: $950,000

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.
Jim Prey
The Prey Real Estate Group
Coldwell Banker Action Realty