Seller’s Intentions – Neither Zillow nor LoopNet are the perfect listing options for this unique property. However, listing the property for sale by owner allows both the seller and the buyer to transact the sale at a fair price. Saving the former church from demolition and giving it new life and purpose was the current owner’s main objective. It is a beautiful building and needs to maintain its stately presence in downtown Wausau. Prior to the current owner’s purchase, no major improvements had been done on the building since its construction in 1953. Improvements were costly, but necessary to preserve the building. The current owners’ intentions were to live on the upper level and operate their engineering business on the lower level. Medical issues intervened, and smaller living quarters became necessary. The business is still operating on the lower level and will remain until the building is sold. If the new owner wishes to rent that space, the current owner would have an interest in a rental option. Using $300/ft² as a conservative cost to construct this building today and the main floor space of 3400ft² - the conservative estimate is $1.2 million (exclusive of the garage). The current asking price is less than the owner’s investment. This information has been added to the listing to give clarity to the owners asking price and to express the owner’s desire to pass the building to a buyer who wishes the building to remain a part of Wausau’s history. Days on the market are not a critical concern. Thank you for viewing our listing, please continue on to property description. Property Description - originally home to the Christian Science Church, 404 Franklin Street is now an elegant place to call home and/or work. The building is pristine and polished, a blank canvas ready for your vision. In 2014, the current owners purchased the property and transformed the building into 3400 sq. ft. of beautiful living space on the main level and 3400 sq. ft. of inviting office space on the lower level. The building is zoned mixed-use allowing the new owner much flexibility. In the conversion process, a 3+ car garage was added, and the 10-space parking lot was repaved. The old boiler was replaced with a new high efficiency model, and air conditioning was added. The interior space was reconfigured with the intent of retaining the original integrity of this beautiful building. All the old windows were replaced with Anderson windows, custom made to fit the footprint of the existing windows. The interior was completely repainted, and the original hardwood maple floors were refinished. The exterior non-brick areas were re-sided, and trim work and the steeple were painted along with the front pillars and railings. Tasteful plantings were created in custom-curbed beds. The roof was replaced in 2017. The result is a distinctively outstanding property that offers a stunning residence, a one-minute walk to work in the lower level and a five-minute walk to all that downtown Wausau has to offer – dining, theater, events and distinctive shops. If office space is not needed, let the rental income support your mortgage payment or expand the lower level for additional living space or in-law suite. Current business occupant is willing to lease the lower level. This is a property that must be seen to appreciate all that it offers. Enjoy summer in this beautiful setting as Wausau comes alive.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
