I39/Wisc State Highway 153 Interchange Commercial Site

Posted by City of Mosinee, WI

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Development Opportunity

Size

343 sqft

Ownership

Privately Owned

Availability

For Sale
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Site Description

This vacant I-B Interchange Business zoned property is strategically located at the northwest quadrant of Interstate 39 and State Highway 153 interchange. According to the Wisconsin Department of Transportation, Interstate 39 has approximately 26,100 vehicles per day and State Highway 153 has 10,400 vehicles per day at the site. The site offers excellent commercial business visibility and is located only 2 blocks from the Central Wisconsin Regional Airport (CWA) which offers daily flights to Minneapolis, Chicago and Detroit. A 2013 Comprehensive Hotel & Conference Center Market Study indicated that the competitive position for a hotel/conference center at this site is very positive and that the proposed site would well serve the Lodging Demand needs of the immediate subject market with its location close to businesses and local recreation outlets. The proposed hotel site received an overall Excellent evaluation rating and the study results also indicated that a 90-room hotel would perform at a strong occupancy level. The site is located within the City's Tax Increment District No. 2 and Tax Increment Development incentives along with Low-interest Revolving Loan Funds are available for desired development projects. Shopping Centers and retail establishments are classified as a Conditional Use at the site. The City of Mosinee is ideally located between the cities of Stevens Point and Wausau.

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490 Old Hwy, Mosinee, WI 54455

1.22 acres (53318.98 sqft)
Owner
GARY M STROYNY TRUSTEE
671 OAK RD, MOSINEE WI 54455
Details
APN: 25127073219958
For Sale

Contact Jeff Gates

Jeff, from City of Mosinee, WI, has more details.

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Created on June 16th, 2016 (last updated 3 months ago)