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5198 S US Highway 51 7,552 SF 100% Leased Retail Building Manitowish Waters, WI 54545 $234,900 ($31.10/SF)

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EXECUTIVE SUMMARY

Opportunity awaits with this unique commercial property situated directly on Highway 51, offering prime visibility and access. Conveniently positioned between Manitowish Waters & Boulder Junction, placing it in the heart of Northern Wisconsin, close to everything. This property offers endless possibilities for entrepreneurs looking to tap into the thriving Northwoods community. Whether you're looking to expand your business or start something new, the combination of location, size, and existing infrastructure provides a rare and exciting opportunity. Steady highway traffic ensures exceptional exposure for any business. A snowmobile trail crosses the property, drawing in outdoor enthusiasts. Over 7,500 square feet of space includes fuel pumps, numerous refrigerators, and walk-in freezers. * Currently 1 long time tenant in the western(left from Hwy view) 950 sq ft portion of the building. 7552 Sq ft total building space with 950 sq ft currently leased to long time retail/sport shop. 2 parcels included (#4-173 & #4-721-01).
* PLEASE CALL AGENT FOR ADDITIONAL DETAILS.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
7,552 SF
Building Class
C
Year Built
1900
Price
$234,900
Price Per SF
$31.10
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.97 AC
Zoning
Commercial - Commercial - General Business

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4-713
Land Assessment
$161,900
Improvements Assessment
$179,500
Total Assessment
$341,400
  • Listing ID: 34507118

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 5198 S US Highway 51, Manitowish Waters, WI 54545

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