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5678 US Highway 51 3,300 SF Retail Building Manitowish Waters, WI 54545 $350,000 ($106.06/SF)



Investment Highlights
- Convenient location on Hwy 51.
- Property includes retail building plus living quarters and a garage.
Executive Summary
Prime Manitowish Waters Commercial Opportunity! Ideally located along Hwy 51 in the heart of the Northwoods, this property offers excellent visibility and convenient access for residents, seasonal visitors, and recreational travelers. Hwy 51 provides a well-traveled connection through the area with the DOT showing 4,600+/- vehicles passing this property with strong exposure for a variety of potential commercial uses. The location has a long history of serving the area's outdoor recreation community and is ideally positioned near the lakes, trails, and abundant fishing and hunting opportunities that make Manitowish Waters such a sought-after destination. The building is 3,300+/- square feet and includes living quarters right on site plus a 946 square foot attached garage. This is a great opportunity to establish, expand, or reposition a business in one of northern Wisconsin's premier recreational communities. Bring your ideas and take advantage of this highly visible Manitowish Waters location!
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,300 SF
Year Built
1998
Price
$350,000
Price Per SF
$106.06
Building Height
1 Story
Building FAR
0.02
Lot Size
3.11 AC
Zoning
Community Business
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 16-849-008 | Total Assessment | $255,500 |
| Land Assessment | $35,000 | Annual Taxes | ($3,300) (($1.00)/SF) |
| Improvements Assessment | $220,500 | Tax Year | 2025 |
Property Taxes
Parcel Number
16-849-008
Land Assessment
$35,000
Improvements Assessment
$220,500
Total Assessment
$255,500
Annual Taxes
($3,300) (($1.00)/SF)
Tax Year
2025
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