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    Algoma, WI

    Algoma, WI Commercial Real Estate for Sale

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    13 properties
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    Historic Hotel with Restaurant and Bar
    Updated: Sep 3
    Historic Hotel with Restaurant and Bar

    201 Steele St, Algoma, WI 54201

    $875,000
    12,844 sqft 0.21 AC lot
    12,844‑square‑foot hotel, restaurant, and bar property
    Built in 1857 and updated with modern amenities
    Guest rooms and suites accommodate up to 6 people
    Third‑floor suite includes 4 bedrooms, 2 baths, and water views
    Two blocks from Lake Michigan and Crescent Beach
    View details
    Historic Mixed-Use Building
    Updated: Jan 27
    Historic Mixed-Use Building

    300 4th St, Algoma, WI 54201

    $249,900
    15,000 sqft 0.34 AC lot
    Approximately 15,000 square feet in a historic 1890 building
    3,000‑square‑foot top‑floor penthouse with sauna
    360‑degree views of the city, Ahnapee River, and Lake Michigan
    Full basement, two additional floors, and a one‑story warehouse
    GC (General Commercial) zoning
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    Church Facility with Large Sanctuary
    Church Facility with Large Sanctuary

    916 FELD Street, Algoma, WI 54201

    $559,900
    15.00 AC lot

    Church property with a substantial gathering area, flexible interior arrangement, and established safety systems.

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    See what stands out in Kewaunee County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Church Facility with Large Sanctuary
    Church Facility with Large Sanctuary

    916 Feld Street, Algoma, WI 54201

    $559,900
    10,000 sqft 15.00 AC lot

    Flexible religious facility with substantial assembly space and room for community, educational, or institutional programming.

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    Tillable Agricultural Land
    Tillable Agricultural Land

    WOLF RIVER Drive, Algoma, WI 54201

    $367,000
    35.00 AC lot

    Agricultural acreage includes tillable ground, wetland, and a former airport or runway area.

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    Commercial Buildable Lot with Driveway
    Commercial Buildable Lot with Driveway

    1724 JEFFERSON Street, Algoma, WI 54201

    $55,000
    0.57 AC lot

    Buildable commercial lot features a gravel driveway and utilities available at the road in Algoma.

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    Warehouse with Separate Entrances
    Warehouse with Separate Entrances

    Division St, Algoma, WI 54201

    $50,000
    0.13 AC lot

    Electrified storage building with two connected sections and independent access points.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    300 4th St, Algoma, WI 54201

    $249,900
    15,000 sqft

    Multiple levels combine residential, commercial, basement, and warehouse components with an elevated penthouse residence.

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    Farm House with Multiple Barns
    Farm House with Multiple Barns

    N8421 County Road D, Algoma, WI 54201

    $429,900
    1,608 sqft 40.00 AC lot

    Updated farm house on a 40-acre parcel with multiple barns and Silver Creek running through the property.

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    Turn-Key Restaurant on Highway 42
    Turn-Key Restaurant on Highway 42

    2217 Lake Street, Algoma, WI 54201

    $189,900
    0.33 AC lot

    Free-standing restaurant with equipment included, near downtown Algoma.

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    Retail Property in Algoma, WI
    Retail Property in Algoma, WI

    300 Steele St, Algoma, WI

    Contact for pricing
    5,276 sqft 0.08 AC lot

    Retail property available for sale in Algoma, Wisconsin.

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    Medical Office Space with Lake Views
    Medical Office Space with Lake Views

    1223 Lake St, Algoma, WI 54201

    Contact for pricing

    Existing dental-office layout with an upper level stubbed for a full bathroom.

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    Corner Commercial Land
    Corner Commercial Land

    600 Navarino Street, Algoma, WI 54201

    $45,000

    Commercially zoned corner parcel with an existing structure slated for removal.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Algoma, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Breakfast & Diner with Apartments
    Breakfast & Diner with Apartments

    301 Ellis St, Kewaunee, WI 54216

    $259,900
    4,645 sqft

    Restaurant property with a fully equipped kitchen and two second-floor apartments, including a studio and a two-bedroom unit.

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    Waterfront Gas Station With RV Sites
    Waterfront Gas Station With RV Sites

    202 Milwaukee St, Kewaunee, WI 54216

    $1,600,000
    2,106 sqft 0.61 AC lot

    Convenience retail, food service, marine fueling, and RV camping are combined in one waterfront operation.

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    Bar & Pub with Dance Hall
    Bar & Pub with Dance Hall

    E3261 COUNTY ROAD S, Casco, WI 54205

    $624,900
    1.80 AC lot

    Established bar and dining operation with a full kitchen, furnished upper-level living space, and extensive restaurant equipment.

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    Cleared Farmland Parcel with Road Frontage
    Cleared Farmland Parcel with Road Frontage

    Lt2 Lacroix Road, Casco, WI 54205

    $200,000
    871,200 sqft 20.00 AC lot

    Cleared tillable agricultural land with 2,000+ feet of road frontage on two sides and electric available at the road.

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    Off-Market Properties in Algoma, WI

    Consider similar Off-Market properties in Algoma, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1525 Mueller St
    INDUSTRIAL (GENERAL)

    1525 Mueller St, Algoma, WI 54201-1981

    $940,000
    Estimated value
    8.33 AC lot
    View details
    4508th County Rd K K
    COMMERCIAL (GENERAL)

    4508th County Rd K K, Algoma, WI 54201-9634

    $300,000
    Estimated value
    4.81 AC lot
    View details
    402 Steele St
    SERVICE STATION (FULL SERVICE)

    402 Steele St, Algoma, WI 54201-1267

    $90,000
    Estimated value
    284 sqft
    View details
    720 3rd St
    COMMERCIAL (GENERAL)

    720 3rd St, Algoma, WI 54201-1344

    $250,000
    Estimated value
    1,287 sqft
    View details
    1321 Rabas St
    COMMERCIAL (GENERAL)

    1321 Rabas St, Algoma, WI 54201

    $185,000
    Estimated value
    5,000 sqft 1.36 AC lot
    View details
    1421 Lk St
    OFFICE BUILDING

    1421 Lk St, Algoma, WI 54201-1449

    $775,000
    Estimated value
    3,009 sqft
    View details
    42 Michigan St
    MOTEL

    42 Michigan St, Algoma, WI 54201

    $900,000
    Estimated value
    5,268 sqft
    View details
    710 Ss St
    COMMERCIAL (GENERAL)

    710 Ss St, Algoma, WI 54201-1479

    $280,000
    Estimated value
    3,613 sqft
    View details
    4253rd County Rd K K
    COMMERCIAL (GENERAL)

    4253rd County Rd K K, Algoma, WI 54201-9609

    $400,000
    Estimated value
    30.39 AC lot
    View details
    1309 Rabas St
    COMMERCIAL (GENERAL)

    1309 Rabas St, Algoma, WI 54201

    $195,000
    Estimated value
    3,840 sqft 1.36 AC lot
    View details
    225 Navarino St
    INDUSTRIAL (GENERAL)

    225 Navarino St, Algoma, WI 54201-1247

    $285,000
    Estimated value
    0.39 AC lot
    View details

    Algoma, WI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Algoma, WI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 59,728 square feet of properties for sale, with an estimated market value of $3,631,400.

    Sale prices for business properties in Algoma, WI start at $45,000, averaging $330,127, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,178
    Population Growth (5Y) -0.2%
    Median Household Income $65,772
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

    Identify Algoma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54201 $275.6K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $16.26 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

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