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Herbster, WI

Herbster, WI Commercial Real Estate for Sale

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Port Wing, WI Cornucopia, WI Bayfield, WI Iron River, WI Washburn, WI Brule, WI Mason, WI Ashland, MN

Lakeview Restaurant with Living Quarters

Updated: Jul 20

Lakeview Restaurant with Living Quarters

86985 Lenawee Rd, Herbster, WI 54844

$699,900

Restaurant property on a corner lot with wrap‑around deck
Attached living quarters plus a 3‑car garage and shed
Newly renovated bar/dining area with separate dining room, kitchen, and spacious prep area
Full basement with walk‑out finished room and patio
2024 addition with new gutters, mini‑splits, refrigeration, furnace, electrical wiring, and flooring

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Herbster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 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.

Retail Space with Outdoor Area

Retail Space with Outdoor Area

35265 S County Highway J, Bayfield, WI 54814

Contact for pricing

4,500 sqft 11.00 AC lot

Commercial building with flexible retail, food and beverage, and light hospitality potential on a landscaped recreational property.

Riverfront Agricultural Land

Riverfront Agricultural Land

86640 N S Pratt Road, Bayfield, WI 54814

$699,900

277.00 AC lot

Fenced agricultural acreage combines productive fields, mature timber, and available electricity.

Farm with Trout Streams

Farm with Trout Streams

74035 County Highway A, Iron River, WI 54847

$1,235,000

384.00 AC lot

Working acreage combines hay production, wooded hunting ground, flowing waterways, and existing agricultural improvements.

Tillable Agricultural Land

Tillable Agricultural Land

Boulevard Road, Iron River, WI 54847

$299,900

60.00 AC lot

Level farmland with hay production, perimeter fencing, livestock facilities, a drilled well, and an onsite waterer.

Off-Market Properties in Herbster, WI

Consider similar Off-Market properties in Herbster, 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.

14775 State Hwy 13

VACANT COMMERCIAL LAND

14775 State Hwy 13, Herbster, WI 54844-4502

$230,000

Estimated value

0.16 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$230,000

Estimated value

0.16 AC lot

15205 Spruce Tree Dr

COMMERCIAL (GENERAL)

15205 Spruce Tree Dr, Herbster, WI 54844

$235,000

Estimated value

0.77 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$235,000

Estimated value

1.00 AC lot

15125 Spruce Tree Dr

COMMERCIAL (GENERAL)

15125 Spruce Tree Dr, Herbster, WI 54844

$250,000

Estimated value

1.55 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$230,000

Estimated value

0.16 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$230,000

Estimated value

0.16 AC lot

15175 Spruce Tree Dr

COMMERCIAL (GENERAL)

15175 Spruce Tree Dr, Herbster, WI 54844-4505

$245,000

Estimated value

0.68 AC lot

15245 Spruce Tree Dr

COMMERCIAL (GENERAL)

15245 Spruce Tree Dr, Herbster, WI 54844-4506

$240,000

Estimated value

0.80 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$230,000

Estimated value

0.06 AC lot

14770 State Hwy 13

COMMERCIAL (GENERAL)

14770 State Hwy 13, Herbster, WI 54844-4502

$235,000

Estimated value

0.17 AC lot

14720 State Hwy 13

COMMERCIAL (GENERAL)

14720 State Hwy 13, Herbster, WI 54844-4502

$235,000

Estimated value

0.46 AC lot

14865 State Hwy 13

COMMERCIAL (GENERAL)

14865 State Hwy 13, Herbster, WI 54844

$230,000

Estimated value

0.16 AC lot

15455 State Hwy 13

COMMERCIAL (GENERAL)

15455 State Hwy 13, Herbster, WI 54844

$225,000

Estimated value

10.00 AC lot

14840 State Hwy 13

COMMERCIAL (GENERAL)

14840 State Hwy 13, Herbster, WI 54844-4500

$235,000

Estimated value

0.16 AC lot

15765 State Hwy 13

COMMERCIAL (GENERAL)

15765 State Hwy 13, Herbster, WI 54844

$235,000

Estimated value

12.02 AC lot

86830 Lenawee Rd

COMMERCIAL (GENERAL)

86830 Lenawee Rd, Herbster, WI 54844

$245,000

Estimated value

1.36 AC lot

86985 Lenawee Rd

COMMERCIAL (GENERAL)

86985 Lenawee Rd, Herbster, WI 54844

$235,000

Estimated value

0.06 AC lot

87460 Bark Pt Rd

COMMERCIAL (GENERAL)

87460 Bark Pt Rd, Herbster, WI 54844-4479

$225,000

Estimated value

1.81 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$245,000

Estimated value

0.16 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$245,000

Estimated value

0.16 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$245,000

Estimated value

0.16 AC lot

Herbster, WI 54844

VACANT COMMERCIAL LAND

Herbster, WI 54844

$245,000

Estimated value

0.16 AC lot

Herbster, WI Commercial Real Estate Market Trends and Statistics

Explore 30 commercial real estate for sale in Herbster, WI on our real estate platform.

Sale prices for business properties in Herbster, WI average $699,900 — 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 285

Population Growth (5Y) +31.9%

Median Household Income $65,625

College Educated 54.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
54844	$699.9K

Taxes & Financing

Tax Rate (average for all types) 1.58%

Tax Rate vs County Average 0.05 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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