Waupaca, WI Commercial Real Estate for Sale

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45 properties

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Updated: Jul 22

Assisted Living Facility with Elevator

109 W LAKE Street, Waupaca, WI 54981

$1,250,000

0.23 AC lot

Community Based Residential Facility offered with business and real estate
Facility package includes furnishings, equipment, elevator, and sprinkler system
0.23‑acre property at 109 W LAKE Street, Waupaca, WI 54981
Brick construction with central air and forced‑air and oil heating
Public water and Public Sewer

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Updated: Jan 6

Corner Restaurant with Commercial Kitchen

N2723 COUNTY ROAD QQ, Waupaca, WI 54981

$599,000

0.85 AC lot

0.85‑acre corner parcel at N2723 County Road QQ, Waupaca, WI 54981
1999 building renovated from a former bank office into restaurant space
Newer commercial kitchen ventilation system
Full basement for storage or potential expansion
Rural Commercial zoning

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Brick Mixed-Use Building

109 E FULTON Street, Waupaca, WI 54981

$149,900

0.13 AC lot

Street-level commercial space is leased through 12/31/2027, with an unfinished apartment above and a full walkout basement below.

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Auto Shop with Apartment

E3511 S Apple Tree Lane, Waupaca, WI 54981

$560,000

7,574 sqft

Automotive facility combining service areas, office space, and an updated upper-level apartment for live-work flexibility.

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Freestanding Restaurant with Banquet Room

N2717 COUNTY ROAD QQ, Waupaca, WI 54981

$899,000

1.60 AC lot

Brick restaurant property with commercial and baking kitchens, multiple bar areas, banquet space, and an outdoor beer garden.

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Commercial Kitchen Building

N2740 COUNTY ROAD QQ, Waupaca, WI 54981

$239,900

0.14 AC lot

Former bakery facility with commercial zoning and a well water source.

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Miniature Golf Course with Batting Cages

222 GRAND SEASONS Drive, Waupaca, WI 54981

$299,900

1.46 AC lot

Commercially zoned recreational property includes miniature golf, batting cages, landscaping, and updated site amenities.

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Community Based Residential Facility

109 W Lake St, Waupaca, WI 54981

$1,250,000

3,549 sqft

Business and real estate package includes the facility, furnishings, equipment, elevator, and sprinkler system.

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Victorian Bed & Breakfast With Riverfront Grounds

E3192 APPLE TREE Lane, Waupaca, WI 54981

$675,000

7.00 AC lot

Commercially zoned hospitality property with guest accommodations, ancillary buildings, landscaped grounds, and established operating components.

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8-Lane Bowling Alley

408 OAK Street, Waupaca, WI 54981

$450,000

0.58 AC lot

Operational entertainment property with event space, kitchen, and full bar.

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Historic Mixed-Use Building

109 E Fulton St, Waupaca, WI 54981

$149,900

1,240 sqft

Historic mixed-use building with street-level commercial leased through 12/31/2027 and a second-story apartment ready to finish.

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Commercial Land with Road Frontage

2001 STATE RD 54, Waupaca, WI 54981

$399,000

23.01 AC lot

Two parcels carry B4-Strip Commercial and PVRF-Private Recreational & Forestry zoning.

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Three-Floor Commercial Storefront Property

110 W UNION Street, Waupaca, WI 54981

$749,000

0.29 AC lot

Flexible commercial building with downtown proximity, dual-street access, and potential for multiple commercial units.

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Operational 8-Lane Bowling Alley

408 Oak St, Waupaca, WI 54981

$450,000

8,924 sqft

Operational bowling alley with eight lanes, a full bar, kitchen, and an event/party room.

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Level Commercial Land

N2541 FARM Drive, Waupaca, WI 54981

$399,000

18.97 AC lot

Agricultural-zoned land with public water and sewer available for commercial development.

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Creekfront Hunting Land

N1775 COUNTY ROAD K, Waupaca, WI 54981

$699,900

82.62 AC lot

Wooded acreage combines tillable ground, creek frontage, and on-site recreational improvements.

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Multifamily Development and Rehab

1401 Churchill Street, Waupaca, WI 54981

$195,000

27,000 sqft 1.58 AC lot

R-3 zoned property with a prior nursing home building and city utilities, offered as-is where-is.

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Mixed-Use Property with Upper-Level Space

N2745 HWY QQ, Waupaca, WI 54981

$265,000

0.20 AC lot

Rural Commercial property with an open sales floor, office, bathroom, and separate upper-level living space.

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Industrial Flex Warehouse Facility

705 W Fulton St, Waupaca, WI 54981

Contact for pricing

54,010 sqft 3.56 AC lot

Industrial flex warehouse with multiple loading doors, refrigerated cooler/freezer, and ample paved parking on 3.56 acres.

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Industrial-Zoned Agricultural Land

COMMERCIAL Drive, Waupaca, WI 54981

$150,000

7.60 AC lot

Open, level farmland with full sun exposure, road access, and light industrial zoning.

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Miniature Golf Course with Batting Cages

222 Grand Seasons Drive, Waupaca, WI 54981

$299,900

Restored recreation business includes upgraded course features and food-service equipment.

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Rural Commercial Land

N3054 COUNTY ROAD QQ, Waupaca, WI 54981

$149,900

3.07 AC lot

Mature trees, an open field, privacy border, and available electricity shape this rural commercial parcel.

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High-Visibility Commercial Land

2001 STATE RD 54, Waupaca, WI 54981

$399,000

Two-parcel site with highway and Otter Drive frontage, zoned for strip commercial and private recreational/forestry uses.

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Rural Commercial Land

N3054 COUNTY ROAD QQ, Waupaca, WI 54981

$429,900

8.48 AC lot

Rural Commercial zoning, electricity availability, and frontage along two roads define the site.

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Waupaca, WI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Waupaca, WI, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 102,297 square feet of properties for sale, with an estimated market value of $16,569,000.

Sale prices for business properties in Waupaca, WI start at $30,500, averaging $385,325, and reaching up to $1,250,000 — 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 15K

Population Growth (5Y) -1.3%

Median Household Income $76,821

College Educated 36.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
54981	$372.8K

Taxes & Financing

Tax Rate (average for all types) 1.64%

Property Tax per SF $1.73 per SF

Tax Rate vs County Average 0.38 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Waupaca County

New Delisted

Total CRE Inventory on Market (SF)

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