Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1208 4Th St N Tomahawk, WI 54487

    View on Map
    Sponsored
    For Sale
    $479,900

    COMMERCIAL - Tomahawk, WI

    Lot size:
    9.80 Acres
    Days on Market:
    186
    Last Refresh:
    Mar 7 at 4:06 pm

    Property Features for 1208 4Th St N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    Multiple
    Interior features
    Storage
    Lot size
    9.80 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    1
    Flooring type
    Mixed, Laminate
    Building materials
    Frame, WoodSiding
    Roof type
    Shingle, Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    TYNAN ANDERSON

    Century 21 Best Way Realty (715) 453-3365

    Listing agent TYNAN ANDERSON (715) 966-3291 License #58076 - 90

    Listing date Sep 3, 2025

    MLS# 214134 Listing URL

    Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tomahawk Retail Opportunity on 4th

    Located on 4th Street in Tomahawk, this commercial property offers visibility and access in a high-traffic area. The 1,712 sq. ft. building is well-maintained, featuring modern interior finishes and fresh exterior paint. A full basement provides additional storage or operational space. The property includes forced-air heating and cooling. Situated on three lots totaling 9.80 acres, the site provides a parking lot and room for future expansion or development. Currently configured as a retail space and meat shop, the property is suited for retail, office, or specialty use. Meat processing and handling equipment is available for separate purchase. This property is built for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hewitt's Meat Shoppe Take-out & Catering

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tomahawk
    County
    Lincoln
    State
    Wisconsin
    Longitude
    -89.72875592
    Latitude
    45.48599606

    Nearby Similar for Sale

    • $375,000
      3,000 SF

      Lakefront Bar & Grill For Sale

      Turn-key bar and grill with lake and trail access.
      W4011 County Road A, Tomahawk, WI 54487
      View Details
    • $375,000
      3,360 SF

      Tomahawk Roadhouse Supper Club

      Historic Supper Club, High Traffic Location
      N11050 County Road A, Tomahawk, WI 54487
      View Details
    • $350,000
      6,500 SF

      Tomahawk Bar & Restaurant Sale

      Turnkey Northwoods Business Opportunity
      W7318 Wi-86, Tomahawk, WI 54487
      View Details
    • $350,000
      6,500 SF

      Tomahawk Bar/Restaurant Turnkey Opportunity

      Established Northwoods business, fully equipped.
      W7318 State Highway 86, Tomahawk, WI 54487
      View Details
    • $950,000
      16,240 SF

      Tomahawk Lakefront Commercial Property

      High-Income Mini Storage & Boat Wrap Facility
      2292 County Road Y, Tomahawk, WI 54487
      View Details
    • $599,900
      0.47 Acres

      Tomahawk Commercial Property For Sale

      Commercial property on high-traffic street, ideal for investors/business owners.
      1515 4Th St N, Tomahawk, WI 54487
      View Details
    • $395,000
      0.40 Acres

      Tomahawk Bar and Grill For Sale

      Turn-key bar and grill on scenic Lake Alice.
      W4011 Cth A, Tomahawk, WI 54487
      View Details
    • $600,000
      1.13 Acres

      Waterfront Bar/Restaurant Opportunity

      Tomahawk, WI bar/restaurant with waterfront access and outdoor seating.
      W4096 Cth A, Tomahawk, WI 54487
      View Details
    • $599,500
      5.53 Acres

      Turn-Key Resort on Swamp Lake

      Ready-to-operate resort on Swamp Lake with year-round recreational activities.
      10752 Lacanne Trl, Tomahawk, WI 54487
      View Details
    • $1,200,000
      5.22 Acres

      Turnkey Retail Sales Dealership

      Turnkey retail dealership with parts/service and storage.
      1735 Comfort Dr, Tomahawk, WI 54487
      View Details
    • $325,000
      0.05 Acres

      Tomahawk Restaurant and Bar

      Established supper club with dining and bar in Tomahawk, WI.
      W6041 Northern Lgt Cr, Tomahawk, WI 54487
      View Details
    • $295,000
      4,717 SF

      Tomahawk Motel - Income Producing

      Established Motel, 19 Rooms, Great Location
      411 Southgate Dr, Tomahawk, WI 54487
      View Details

    FAQs

    What type of property is this?
    Retail space - 1,712 sq. ft. retail space on 9.8 acres.
    Where is this retail space located?
    The property is located at 1208 4Th St N Tomahawk, WI.
    What is the asking price?
    The asking price for this property is $479,900.
    What are key features of this property?
    This property features: - High-visibility location on 4th Street in Tomahawk in a high-traffic corridor.; - Large 9.80-acre lot with generous parking and room for expansion/development.; - Versatile 1,712 sq. ft. building suitable for retail, office, or specialty use.
    (715) 966-3291
    Request Owner's contact information
    1208 4Th St N Tomahawk, WI 54487
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1208 4Th St N
    Tomahawk, WI 54487
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1208 4Th St N Tomahawk, WI 54487
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    TYNAN ANDERSON
    Real Estate License ID: 58076 - 90
    (715) 966-3291
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!