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Brick Office Building
For Sale
$324,900

502 DIVISION ST E, Eagle River, WI 54521

CommercialSale, Eagle River, WI

Property SizeContact for details
Lot Size0.36 Acres
Days on Market573

Property Features for 502 DIVISION ST E

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 5
Rooms Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 3
Parking features Driveway
Interior features Storage
Exterior features Fence, Landscaping
Fencing Fenced
Lot features Level, Private, Secluded
Directions HWY 70 east to 3rd St. go north to Division St... corner of 3rd St. and Division St.
Standard status Active
APN 221-660-01
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description L0T 1 18CS131 LOTS 7-14 BLK 1 ORIGINAL PLAT EAGLE RIVER PRT NW NE
Tax Annual Amount 2941
Legal Description L0T 1 18CS131 LOTS 7-14 BLK 1 ORIGINAL PLAT EAGLE RIVER PRT NW NE

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1975
Floors in Building 1
Flooring type Laminate, Carpet
Building materials Brick, Frame
Roof type Composition, Shingle
Additional Structures Storage
Listing Agency: RE/MAX PROPERTY PROS · RE/MAX International
Listed By: PETER JOHN
Added: Feb 5, 2025 Changed: Aug 19 Last Checked: Sep 1 at 6:06AM
MLS# 210542

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.

Investment Insights

Based on property information with market context.

This 1975 brick commercial building occupies 0.355 acres near downtown Eagle River. The property includes storage, laminate and carpet flooring, a fenced site with landscaping, and a driveway. Natural gas hot-water heating, window-unit cooling, a composition shingle roof, and public water and sewer serve the building.

The property has previously operated as a parish center, school, conference center, and day care center. New appliances are in place, and the boiler was repaired approximately 5 years ago. Its existing configuration and history of varied institutional uses provide a factual basis for evaluating office or other commercial applications, subject to applicable approvals.

Key Highlights

  • 1975 brick commercial building on 0.355 acres
  • Previously used as a parish center, school, conference center, and day care center
  • Natural gas hot‑water heating and window‑unit cooling

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Storage Facility Garden Center Bakery Computer & Electronic Repair Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial building near downtown with fenced grounds, storage, public utilities, and a driveway.
Where is this office units located?
The property is located at 502 DIVISION ST E Eagle River, WI.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 1975 brick commercial building on 0.355 acres; Previously used as a parish center, school, conference center, and day care center; Natural gas hot‑water heating and window‑unit cooling
More about this property
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