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    5198 Hwy S, Unit 51 Manitowish Waters, WI 54545

    For Sale
    $149,000

    Retail,Grocery,Gas station - Manitowish Waters, WI

    Days on Market:
    18
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 5198 Hwy S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    4-713 & 4-721-01
    Parking features
    Paved or Surfaced
    Interior features
    Public rest rooms
    Exterior features
    Truck dr(s) 15ft or lower

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    1
    Building materials
    Block, Brick, Concrete, Stone
    Roof type
    Membrane, Rubber
    Architectural style
    Other

    Bunbury & Assoc, REALTORS (608) 662-7777 [email protected]

    Listing agent Adam Bruckner (608) 662-7777

    Listing date Nov 20, 2025

    MLS# 1991653 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 51 Commercial Property

    This commercial property is located directly on Highway 51, between Manitowish Waters and Boulder Junction, in the heart of Northern Wisconsin. The property offers visibility and access, presenting opportunities for entrepreneurs looking to tap into the Northwoods community. The location, size and existing infrastructure provide an opportunity for business ventures. Steady highway traffic ensures exposure for any business. A snowmobile trail crosses the property, attracting outdoor enthusiasts. The property includes fuel pumps, numerous refrigerators, and walk-in freezers within its 7,500 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Manitowish Waters
    County
    Vilas
    State
    Wisconsin
    Longitude
    -89.800078
    Latitude
    46.098363

    FAQs

    What type of property is this?
    Gas station - Unique commercial property on Highway 51 in Northern Wisconsin.
    Where is this gas station located?
    The property is located at 5198 Hwy S, Unit 51 Manitowish Waters, WI.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Prime Highway 51 frontage offers exceptional visibility and access.; - Located between Manitowish Waters & Boulder Junction in the heart of Northern Wisconsin.; - Over 7,500 sq ft of commercial space.
    (608) 662-7777
    Request Owner's contact information
    5198 Hwy S, Unit 51 Manitowish Waters, WI 54545
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    Manitowish Waters, WI 54545
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    Realmo Value Estimation

    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.

    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.

    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
    5198 Hwy S, Unit 51 Manitowish Waters, WI 54545
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