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Two-Level Mixed-Use Property
For Sale
$235,000

102 WATER Street, Waupaca, WI 54981

Commercial Sale, WAUPACA, WI

Property SizeContact for details
Lot Size0.14 Acres
Days on Market67

Property Features for 102 WATER Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Full
Elementary school district Waupaca
Middle school district Waupaca
High school district Waupaca
Directions From Downtown Waupaca go North on Main Street to Cooper Street. Main Street turns into Water Street at Cooper & Main. Building on Corner!
Standard status Active
APN 34 19 44 22
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1441

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Other (Heating), Radiant
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Listing Agency: United Country-Udoni & Salan Realty
Listed By: Lori J. Verhalen · License #9054885
Added: Jun 17 Changed: Aug 21 Last Checked: Aug 22 at 2:06AM
MLS# 50327755

Copyright © 2026 Realtor Association of Northeast Wisconsin. 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 two-level mixed-use property contains more than 2,400 square feet and combines commercial and residential space. The main floor is vacant and configured for retail, office, or service-oriented use. A separate entrance leads to the lower-level apartment, which includes two bedrooms and one bathroom and is currently rented.

The property occupies a 0.14-acre corner parcel near the north end of Main Street. Its setting is close to the Waupaca River, Riverview Park, Nels Rasmussen Park, and historic Danes Hall. Built in 1900, the building has aluminum siding, radiant and wall-furnace heating, public water, and public sewer. Commercial zoning supports the property’s mixed-use configuration.

Key Highlights

  • More than 2,400 square feet across two levels
  • Vacant main floor suited to retail, office, or service use
  • Lower‑level apartment with 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Back To The Vinyl (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service HVAC Service Storage Facility Bakery Garden Center 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.

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 54981, WI

14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned building with flexible main-floor space and a separately accessed residential unit.
Where is this mixed-use property located?
The property is located at 102 WATER Street Waupaca, WI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: More than 2,400 square feet across two levels; Vacant main floor suited to retail, office, or service use; Lower‑level apartment with 2 bedrooms and 1 bathroom
More about this property
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