Apartment Building with Main-Level
For Sale
Under Contract
$274,900
125 LAKE AVE N, Crandon, WI 54520
CommercialSale, Crandon, WI
Property SizeContact for details
Lot Size0.08 Acres
Days on Market131
Property Features for 125 LAKE AVE N
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
5
Bathrooms
10
Full bathrooms
5
Half bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 5, Bathroom 7, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 9, Bathroom 4, Bathroom 3, Bathroom 10, Bedroom 2, Bathroom 8
Directions
From Lake Ave in Crandon, property is on intersection of Lake Avenue and West Washington St.
Standard status
Active Under Contract
APN
211-00693-0000
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SHAWS 1ST ADD CITY CRANDON N 28' LOT 4 BLK 6 V97 P569
Tax Annual Amount
2865
Legal Description
SHAWS 1ST ADD CITY CRANDON N 28' LOT 4 BLK 6 V97 P569
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Building Details
Number of units
7
Listing Agency:
HOMELAND REALTY WI LLC
(715) 449-5022
Listed By:
KATHY FLANNERY · License #58808 - 90
(715) 889-0330
Added: Apr 13
Changed: Aug 19
Last Checked: Aug 21 at 5:06PM
MLS# 216596
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 apartment building in Crandon offers a mixed-use setup combining income-producing apartments with established main-level business space. The residential portion includes three studio apartments and two 2-bedroom apartments. An additional 1,000 sq ft commercial area is available for a new tenant or business venture, and there is also extra main floor space that could support expanding the business or converting to additional rental units.
The property includes basement space for ample storage tied to either tenant use or business operations. Heating is provided by hot water, and sewer service is public sewer.
Set up for a buyer looking for both residential and commercial tenant opportunities, the building’s configuration supports day-to-day flexibility across the income mix while maintaining separate residential and commercial components.
The property includes basement space for ample storage tied to either tenant use or business operations. Heating is provided by hot water, and sewer service is public sewer.
Set up for a buyer looking for both residential and commercial tenant opportunities, the building’s configuration supports day-to-day flexibility across the income mix while maintaining separate residential and commercial components.
Key Highlights
- Three studio apartments and two 2‑bedroom apartments
- Established main‑level business space
- Additional 1,000 sq ft commercial area for a new tenant
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
Business Placement
Demographics for 54520, WI
4,063
Population
2,948
Households
1.4
Avg Household Size
44
Median Age
14%
College-Educated
92%
High-School Grad
122.8 sq mi
ZIP Area
33
Density / Sq Mi
$58,493
Median Household Income
$40,541
Median Earnings
$570
Median Rent
$165,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building in Crandon with main-level business space plus an additional commercial area for tenant use.
Where is this apartment building located?
The property is located at 125 LAKE AVE N Crandon, WI.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Three studio apartments and two 2‑bedroom apartments; Established main‑level business space; Additional 1,000 sq ft commercial area for a new tenant
