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Turnkey Multifamily and Office Property

125 LAKE AVE N Crandon, WI 54520

125 LAKE AVE N, Crandon, WI, 54520
$274,900
For Sale
Under Contract
Claim this Listing
$274,900

MULTI_FAMILY - Other - Crandon, WI

Property Size6,000 SF
Lot Size0.08 Acres
Price / SF$45.82
AddedApr 13
Days on Market94
Last RefreshJul 15 at 6:06 pm

Property Features for 125 LAKE AVE N

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
8
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Kitchen, Bathroom 1, Bathroom 6, Bedroom 1, Bathroom 3, Bathroom 8, Laundry Room, Bedroom 4, Bathroom 7, Basement, Bathroom 5, Bathroom 2
Appliances
GasWaterHeater
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

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Floors in Building
2
Building materials
Frame
Architectural style
Other

Listing agent KATHY FLANNERY License #58808 - 90

Listing office HOMELAND REALTY WI LLC 100 W Washington Street P.O. Box 82, CRANDON, WI

Listing date Apr 13, 2026

MLS# 217382 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.


Investment Insights

Based on property information with market context.

Located at 125 Lake Ave N, Crandon, WI 54520, this turnkey income property includes over 6,000 sq. ft. of combined residential and commercial space. The residential component consists of three studio units and one one-bedroom unit. The commercial portion includes a 1,000 sq. ft. office space and a hair salon, along with three additional bonus rooms.

A key operational feature is that the electric is separated for each unit. The basement provides ample storage for tenants and/or additional use.

The property’s mix of unit types and dedicated utility metering supports flexible occupancy across both residential and commercial configurations within the same building.

Key Highlights

  • Over 6,000 sq ft multifamily and commercial property with 3 studio units and 1 one‑bedroom unit
  • Includes a 1,000 sq ft office space plus a hair salon and three additional bonus rooms
  • Electric is separated for each unit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Pioneer Express Publishing House

Suggested Use

Dental Office Electrical Service Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop Butcher Florist Grocery & Convenience Store

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

FAQs

What type of property is this?
Residential income property - Over 6,000 sq. ft. income property with separated electric, featuring studio, one-bedroom, and office and salon space.
Where is this residential income property 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: Over 6,000 sq ft multifamily and commercial property with 3 studio units and 1 one‑bedroom unit; Includes a 1,000 sq ft office space plus a hair salon and three additional bonus rooms; Electric is separated for each unit
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