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Mixed-Use Property with Office Space
For Sale
$315,000

503 Wisconsin Ave S, Frederic, WI 54837

Fully leased asset combines residential apartments with a professional office suite.

Property Size6,000 SF
Price / SF$52.50
Days on Market10

Property Features for 503 Wisconsin Ave S

General Information

Standard status Active
Size 6,000 SF
Occupancy 100%

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 2
Office Units 1

Additional Details

Road Access Yes

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: RE/MAX Cornerstone
Listed By: James Tinman · License #58005-90
Source: Tayloronken
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 29 at 12:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Cornerstone

Investment Insights

Based on property information with market context.

This 6,000-square-foot mixed-use property contains two apartments and an office suite within a 1950 building on nearly one-half acre. The residential component includes an upstairs two-bedroom, one-bath apartment and a three-bedroom, 1,500-square-foot apartment with one bath. The 1,100-square-foot office suite provides multiple private offices and a conference room, creating a distinct commercial component alongside the residential units.

The property fronts State Road 35 at 503 Wisconsin Ave S in Frederic, Wisconsin. It is fully leased and includes a combination of residential and office occupancy in one property. The existing layout supports continued use as a mixed-use asset, with separate apartment and office areas serving different occupant requirements.

Key Highlights

  • 6,000‑square‑foot mixed‑use property on nearly 1/2 acre
  • Two residential apartments, including a two‑bedroom unit and a 3‑bedroom, 1,500 sq.ft. unit
  • 1,100 sq.ft. office suite with multiple private offices and a conference room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Plumbing Service Grocery & Convenience Store Big Box & Wholesale Store

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
Office units
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 54837, WI

3,864
Population
2,043
Households
1.9
Avg Household Size
50
Median Age
23%
College-Educated
95%
High-School Grad
170.1 sq mi
ZIP Area
23
Density / Sq Mi
$69,583
Median Household Income
$41,975
Median Earnings
$902
Median Rent
$211,500
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased asset combines residential apartments with a professional office suite.
Where is this mixed-use property located?
The property is located at 503 Wisconsin Ave S Frederic, WI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 6,000‑square‑foot mixed‑use property on nearly 1/2 acre; Two residential apartments, including a two‑bedroom unit and a 3‑bedroom, 1,500 sq.ft. unit; 1,100 sq.ft. office suite with multiple private offices and a conference room
More about this property
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