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Mixed-Use Property with Apartments
For Sale
$315,000

503 Wisconsin Avenue S, Frederic, WI 54837

CommercialSale, Frederic, WI

Property Size3,600 SF
Lot Size0.45 Acres
Price / SF$87.50
Days on Market286

Property Features for 503 Wisconsin Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Interior features Storage
Exterior features Lighting
Accessibility Accessible Approach with Ramp
Elementary school district Frederic
Middle school district Frederic
High school district Frederic
Directions From 4 way stop in Frederic, Head south on State rd 35 , property will be on left
Standard status Active
APN 126003450000
Size 3,600 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4813

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Flooring type Carpet
Building materials CementSiding, VinylSiding
Additional Structures Storage
Listing Agency: Re/Max Cornerstone · RE/MAX International
Listed By: Jim Tinman ~ Tinman Real Estate Group · License #58005-90
Added: Nov 7, 2025 Changed: Aug 19 Last Checked: Aug 20 at 1:06AM
MLS# 1596976

Copyright © 2026 REALTORS® Association of Northwestern 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 3,600-square-foot mixed-use property combines two residential apartments with an 1,100-square-foot office suite. The upper apartment includes two bedrooms and one bathroom, while the second apartment offers three bedrooms, one bathroom, and 1,500 square feet. The office component includes multiple private offices and a conference room. Storage, carpeted flooring, forced-air heating, central air, and an accessible approach with ramp are among the property features. Construction includes cement siding and vinyl siding, with exterior lighting and a basement. Built in 1950, the property is served by public water and public sewer and is fully leased.

The 0.45-acre site has frontage on State Road 35 and is located at 503 Wisconsin Avenue S in Frederic, Wisconsin. Its combined residential and office configuration supports continued operation as a leased mixed-use asset.

Key Highlights

  • Two residential apartments, including a two‑bedroom unit and a 1,500‑square‑foot three‑bedroom unit
  • 1,100‑square‑foot office suite with private offices and a conference room
  • 3,600 square feet of total property size on 0.45 acres

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
Highway access
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial property combining residential apartments with a professional office suite and public utilities.
Where is this mixed-use property located?
The property is located at 503 Wisconsin Avenue 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: Two residential apartments, including a two‑bedroom unit and a 1,500‑square‑foot three‑bedroom unit; 1,100‑square‑foot office suite with private offices and a conference room; 3,600 square feet of total property size on 0.45 acres
More about this property
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