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Mixed-Use Office and Apartments
For Sale
$315,000

503 Wisconsin Avenue S, Frederic, WI 54837

Fully leased property combines an office suite with two apartments for diversified income and flexible operating uses.

Property Size6,000 SF
Lot Size0.50 Acres
Price / SF$121.15
Days on Market291

Property Features for 503 Wisconsin Avenue S

General Information

Standard status Active
Size 6,000 SF
Lot size 0.50 Acres
Property subtype Commercial
Zoning Business/Commercial
Occupancy 100%

Units

Multifamily Units 2
Office Units 1

Taxes and HOA fees

Annual Taxes $4,813

Building Details

Building Size 6,000 SF
Year Built 1950
Stories 2
Units 3
Tenancy Multi
Listing Agency: RE/MAX Cornerstone
Listed By: James Tinman · License #58005-90
Source: Ivyrealestategroup
Added: Nov 7, 2025 Changed: Aug 23 Last Checked: Aug 24 at 1:56PM

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 mixed-use commercial property includes two residential apartments and an office suite, all currently described as fully leased. The residential component features an upstairs two-bedroom, one-bath apartment, along with a three-bedroom, one-bath apartment. The office space is an approximately 1,100-square-foot suite with multiple private offices and a conference room, suited for professional or business operations.

The property is located in the Village of Frederic at 503 Wisconsin Ave S, on nearly a half-acre site. It offers prominent frontage along State Road 35 and is described as having easy access to nearby roads.

For tenants, buyers, and operators, the layout supports either continued use of the existing income mix or conversion to other business and residential configurations depending on business needs. The on-site combination of private office rooms and apartment units can provide flexibility for an owner-operator or investor looking to manage both professional workspace and residential space within a single property.

Key Highlights

  • Nearly 1/2‑acre multi‑use property in the Village of Frederic with commercial frontage on State Road 35
  • Fully leased setup with an 1,100 SF office suite featuring multiple private offices and a conference room
  • Two residential apartments generating rental income: upstairs 2‑bedroom, 1‑bath unit and a 3‑bedroom, 1‑bath unit

Property Analytics

Current Use

Duplexes

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

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?
Duplex - Fully leased property combines an office suite with two apartments for diversified income and flexible operating uses.
Where is this duplex 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: Nearly 1/2‑acre multi‑use property in the Village of Frederic with commercial frontage on State Road 35; Fully leased setup with an 1,100 SF office suite featuring multiple private offices and a conference room; Two residential apartments generating rental income: upstairs 2‑bedroom, 1‑bath unit and a 3‑bedroom, 1‑bath unit
More about this property
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