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Apartment Building with Former Restaurant
For Sale
$330,000

506 FOREST HOME Drive, Francis Creek, WI 54214

Residential Income, FRANCIS CREEK, WI

Property Size3,728 SF
Lot Size1.04 Acres
Price / SF$88.52
Days on Market48

Property Features for 506 FOREST HOME Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial,Multi-Family(
Parking 3
Lot features Sidewalk
Elementary school district Mishicot
Middle school district Mishicot
High school district Mishicot
Directions Hwy 43 to Hillcrest Road Exit, Francis Creek. East to Packer Drive. North to Forest Home Drive. Right on Forest Home Drive, property is on Left.
Standard status Active
APN 032-014-011-014.00
Size 3,728 SF
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5726

Utilities

Sewer type Public Sewer
Heating system Forced Air, Radiant
Water source Well

Building Details

Year built 1900
Number of units 5
Building materials Aluminum Siding, Brick
Listing Agency: Shorewest, Realtors
Listed By: Joseph R. Moore · License #91936003
Added: Jul 16 Changed: Aug 31 Last Checked: Sep 1 at 3:06AM
MLS# 50329286

Copyright © 2026 Realtor Association of Northeast 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 3,728-square-foot apartment property combines five residential units with private baths and six individually rented rooms served by a shared bath. The building also includes a former restaurant area with a bar, commercial kitchen equipment, furnishings, dinnerware, and a former bowling alley. Plumbing, HVAC, and electrical systems have been updated, while additional cosmetic work remains to be completed.

The 1.04-acre property is zoned Commercial, Multi-Family and was built in 1900. Construction includes aluminum siding and brick. Heating is provided by radiant and forced-air systems, with water supplied by a well and wastewater handled through public sewer.

Key Highlights

  • Five apartment units, each with a private bath
  • Six individual rental rooms with a shared common bath
  • Former restaurant includes bar, commercial kitchen equipment, furnishings, and dinnerware

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Bakery

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

11
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 54214, WI

442
Population
300
Households
1.5
Avg Household Size
44
Median Age
11%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
884
Density / Sq Mi
$85,000
Median Household Income
$43,750
Median Earnings
$631
Median Rent
$237,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed residential and commercial property with updated building systems, on-site well water, and public sewer service.
Where is this apartment building located?
The property is located at 506 FOREST HOME Drive Francis Creek, WI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Five apartment units, each with a private bath; Six individual rental rooms with a shared common bath; Former restaurant includes bar, commercial kitchen equipment, furnishings, and dinnerware
More about this property
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