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Mixed-Use Building with Garage
For Sale
$695,000

509 E WALL ST, Eagle River, WI 54521

CommercialSale, Eagle River, WI

Property Size5,840 SF
Lot Size0.60 Acres
Price / SF$119.01
Days on Market52

Property Features for 509 E WALL ST

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 1
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 1, Bathroom 3
Interior features Storage
Directions HWY 45 N RIGHT ON WALL ST LEFT AT FIRE # 509 E WALL ST
Standard status Active
APN 221-660-03
Lot size 0.60 Acres

Additional Details

Mixed-Use Components commercial, residential

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 18CS131 LOTS 7-14 BLK 1 ORIGINAL PLAT EAGLE RIVER PRT NW NW
Tax Annual Amount 4804
Legal Description LOT 3 18CS131 LOTS 7-14 BLK 1 ORIGINAL PLAT EAGLE RIVER PRT NW NW

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Cooling system Window Unit(s)
Water source Public

Amenities

private patio/yard area
attached garage
lower level storage

Building Details

Floors in Building 1
Flooring type Laminate, Concrete, Carpet, Tile
Building materials Brick, Masonry
Roof type Shingle, Composition
Additional Structures Storage
Buildings 1
Listing Agency: RE/MAX PROPERTY PROS · RE/MAX International
Listed By: JUDY BARR & ASSOCIATES · License #56603 - 90
Added: Sep 3 Changed: Oct 23 Last Checked: Oct 24 at 10:06PM
MLS# 219497

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines commercial space with a separate one-bedroom, one-bath living area. The business portion is arranged with five offices, two reception areas, and three full bathrooms. The living quarters include a kitchen, a fireplace, vaulted ceilings, and a private patio and yard, with direct access to an attached three-car garage. A 1,395-square-foot lower level provides additional storage or support space.

Set on a 0.6-acre lot on E Wall Street in downtown Eagle River, the property has 17 private parking spaces and is zoned Downtown Commercial. The existing commercial layout and separate residential area provide distinct spaces for business and living uses.

Key Highlights

  • Mixed‑use property on a 0.6‑acre lot in downtown Eagle River
  • Commercial area includes 5 offices, 2 reception areas, and 3 full bathrooms
  • Separate 1BR/1BA living quarters with kitchen, fireplace, and private patio and yard

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Storage Facility Garden Center Bakery Computer & Electronic Repair Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Configured commercial space is paired with separate living quarters, a private patio, storage, and on-site parking.
Where is this mixed-use property located?
The property is located at 509 E WALL ST Eagle River, WI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Mixed‑use property on a 0.6‑acre lot in downtown Eagle River; Commercial area includes 5 offices, 2 reception areas, and 3 full bathrooms; Separate 1BR/1BA living quarters with kitchen, fireplace, and private patio and yard
More about this property
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