Renovated Triplex with Private
New
For Sale
$897,000
5256 HWY 51, Manitowish Waters, WI 54545
CommercialSale, Manitowish Waters, WI
Property Size3,200 SF
Lot Size1.16 Acres
Price / SF$280.31
Days on Market5
Property Features for 5256 HWY 51
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
3
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bathroom 4, Bathroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Driveway
Exterior features
Landscaping
Lot features
Level, Wooded
Directions
From Manitowish Waters, go South on HWY 51 for about 5 miles. Property is on your left, across from the Howling Dog Saloon.
Standard status
Active
APN
16-1247-08
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRTS NE SE & SE SE FKA 13-23 & 13-24
Tax Annual Amount
2250
Legal Description
PRTS NE SE & SE SE FKA 13-23 & 13-24
Utilities
Heating system
Natural Gas, Forced Air, Hot Water(Heating)
Cooling system
Central Air
Water source
Well
Amenities
common laundry room
private gated entrance
Building Details
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Wood, Tile
Building materials
Cedar, Frame, LogSiding
Roof type
Shingle, Composition
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
LINDA LONG TEAM · License #54872 - 90
(715) 543-2544
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 9:06PM
MLS# 219897
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.
Investment Insights
Based on property information with market context.
This renovated triplex contains three furnished units, each with its own exterior entrance and secure interior connections between spaces. The layout can function as three separate rentals or as one connected residence. A shared laundry room serves the units, and a gated entry provides controlled access. The building measures more than 3,200 square feet and sits on a 1.16-acre parcel with Community Business zoning.
The property fronts USH 51, where the Wisconsin DOT reports 4,600 vehicles per day. Additional land behind the building has separate access from Townline Road. Snowmobile trails, biking paths, and a boat landing serving the Manitowish Chain of Lakes are nearby.
The property fronts USH 51, where the Wisconsin DOT reports 4,600 vehicles per day. Additional land behind the building has separate access from Townline Road. Snowmobile trails, biking paths, and a boat landing serving the Manitowish Chain of Lakes are nearby.
Key Highlights
- Three renovated units with private exterior entrances and secure interior connections
- More than 3,200 square feet on a 1.16‑acre parcel
- Community Business zoning
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 54545, WI
852
Population
1,328
Households
0.6
Avg Household Size
63
Median Age
53%
College-Educated
99%
High-School Grad
48.3 sq mi
ZIP Area
18
Density / Sq Mi
$80,607
Median Household Income
$44,453
Median Earnings
$1,107
Median Rent
$647,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three furnished units connect through secure interior access and share a central laundry room.
Where is this triplex located?
The property is located at 5256 HWY 51 Manitowish Waters, WI.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Three renovated units with private exterior entrances and secure interior connections; More than 3,200 square feet on a 1.16‑acre parcel; Community Business zoning
