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Commercial-Zoned Income Property
For Sale
$172,900

602 3RD Street, Algoma, WI 54201

Commercial Sale, ALGOMA, WI

Property SizeContact for details
Lot Size0.20 Acres
Days on Market122

Property Features for 602 3RD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Full
Elementary school district Algoma
Middle school district Algoma
High school district Algoma
Directions As you enter town, stay on WI-42 (Lake Street). Turn left onto Clark Street, then head west a couple of blocks. Turn right onto 3rd Street. Continue
Standard status Active
APN 31 201 YS 103
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3416

Utilities

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

Building Details

Year built 1950
Building materials Metal Siding, Shake Siding
Listing Agency: EXP Realty LLC
Listed By: Jason P. Holdinski · License #94-92648
Added: Apr 22 Changed: Aug 20 Last Checked: Aug 21 at 8:06PM
MLS# 50324078

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 residential income property occupies a 0.2-acre lot at 602 3rd Street in Algoma, Wisconsin. The 1950-built structure has metal and shake siding, along with forced-air heating and central air conditioning. Commercial zoning supports the property’s current commercial classification, while public water and public sewer serve the site.

The property is near Ahnapee Brewery and within close proximity to Lake Michigan. Its Algoma setting places the building in a lakeside community with nearby local activity and waterfront access. The parcel is located in Kewaunee County and carries a 54201 postal code.

Key Highlights

  • Commercial zoning on a 0.2‑acre parcel
  • 1950 construction with metal and shake siding
  • Forced‑air heating and central air conditioning

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Hair Salon Pharmacy Electrical 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

315
Businesses Nearby

Demographics for 54201, WI

5,281
Population
2,603
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
92%
High-School Grad
75.5 sq mi
ZIP Area
70
Density / Sq Mi
$65,772
Median Household Income
$39,787
Median Earnings
$823
Median Rent
$174,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Residential income property with commercial zoning, public utilities, forced-air heat, and central air conditioning.
Where is this residential income property located?
The property is located at 602 3RD Street Algoma, WI.
What is the asking price?
The asking price for this property is $172,900.
What are key features of this property?
This property features: Commercial zoning on a 0.2‑acre parcel; 1950 construction with metal and shake siding; Forced‑air heating and central air conditioning
More about this property
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