Residential Income

Herbster, WI Residential Income Properties for Sale

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Lake Superior Waterfront Land Parcel
Updated: Jun 20
Lake Superior Waterfront Land Parcel

2XXXX Lost Creek Rd, Herbster, WI 54844

$985,000
2.25 AC lot
2.25+/- acre waterfront parcel on Lake Superior (Siskiwit Bay, Herbster, WI)
689+/- feet of sandy frontage along Lost Creek with level, park‑like terrain
Direct access to Lake Superior’s sandy beach via Lost Creek Road end
Dual shoreline features: Lost Creek sandy frontage plus Lake Superior sandy beach access
Includes a charming beach house and an artesian well
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Herbster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

37-Unit Mixed-Use Property
37-Unit Mixed-Use Property

210 Main St W, Ashland, WI 54806

$2,775,000
35,078 sqft 0.48 AC lot

Main-level storefronts complement apartments with private bathrooms and floor-by-floor coin laundry.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

324 W Bayfield St, Washburn, WI 54891

$329,000
4,079 sqft 0.24 AC lot

Fully occupied building combining a commercial storefront with two upper-level apartments and live-work zoning.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

324 W Bayfield St, Washburn, WI 54891

$329,000
4,156 sqft 0.24 AC lot

Fully occupied live-work property combining a commercial storefront with two upper-level apartments and Lake Superior views.

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Historic Ashland Building on Main
Historic Ashland Building on Main

518 Main St W, Ashland, WI 54806

$249,000
0.08 AC lot

Iconic 1884 building with commercial space and residential apartment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Wooded Northwoods Land Lot
Wooded Northwoods Land Lot

TBD Lot #4 Tressel Trail lot: #4, Iron River, WI 54847

$63,000
5.04 AC lot

A 5-acre wooded lot with power available and high-ground building areas, suited for a home or cabin site.

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Land Parcel Near Public Wilderness
Land Parcel Near Public Wilderness

Power Line Road lot: Parcel 9, Iron River, WI 54847

$63,000
5.46 AC lot

5.46 acre parcel near county land with utilities available.

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Herbster, WI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Herbster, WI on our real estate platform.

Sale prices for residential income properties in Herbster, WI average $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 1

Demographics Overview

Population 285
Population Growth (5Y) +31.9%
Median Household Income $65,625
College Educated 54.4%

Taxes & Financing

Tax Rate (average for all types) 1.58%
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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