Retail

Tomahawk, WI Retail Properties & Spaces for Sale

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Retail Liquor Store Building
Updated: Feb 19
Retail Liquor Store Building

1515 4TH ST N, Tomahawk, WI 54487

$599,900
0.47 AC lot
Currently operating as the Tomahawk Liquor Store; equipment and inventory sold separately
High‑traffic North 4th Street corridor location in Tomahawk
Metal siding exterior with a rubber and metal roof
Central air cooling and forced‑air natural gas heat
Public water and public sewer
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Retail & Meat Shop Building
Updated: Aug 30, 2025
Retail & Meat Shop Building

1208 4TH ST N, Tomahawk, WI 54487

$479,900
9.80 AC lot
1,712 SF commercial building with full basement and storage, built in 1970
Spans three lots totaling 9.80 acres with a large parking lot
Set up as a retail space and meat shop; equipment can be purchased separately
Forced‑air natural gas heating and central air cooling for year‑round comfort
Public water and public sewer; shingle/composition roof
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Turnkey Automotive Sales & Service Facility
Turnkey Automotive Sales & Service Facility

1735 COMFORT DR, Tomahawk, WI 54487

$1,200,000
5.22 AC lot

Turnkey dealership with indoor showroom, shop area, and heated motorcycle storage, plus office and parts rooms.

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Versatile Commercial Building on N 4th
Versatile Commercial Building on N 4th

990 N 4th St, Tomahawk, WI 54487

$825,000
22,316 sqft

Adaptable commercial space on a major thoroughfare, suitable for various businesses.

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Lakefront Supper Club Restaurant
Lakefront Supper Club Restaurant

W6041 NORTHERN LIGHTS CR, Tomahawk, WI 54487

$325,000
0.05 AC lot

Turn-key fine dining and bar with lakefront deck seating and a professional kitchen, plus expansion space in the basement.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Tomahawk, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

Bar and Grill with Upstairs Apartment
Bar and Grill with Upstairs Apartment

705 4TH ST N, Merrill, WI 54487

$489,900
0.70 AC lot

Operate a full bar and restaurant with a separate 2-bedroom upstairs living or rental unit.

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Downtown Corner Mixed-Use Building
Downtown Corner Mixed-Use Building

400-406 PELHAM ST S, Rhinelander, WI 54501

$449,900
0.53 AC lot

Mixed-use corner property with leased retail/office and residential units plus off-street paved parking.

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Downtown Mixed-Use Corner Property
Downtown Mixed-Use Corner Property

400-416 PELHAM ST S, Rhinelander, WI 54501

$549,900
0.70 AC lot

Two-building downtown mixed-use offering residential apartments plus retail and office space with private off-street parking.

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Established Towing and Service Business
Established Towing and Service Business

W4066/68 Cth G, Merrill, WI 54452

$2,000,000
20.00 AC lot

Profitable towing and auto service business with real estate included.

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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.

Tomahawk Development Opportunity Near Lake
Tomahawk Development Opportunity Near Lake

RAILWAY ST N lot: 1-6, Tomahawk, WI 54487

$250,000
0.98 AC lot

Prime commercial land for development near Lake Mohawksin.

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Tomahawk, WI Commercial Land
Tomahawk, WI Commercial Land

60 Acres SOMO AVE E, Tomahawk, WI 54487

$479,900
60.57 AC lot

60-acre corner lot suitable for commercial or multi-unit residential development.

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Rhinelander Land For Sale
Rhinelander Land For Sale

5728 HWY 8, Rhinelander, WI 54501

$34,000
0.35 AC lot

Highly visible 0.35-acre parcel with multiple use potential.

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Rhinelander Commercial Land For Sale
Rhinelander Commercial Land For Sale

ON HWY 17, Rhinelander, WI 54501

$110,000
6.12 AC lot

6-acre commercial property with high visibility and river frontage.

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Off-Market Properties in Tomahawk, WI

Consider similar Off-Market properties in Tomahawk, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

W7318 Wi-86
Restaurants

W7318 Wi-86, Tomahawk, WI 54487

Value Estimation by Request
6,500 sqft 1.50 AC lot
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Tomahawk, WI Retail Properties & Spaces Market Trends and Statistics

Explore 6 retail properties & spaces for sale in Tomahawk, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,316 square feet of properties for sale, with an estimated market value of $825,000.

Sale prices for stores in Tomahawk, WI start at $825,000, averaging $825,000, and reaching up to $825,000 — 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

Grocery and convenience stores 3
Auto shops 1
Automotive properties 1
Showrooms 1

Demographics Overview

Population 9,740
Population Growth (5Y) +1.6%
Median Household Income $76,712
College Educated 15.1%

High-Yield Neighborhoods for Investment

Identify Tomahawk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
54487 $686K

Taxes & Financing

Tax Rate (average for all types) 1.71%
Tax Rate vs County Average 0.74 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lincoln County

New Delisted

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