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    Florence, WI
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    Florence, WI Specialty Properties for Sale

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    Crystal Falls, MI Iron Mountain, MI Kingsford, MI Sagola, MI Quinnesec, MI Niagara, WI Long Lake, WI Goodman, WI
    Turnkey Commercial Building
    Updated: Jun 22
    Turnkey Commercial Building

    733 Central Ave, Florence, WI 54121

    $159,900
    1,968 sqft
    1,968 SF updated commercial building with move‑in‑ready interior finishes
    Recent system upgrades: 200‑amp electrical service, natural gas furnace with updated ductwork, and central air
    Interior updates within the last 5 years: new flooring, drywall, and lighting
    Remodeled bathroom and addition of two utility sinks
    Metal roof installed in 2010
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    Renovated Wedding Venue with Ballroom
    Updated: Jul 14, 2025
    Renovated Wedding Venue with Ballroom

    748 Central Avenue, Florence, WI 54121

    $895,000
    15,400 sqft
    Grand ballroom accommodates up to 300 guests
    50 ft bar area and full commercial kitchen
    Tables, chairs, and inventory included
    Valid Wisconsin liquor license
    Existing tanning, martial arts, and exercise/gym occupants
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Florence, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Church with Cathedral Ceilings
    Historic Church with Cathedral Ceilings

    103 Blossom Street, Iron River, MI 49935

    $90,000
    3,586 sqft 0.33 AC lot

    Basement includes office, dining, kitchen, storage, and half-bath areas.

    View details
    Brick Office Building
    Brick Office Building

    502 DIVISION ST E, Eagle River, WI 54521

    $324,900
    0.36 AC lot

    Commercial building near downtown with fenced grounds, storage, public utilities, and a driveway.

    View details
    Waterfront Land With Boat Slips
    Waterfront Land With Boat Slips

    3801 EAGLE WATERS RD, Eagle River, WI 54521

    $4,000,000
    121.00 AC lot

    Approved planned-use development fronts Voyageur Lake with recreational amenities and access to the Eagle River Chain.

    View details
    School Property with Gymnasium
    School Property with Gymnasium

    3257 US2 Highway, Iron River, MI 49935

    $274,500
    20,000 sqft 4.89 AC lot

    Flexible educational facility with multiple classrooms, administrative offices, and adaptable community-oriented spaces.

    View details

    Florence, WI Specialty Properties Market Trends and Statistics

    Explore 2 specialty properties for sale in Florence, WI on our real estate platform. These investment opportunities span a total of 17,368 square feet of properties for sale, with an estimated market value of $1,054,900.

    Sale prices for properties in Florence, WI start at $159,900, averaging $527,450, and reaching up to $895,000 — 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

    Wedding venues 1

    Demographics Overview

    Population 3,213
    Population Growth (5Y) +7.6%
    Median Household Income $57,927
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54121 $895K

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Florence County

    New Delisted

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