503 Wisconsin AVE S Frederic, WI 54837
9 Beds
3 Baths
0.44 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Industrial Sub
MLS Listing ID 6815117
Bedrooms 9
Year Built 1950
Annual Tax Amount $4,813
Tax Year 2024
Contingent None
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 0x0x0x0
Property Description
Located on nearly 1/2 acre in the Village of Frederic, this versatile property offers a fantastic opportunity for investors or business owners seeking a combination of commercial and residential space. Situated with easy access and prominent frontage on State Road 35, the property is fully leased and includes the following features:
- **Two Apartments:** Generating rental income, the property features two residential apartments:
- *Upstairs Two-Bedroom, One-Bath Apartment*
- *Three-Bedroom, 1,500 sq.ft. Apartment with One Bath*
- **Office Space:** An 1,100 sq.ft. office suite includes multiple private offices and a conference room, ideal for professional or business use.
This property offers flexibility for continued rental income or potential redevelopment. Its prime location, close proximity to major roads, and diverse use options make it an excellent investment opportunity. Don't miss the chance to own fully leased, multi-faceted property in the heart of Frederic!
Location
State WI
County Polk
Zoning Business/Commercial
Rooms
Basement Block, Full, Shared Access, Storage Space, Unfinished, Walkout
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Luxury Vinyl Plank, See Remarks, Tile
Inclusions Building, Business, Land, Leases
Fireplace No
Appliance Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
Exterior
Parking Features Tuckunder Garage
Garage Spaces 1.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Age 8 Years or Less,Metal,Pitched
Present Use Professional/Office,Commercial,Office,Professional Service,Residential
Building
Lot Description Cleared, Corner Lot, Irregular Lot
Story Two
Foundation 2400
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block,Frame
New Construction false
Schools
School District Frederic