503 Wisconsin Avenue S, Frederic, WI 54837

$325,000
Property Type: Commercial Bedrooms: 9 Baths: 3 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $325,000 List Date: 11/07/2025 Last Modified: 4/08/2026

Overview

Description

**Multi-Use Commercial Property in Frederic – Prime Location with Tons of Potential** 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!

Listing Details MLS# 6815117

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
Yes
Owner Occupied
No
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2400
Garage Stalls
Yes
Power Company
Northwestern Wisconsin Electric
For Sale or Lease
For Sale
Acres
0.44
Lot Dimensions
0x0x0x0
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Ethernet Wired; Hardwood Floors; Security System; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Basement: Concrete Block; Full; Shared Access; Storage Space; Unfinished CMU Style: Apartments and Retail; Apartments/Multi Family; Mixed Use; Office Construction Materials: Block; Frame Construction Status: Previously Owned Current Use: Business Service; Commercial; Office; Professional Service; Residential Exterior: Metal; Vinyl Flooring: Carpet; Luxury Vinyl Plank; Other/See Remarks; Tile Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Loan Terms: Cash; Conventional Location Description: Other/See Remarks Lock Box Type: None Lot Description: Cleared; Corner Lot; Irregular Lot Miscellaneous Information: 2+ Lavatories; 220 Volt; Building Sign; Display Window; Exterior Lighting; Out Buildings On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Overhead Door Clearance: 0-9 Feet Parking Characteristics: Tuckunder Garage Potential Use: Income; Office; Other; Professional Rent Rate per Foot: Gross Road Frontage: State Road Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Metal; Pitched Sewer: City Sewer/Connected Stories: Two Wall Description: Concrete/Block; Drywall; Finished; Insulated; Other/See Remarks; Plaster; Wood Water: City Water/Connected Window Features: Display Window(s); Double Pane Windows; ENERGY STAR Qualified Windows

Contract Information

Exclusions
Tenant Personal Property, Owners Personal Property
Contingency
None
ListPrice
325000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
503
Street Name
Wisconsin
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Frederic
County
Polk
State
WI
Zip Code
54837
Complex/Dev/Subdivision
Industrial Sub

Assessments

Tax With Assessments
4813
Assessment Balance
0

Basement

Foundation Dimensions
40 x 60
Concrete Block
Yes
Full
Yes
Shared Access
Yes
Storage Space
Yes
Unfinished
Yes

More Information

Building Information

Building Finished SqFt
3600
Building SqFt
6000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
2+ Lavatories
Yes
220 Volt
Yes
Building Sign
Yes
Display Window
Yes
Exterior Lighting
Yes
Out Buildings
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
17W
Section#
34
Township#
37N

Sale Options

Sale Includes
Building, Business, Land, Leases

Unit 1

Unit Number
Yes
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
6
Level
2nd Level
Unit Total SqFt
1100
Leased?
Yes
Lease Expiration Date
2026-07-31

Unit 2

No. of 2 Bedroom Units
Yes
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
Main Level
Total Bathrooms
Yes
Total Bedrooms
3
Total Rooms
8
Unit Number
2
Unit Total SqFt
1500

Unit 3

No. of 3 Bedroom Units
Yes
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
Main Level
Total Bathrooms
Yes
Total Bedrooms
4
Total Rooms
6
Unit Number
3
Unit Total SqFt
1100

Unit Details

Total Units
3

Office/Member Info

Association
WWRA

Location, Tax and Other Information

Legal Description
LOTS 1 & 7 BLK 5 INDUSTRIAL SUBDIVISION
Listing City
Frederic
Map Page
999
Municipality
Frederic
School District
Frederic
School District Phone
715-327-5630
Zip Plus 4
564
Property ID Number
126003450000
Tax Year
2024
Tax Amount
4813
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
**Multi-Use Commercial Property in Frederic – Prime Location with Tons of Potential** 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!
Directions
From 4 way stop in Frederic, Head south on State rd 35 , property will be on left

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
Ethernet Wired
Yes
Hardwood Floors
Yes
Security System
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Metal
Yes
Vinyl
Yes

Flooring

Carpet
Yes
Luxury Vinyl Plank
Yes
Other/See Remarks
Yes
Tile
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Cable
Yes

Lock Box Type

None
Yes

Lot Description

Cleared
Yes
Corner Lot
Yes
Irregular Lot
Yes

Parking Characteristics

Tuckunder Garage
Yes

Patio, Porch and Deck Features

Deck
Yes
Other
Yes
Patio
Yes
Porch
Yes
Side Porch
Yes

Road Frontage

State Road
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Metal
Yes
Pitched
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Concrete/Block
Yes
Drywall
Yes
Finished
Yes
Insulated
Yes
Other/See Remarks
Yes
Plaster
Yes
Wood
Yes

Water

City Water/Connected
Yes

Window Features

Display Window(s)
Yes
Double Pane Windows
Yes
ENERGY STAR Qualified Windows
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Apartments and Retail
Yes
Apartments/Multi Family
Yes
Mixed Use
Yes
Office
Yes

Current Use

Business Service
Yes
Commercial
Yes
Office
Yes
Professional Service
Yes
Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Other/See Remarks
Yes

Overhead Door Clearance

0-9 Feet
Yes

Potential Use

Income
Yes
Office
Yes
Other
Yes
Professional
Yes

Rent Rate per Foot

Gross
Yes
Listing Office: RE/MAX Cornerstone
IDX
Last Updated: April - 08 - 2026
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