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125 Lake Ave N

Crandon, WI 54520
  • $274,900
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 216596
UPDATED: 31 min ago
$274,900
  • 5
    BEDS
  • 0.08
    ACRES
  • 5
    BATHS
  • 5
    1/2 BATHS
  • 6,384
    SQFT
  • $43
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Attention Investors and Property Owners! This versatile commercial building in the heart of Crandon presents an outstanding opportunity for strong cash flow and long-term growth. The property features a well-balanced mix of income-producing units, including three studio apartments and two spacious 2-bedroom apartments, along with an established main-level business space and an additional 1,000 sq ft commercial area ready for a new tenant or business venture. There is also extra main floor space offering the potential to expand with another business or convert into an additional rental unit, maximizing your return on investment. The basement provides ample storage for tenants or business use. Ideally located for visibility and convenience, this property is perfectly positioned to attract both residential and commercial tenants. Whether you're looking to expand your portfolio or invest in a high-potential property, this is an opportunity you won’t want to miss!

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© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-05-16T10:07:22.87.
www.dreamnorthre.com/homes/175656270
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125 Lake Ave N Crandon, WI 54520

  • Price: $274,900
  • Status: Active
  • On Site: 23 Days
  • Updated: 31 min ago
  • MLS #: 216596
5
Beds
5
Baths
5
½ Baths
0.08
Acres
6,384
SQFT
$43
$/SQFT
County:
Forest
Area:
Crandon
Property Description
Attention Investors and Property Owners! This versatile commercial building in the heart of Crandon presents an outstanding opportunity for strong cash flow and long-term growth. The property features a well-balanced mix of income-producing units, including three studio apartments and two spacious 2-bedroom apartments, along with an established main-level business space and an additional 1,000 sq ft commercial area ready for a new tenant or business venture. There is also extra main floor space offering the potential to expand with another business or convert into an additional rental unit, maximizing your return on investment. The basement provides ample storage for tenants or business use. Ideally located for visibility and convenience, this property is perfectly positioned to attract both residential and commercial tenants. Whether you're looking to expand your portfolio or invest in a high-potential property, this is an opportunity you won’t want to miss!
Interior Features

Heating Hot Water Heating YN Yes

Property Features

Inclusions Real Estate Only Ownership Type Fee Simple Property Sub Type Business Property Sub Type Additional Office Multi Family Public Survey Range 13 E Public Survey Section 30 Public Survey Township 36 N Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 2865 Tax Year 2025 Township FO Crandon City Waterfront YN No

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Kathy Flannery of HOMELAND REALTY WI LLC: (715)449-5022.



© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-05-16T10:07:22.87.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548