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$169,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1,500 Sq. Ft.
  • 0.16 Acres
  • Updated 1 day ago
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Location, Location, Location-Turnkey Opportunity in the Heart of Balsam Lake! Step into a rare chance to own a well-established local favorite in the charming lake community of Balsam Lake. This cafe is a beloved gathering spot with prime location just minutes from the water, local shops, and year-round recreation. This fully operational cafe offers a seamless transition for new ownership, featuring drive thru window, well-equipped commercial kitchen, dining area with ample seating, and layout designed for efficiency and comfort. Positioned in a high-visibility location with consistent foot and vehicle traffic, the property benefits from strong community presence and seasonal tourism. Expand the vision with opportunities for extended hours, special events, or menu enhancements to maximize revenue potential. Bring your passion, creativity, and entrepreneurial spirit-this is your chance to own a staple of the Balsam Lake community!

Full Property Details for 405 Main St

General

  • Price: $169,900
  • Taxes: $1,267 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7046822
  • Updated: 4/2/2026
  • Added to Site: 5 day(s) ago

Interior

  • Flooring: Carpet, Concrete Slab, Tile

Parking

  • Parking Features: Gravel

Location

  • County: Polk
  • Township: Balsam Lake
  • Driving Directions: From Highway 8-North on Highway 46, property on the left when entering Balsam Lake.

School Information

  • School District: 1132 - Unity
  • High School District: Unity

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Foundation Size: 1500
  • Roof: Flat, Rubber
  • Disability Access: No Stairs External, No Stairs Internal
  • Square Feet: 1,500
  • Finished Down/Base.: 1,500 Sq. Ft.
  • Current Bldg. Use: Restaurant
  • Year Built: 1950

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Dimensions: 90 x 78
  • Frontage: State Road
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,267
  • Tax Year: 2025
  • Terms: Conventional, Cash, Special Funding

Disclosures and Reports

  • Legal Description: PCL GOV LOT 1 COM AT INT OF S LINE OF GL 1 AND W LINE OF MAIN ST, TH N 100', TH W 108' 7", TH S 100', TH E TO POB; EX W 30' AND ALSO EXC N 10'
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 106005780000

Listed by Saphire Realty

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Listing agent

— 405 Main St —

  • Saphire Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 405 Main St

School District:Unity School District
NameGradesDistance
Unity Elementary School
1908 150th St, Balsam Lake, WI 54810
PK-42.5 mi
Unity Middle School
1908 150th St, Balsam Lake, WI 54810
5-82.5 mi
Unity High School
1908 150th St, Balsam Lake, WI 54810
9-122.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 405 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$169,900
79.79%
MLS
5/09/2025
Sold
$94,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 405 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,231
5%
$93,000
—
2024
$1,177
18%
$93,000
—
2023
$998
-31%
$93,000
2%
2022
$1,452
-9%
$91,400
—
2021
$1,587
-1%
$91,400
—
2020
$1,609
-4%
$91,400
—
2019
$1,676
8%
$91,400
5%
2018
$1,549
-4%
$87,400
—
2017
$1,619
-1%
$87,400
—
2016
$1,630
—
$87,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Saphire Realty

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405 Main Street, Balsam Lake, WI 54810 (MLS# 7046822) is a Commercial property. 405 Main Street is currently listed for $169,900 and was received on March 30, 2026. Want to learn more about 405 Main Street? Do you have questions about finding other Commercial real estate for sale in Balsam Lake? You can browse all Balsam Lake real estate or contact a Coldwell Banker agent to request more information.

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