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$389,500 -$10,000 (-2.5%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 6,000 Sq. Ft.
  • 0.44 Acres
  • Updated 8 hours ago
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**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!

Full Property Details for 503 Wisconsin Ave S

General

  • Price: $389,500
  • Taxes: $4,813 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6815117
  • Updated: 2/12/2026
  • Added to Site: 97 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
  • Flooring: Carpet, Luxury Vinyl Plank, See Remarks, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Amenities: Deck, Ethernet Wired, Hardwood Floors, Security System, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Deck, Other, Patio, Porch, Side Porch

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Tuckunder Garage

Location

  • County: Polk
  • Township: Frederic
  • Subdivision: Industrial Sub
  • Driving Directions: From 4 way stop in Frederic, Head south on State rd 35 , property will be on left

School Information

  • School District: 936 - Frederic
  • High School District: Frederic

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 Separate, Heating Separate, Hot Water Separate

Structural Information

  • Exterior Const.: Block, Frame
  • Basement: Yes
  • Basement Desc.: Block, Full, Shared Access, Storage Space, Unfinished, Walk-Out
  • Foundation Size: 2400
  • Roof: Age 8 Years or Less, Metal, Pitched
  • Disability Access: None
  • Square Feet: 6,000
  • Finished Down/Base.: 6,000 Sq. Ft.
  • Current Bldg. Use: Professional/Office, Commercial, Office, Professional Service, Residential
  • Year Built: 1950

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.44
  • Lot Dimensions: 0 x 0 x 0 x 0
  • Frontage: State Road
  • Potential Use: Office, Other, Professional Service, Income
  • Zoning: Business/Commercial
  • Lot Description: Cleared, Corner Lot, Irregular Lot

Financial Considerations

  • Tax Amount: $4,813
  • Tax Year: 2024
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOTS 1 & 7 BLK 5 INDUSTRIAL SUBDIVISION
  • Inclusions: Building, Business, Land, Leases
  • Property ID: 126003450000

Listed by RE/MAX Cornerstone

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— 503 Wisconsin Ave S —

  • RE/MAX Cornerstone

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 503 Wisconsin Ave S

School District:Frederic School District
NameGradesDistance
Frederic Elementary School
305 Birch Street East, Frederic, WI 54837
PK-50.7 mi
Frederic 6-12 School
1437 Clam Falls Drive, Frederic, WI 54837
6-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 Wisconsin Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$389,500
-2.5%
MLS
12/30/2025
Price Reduced
$399,500
-27.36%
MLS
11/07/2025
Listed
$550,000
685.71%
MLS
11/15/2018
Sold
$70,000
—
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 503 Wisconsin Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,778
21%
$391,600
130%
2023
$3,952
93%
$170,600
67%
2022
$2,044
-3%
$102,100
—
2021
$2,097
-4%
$102,100
—
2020
$2,191
4%
$102,100
1%
2019
$2,099
21%
$100,600
—
2018
$1,731
-7%
$100,600
—
2017
$1,868
-1%
$100,600
—
2016
$1,892
—
$100,600
—
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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503 Wisconsin Avenue S, Frederic, WI 54837 (MLS# 6815117) is a Commercial property. 503 Wisconsin Avenue S is currently listed for $389,500 and was received on November 07, 2025. Want to learn more about 503 Wisconsin Avenue S? Do you have questions about finding other Commercial real estate for sale in Frederic? You can browse all Frederic real estate or contact a Coldwell Banker agent to request more information.

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