Listing provided courtesy of Coldwell Banker Real Estate Groupas Distributed by MLSGrid- MLS# RAN50326395MLS Provider

1851 MILWAUKEE StreetPELICAN LAKE, WI 54463

Commercial · 2,880 Sq. ft. | 0.94 Acres
$375,000 Active-No Offer

1851 MILWAUKEE Street Overview

Time on Site:
32 days
Visits:
33

This property offers numerous possibilities and includes an additional three vacant lots, as well as a two-bedroom home that is currently rented. The commercial building has a Milwaukee St. address but has a full front view from Hwy 45, is accessed from Cato St., and is across the street from Pelican Lake. The commercial building measures 40x72 feet (as per the assessor) and is divided into storage space. Most of the area currently operates as a bait shop, which has a half bath, a finished office, and a lounge area. The home features 1,144 sq. ft (as per assessor), includes a full basement, and updates to the windows, pump, pressure tank, and water heater. Being sold in as-is condition

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1851 MILWAUKEE Street Facts & Features

  • Type Commercial
  • Sq. ft. 2,880
  • Price/Sq.ft. $130
  • Lot 0.94 Acres

Details

General

School Information

  • School District: Rhinelander

Building Information

  • Year Built: 1940

Business Information

  • Business Name: B Baits Inc
  • Business Type: Retail

Location/Region

  • County Or Parish: Oneida

Rent/Lease Information

  • Tenant Pays: All Expenses

Tax Information

  • Tax Annual Amount: 938

General Information

  • Municipality: Town of Pelican
  • Inclusions: Range, refrigerator, washer, dryer in the home are included
  • Parcel Number: SC-892
  • Property Sub Type: Real Estate
  • Property Type: Commercial Sale
  • Zoning: Commercial

Interior

Building Information

  • Heating Fuel Type: Natural Gas
  • Warehouse Sq Ft: 864

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2880

General Information

  • Basement: None
  • Entry Location: Highway Nearby,Residential Area
  • Foundation Details: Poured Concrete, Slab
  • Heating: Forced Air

Exterior

Lot Information

  • Lot Size Acres: 0.94
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 41251
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Brick

General Information

  • Sewer: Conventional Septic

1851 MILWAUKEE Street Neighborhood

Community

54463 (PELICAN LAKE) Demographics

52
Median Age
7
Population Density (per sq. mile)
33%
College Educated
$47,500
Estimated Median Income
243
Estimated Total Home Owners
47
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1851 MILWAUKEE Street Market Data

Based on the last 30 days in this zip code

$611,346
Average List Price
$258
Average Price per Square Foot
0
Properties Sold
82
Average Days on Market
13
Properties for Sale
Calculations provided by Reliance Network

1851 MILWAUKEE Street History

Date Event Value Agent
5/29/2026Source: Northeast Wisconsin MLS Added to Database
May 29, 2026