1851 MILWAUKEE Street Pelican Lake, WI $ 375,000
1851 MILWAUKEE Street
$ 375,000
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1851 MILWAUKEE Street

Pelican Lake, WI, 54463
$ 375,000
Bedrooms-- Baths-- Sq 2,880

Monthly Estimate*

$ 2,309

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Commercial Property for sale in Pelican Lake, WI

for $375,000. This 2,880 square foot building was built in 1940 on a lot size of 0.94.

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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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 938

Style

For Sale Real Estate

Lot Size

0.94

Year Built

1940

Town/City

Pelican Lake

County/Region

Oneida

MLS | Web ID

50326395

Features
General
Sewer Conventional Septic
Heating Forced Air
Zoning Commercial
Construction Materials Aluminum Siding Brick
Year Built 1940
Tenant Pays All Expenses
Property Subtype Real Estate
Business Type Retail
Business Name B Baits Inc
County Oneida
Property Type Commercial Sale
Status Active-No Offer
Directions Highway 45 to Pelican Lake to Milwaukee Street
City PELICAN LAKE
Entry Location Highway Nearby Residential Area
High School District Rhinelander
Lot Size Square Feet 41251
Tax Annual Amount 938
Virtual Tour https://videos.backatyou.com/1851-milwaukee-street-smc1262374673_357150_unbranded_listing_video
Standard Status Active
Year Built Source Public Records
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Interior
Basement None
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Exterior
Water Source Well
Inclusions Range refrigerator washer dryer in the home are included
Foundation Details Poured Concrete Slab
Building Area Total 2880
Lot Size Acres 0.94
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Russell J Schisel

Listing Agent

Coldwell Banker Real Estate Group

Broker

rschisel@coldwellhomes.com

Email

Affordability Calculator

$2,387
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5146135 Elementary School
5146134 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/29/2026$375,000 Listed Price

Map


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1851 MILWAUKEE Street, Pelican Lake, WI, 54463 is a Commercial Property for sale at $375,000 with 2,880 sqft and a lot size of 0.94. 1851 MILWAUKEE Street was built in 1940. The property's zip code is 54463 which is in Pelican Lake, WI