Listing provided courtesy of CENTURY 21 PIERCE REALTY - MERCER- MLS# 216521MLS Provider

5235N HWY 51Mercer, WI 54547

Commercial · 1 Half Bath · 3,000 Sq. ft.
$479,900 Active

5235N HWY 51 Overview

Time on Site:
73 days
Visits:
12

Exceptional opportunity to acquire a turnkey automotive service center in the heart of the Northwoods. Located on a high-traffic corner lot along Hwy 51 in downtown Mercer, this fully operational facility enjoys maximum visibility and a steady customer base. The 3,000 sq. ft. building features a spacious, versatile reception area—perfect for expanded retail sales or a potential sub-lease for additional income. The shop is fully equipped for immediate operation, including three service bays, two hoists, a flatbed tow truck, a wrecker, and a comprehensive suite of professional tools. Whether you are looking to run a high-demand service center or expand into new ventures, this prime real estate offers the perfect platform for success.

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5235N HWY 51 Facts & Features

  • Type Commercial
  • Sq. ft. 3,000
  • Price/Sq.ft. $160

Details

General

Business Information

  • Business Name: Mercer Rental and Sales
  • Business Type: Auto Service

Location/Region

  • County Or Parish: Iron
  • Postal City: Mercer
  • Township: IR Mercer

Community/Development

  • Community Features: Display Window, Sidewalks

Tax Information

  • Tax Annual Amount: $2,657.00
  • Tax Year: 2025

General Information

  • Inclusions: Real Estate and Business, Equipment
  • Parcel Number: 012-3092-0000
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Half: 1
  • Bathrooms Total: 1

Building Interior

  • Building Area Total: 3000.0

General Information

  • Building Features: Overhead Doors, Reception Area, Sign(s)
  • Electric: Circuit Breakers
  • Flooring: Carpet, Concrete
  • Stories Total: 1
  • Window Features: Display Window(s)

Exterior

Lot Information

  • Lot Features: Level
  • Lot Size Dimensions: 80x100
  • Lot Size Square Feet: 7841.0
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Frame, Metal Siding, Wood Siding
  • Roof: Metal

General Information

  • Road Frontage Type: Highway
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Connected, Phone Available

5235N HWY 51 Neighborhood

Community

54547 (Mercer) Demographics

62
Median Age
6
Population Density (per sq. mile)
39%
College Educated
$52,571
Estimated Median Income
607
Estimated Total Home Owners
121
Estimated Total Renters
83% / 17%
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.

5235N HWY 51 Market Data

Based on the last 30 days in this zip code

$961,495
Average List Price
$509
Average Price per Square Foot
4
Properties Sold
116
Average Days on Market
24
Properties for Sale
Calculations provided by Reliance Network

5235N HWY 51 History

Date Event Value Agent
4/17/2026Source: Greater Northwoods MLS Added to Database
April 17, 2026
7/28/2025Source: Greater Northwoods MLS Added to Database
March 23, 2022
Derek M Larson
Listing Agent