Lincoln County, WI Commercial Property for Sale (20 Real Estate Listings)

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1735 Comfort Dr, Tomahawk

$1,200,000

1735 Comfort Dr, Tomahawk

Commercial MLS® # 210697

LINCOLN COUNTY CYCLES, LLC is a turnkey, full time, retail sales dealership with parts/service. Top Producing Authorized Dealer for Cub Cadet and DeWALT power and hand tools. All makes and m...

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Active
N435 Blue Haven Ln, Merrill

$995,000

N435 Blue Haven Ln, Merrill

Commercial MLS® # 218572

Horse Ranch & Hobby Farm. One of a kind Very Unique income producing fully operational businesses. Five Star Rating Blue Ribbon Ranch 35+ years owner built & operated. Multi family rental pr...

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New
805 Center Ave N, Merrill

$850,000

805 Center Ave N, Merrill

3 Baths Commercial MLS® # 219122

Established business with real estate is offered as a turn-key operation. From the office computer software to the automotive service equipment, this profitable business is ready for new own...

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Pending
607 4th St N, Tomahawk

$599,000 Mohawskin Lake

607 4th St N, Tomahawk

5 Beds 4 Baths Commercial MLS® # 218336

Rare Lake Mohawksin waterfront investment property for sale in Tomahawk, Wisconsin. Located in the heart of Tomahawk on a quiet Lake Mohawksin peninsula, 607 N. 4th Street offers nearly 300 ...

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Active
New
124 Wisconsin Ave W, Tomahawk

$550,000

124 Wisconsin Ave W, Tomahawk

3 Baths Commercial MLS® # 218257

Presenting a rare opportunity to acquire one of downtown Tomahawk's premier hospitality destinations. Sideways Wine & Craft Beer has been meticulously renovated from top to bottom, offering ...

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W9867 Hwy 64, Merrill

$500,000

W9867 Hwy 64, Merrill

Commercial MLS® # 216261

Strategically situated on 9.06 acres between Merrill and Medford along State Road 64, this versatile transportation-based commercial property offers excellent accessibility and functionality...

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New
W6098 Stelling Rd E, Tomahawk

$500,000 GRANDMOTHER FLOWAGE,Spirit River

W6098 Stelling Rd E, Tomahawk

2 Beds 1 Bath Commercial MLS® # 217546

Welcome to Tranquil Acres, a truly one-of-a-kind Northwoods retreat offering 33 picturesque acres with over 400 feet of frontage on the Spirit River, which flows directly into the Wisconsin ...

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Active
3456 E Main Street, Merrill

$499,000

3456 E Main Street, Merrill

0 Acres 3,960 SqFt Commercial MLS® # 7118624

This 3,960 SF car wash sits on its own 0.45-acre parcel at 3456 E. Main Street in Merrill, Wisconsin. Built in 2016 and extensively updated in 2023, the property offers a rare opportunity wi...

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1208 4th St N, Tomahawk

$479,900

1208 4th St N, Tomahawk

2 Baths Commercial MLS® # 214134

Prime commercial opportunity on 4th Street in Tomahawk, offering excellent visibility and convenient access in a high-traffic corridor. This 1,712 sq. ft. building is well-maintained with mo...

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W6041 Northern Lights Cir # 1, Tomahawk

$325,000 Clear Lake

W6041 Northern Lights Cir # 1, Tomahawk

Commercial MLS® # 206602

FINE DINING+HANDCRAFTED COCKTAILS - Besse's On Clear Lake is the epitome of a quintessential Wisconsin Supper Club. Come by land or lake. Begin at the bar with seating for 20 overlooking pri...

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New
N11497 Short Rd, Tomahawk

$319,900

N11497 Short Rd, Tomahawk

2 Beds 3 Baths Commercial MLS® # 219710

Stars and Stripes Pub & Grub – Turnkey Business Opportunity Own a fully operational bar and restaurant in a prime, high-visibility location just minutes north of Tomahawk on busy Highway 8. ...

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New
N1683 Cth W, Merrill

$315,000

N1683 Cth W, Merrill

Commercial MLS® # 215860

POTENTIAL!! POTENTIAL!! This 2.85 Acre lot per assessor is currently assessed as residential but is zoned as crossroads mixed which can be residential or commercial. This prime potential com...

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New
22 Railway St N, Tomahawk

$299,999

22 Railway St N, Tomahawk

Commercial MLS® # 219663

Ideally located in the active Main Street district of downtown Tomahawk, this versatile commercial building offers an excellent opportunity to start, relocate, or expand your business. The p...

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N11050 Cth A, Tomahawk

$289,950

↓ $10,000

N11050 Cth A, Tomahawk

Commercial MLS® # 216173

Historic Roadhouse for Sale Welcome to a slice of Wisconsin history in the heart of Tomahawk! An opportunity to own a piece of nostalgia, this former supper club/bar from the 1940’s is up fo...

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N8894 Cth H, Irma

$275,000

N8894 Cth H, Irma

2 Beds 4 Baths Commercial MLS® # 215267

Restaurant/bar opportunity in a prime Northwoods recreational location just southeast of Tomahawk! This well-known establishment sits directly on the snowmobile trail with ATV access to Coun...

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Active
102 Lincoln Ave E, Tomahawk

$220,000

102 Lincoln Ave E, Tomahawk

5 Beds 4 Baths Commercial MLS® # 217486

Located within the city limits of Tomahawk, this fully occupied older 4-plex offers strong rental history and excellent investment potential. Situated directly across the street from a city ...

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Pending
New
300 Park St S, Merrill

$209,900

300 Park St S, Merrill

Commercial MLS® # 216359

Commercial property in the City of Merrill consisting of 5 parcels totaling approximately .71 acres per Lincoln County GIS tools, driveway on S Park St and River St, municipal services, and ...

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Active
Lots 1-6 Railway St N, Tomahawk

$200,000

↓ $50,000

Lots 1-6 Railway St N, Tomahawk

Commercial MLS® # 213572

Prime development opportunity in the heart of Tomahawk! This property is just under 1 acre and consists of 6 lots on 4 tax parcels, and is zoned B1, offering flexibility for a range of uses—...

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Lincoln County, WI Real Estate Statistics

Average Price $303K
Lowest Price $15.9K
Highest Price $1.3M
Total Listings 182
Avg. Days On Market 72
Avg. Price/SQFT $221

Property Types (active listings)


As of September 21, 2026 there are 20 active Lincoln County, WI commercial real estate listings for sale with an average listing price of $439,597. The highest-priced commercial property listing is $1,200,000, while the lowest priced commercial property can be purchased for $74,400. Lincoln County, WI Commercial properties for sale have an average price of $126 per square foot, based on commercial listings with an average of 3.2 bedrooms, 3.0 bathrooms, and 3,960 square feet of living space.

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