405 Main Street, Balsam Lake, WI 54810 (MLS# 7136887)

405 Main Street, Balsam Lake, WI 54810

$135,000
Property Type: Commercial Square Footage: 1,500 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $135,000 List Date: 9/01/2026 Last Modified: 9/10/2026

Overview

Description

**FOR SALE OR LEASE** Location, Location, Location-Turnkey Opportunity (Building/Equipment) in the Heart of Balsam Lake! Step into a rare chance to own a well-established local favorite in the charming lake community of Balsam Lake. This location is a beloved gathering spot with prime location just minutes from the water, local shops, and year-round recreation. This property offers a seamless transition for new ownership, featuring walk up window, well-equipped commercial kitchen, dining area, and layout designed for efficiency and comfort. Positioned in a high-visibility location with consistent foot and vehicle traffic, the property benefits from strong community presence and seasonal tourism. Expand the vision with opportunities for extended hours, special events, or menu enhancements to maximize revenue potential. Bring your passion, creativity, and entrepreneurial spirit—this is your chance to own a staple of the Balsam Lake community!

Listing Details MLS# 7136887

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront YN
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1500
For Sale or Lease
For Sale
Acres
0.16
Lot Dimensions
90x78
Assessment Pending
No

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air Appliances: Cooktop; Dishwasher; Freezer; Refrigerator Assumable Loan: Not Assumable Basement: None CMU Style: Business Opportunity Commercial Kitchen Appliances: Dishwasher; Flat Top; Walk-In Cooler/Freezer Construction Status: Previously Owned Current Use: Restaurant; Vacant Exterior: Brick/Stone; Metal; Vinyl Fencing: None Flooring: Carpet; Concrete Slab; Tile Foundation: Slab Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; Special Funding Location Description: Downtown; Free Standing Miscellaneous Information: Kitchen Facilities On Site Utilities: Electric Common; Heating Common; Hot Water Common Pool Description: None Potential Use: Grocery; Income; Office; Professional; Restaurant; Retail; Shop Rental License Type: Other Road Frontage: State Road Road Responsibility: Public Maintained Road Roof: Flat; Metal; Pitched; Rubber Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
Other
ListPrice
135000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
405
Street Name
Main
Street Suffix
Street
Postal City
Balsam Lake
County
Polk
State
WI
Zip Code
54810

Assessments

Tax With Assessments
1267

Basement

Foundation Dimensions
50x30

More Information

Building Information

Building Finished SqFt
1500
Building SqFt
1500

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
17W
Section#
10
Township#
34N

Sale Options

Sale Includes
Building, Fixture/Equipment, Land

Unit Details

Total Units
Yes
IDX
Listing Office: Saphire Realty
Last Updated: September - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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