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Listed by Casey Watters • Real Estate Solutions
$ 499,000
Est. payment /mo
Active
431 S Main ST Rice Lake, WI 54868
3,508 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,508 sqft
Price per Sqft $142
MLS Listing ID 1604656
HOA Y/N No
Abv Grd Liv Area 2,508
Annual Tax Amount $5,662
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Commercial
Property Description
Prime commercial investment opportunity positioned right on a prominent main street corner in Rice Lake. Offering exceptional visibility and high-exposure frontage from multiple directions, this versatile property features seven distinct income streams with four fully leased commercial spaces, suitable for storefronts or offices, and three fully rented residential apartments, each offering two bedrooms and one bathroom. The property also includes a detached two-car garage, ideal for vehicle parking or extra tenant storage space. With immediate cash flow and a strong, diversified revenue model combining steady residential leases with established commercial storefronts and offices, this high-traffic corner location presents endless options and outstanding potential for any investor looking to expand their portfolio right in the heart of town.
Location
State WI
County Barron
Rooms
Basement Full
Interior
Interior Features Other, See Remarks
Heating Forced Air
Cooling Central Air, Ductless, Window Unit(s)
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Rice Lake Area
Others
Tax ID 276500487000