$ 499,000
-
$499,000
Price -
3,508
SqFt -
0.2
Acre
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About the Listing RES - rlcasey
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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond: Central Air,Ductless,Window Unit(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2508
- Below Ground Sq Ft: 1000
- Basement: Full
- Other: See Remarks
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 0 x 0 x
- Zoning: Commercial
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,662
- Taxes w/Assessments: N/A
- Tax/Property ID: 276500487000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
431 S Main St City of Rice Lake, Rice Lake, WI 54868
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