Rice Lake Commercial Property
$499,000
431 S Main Street
Rice Lake, WI 54868
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 Information
MLS#: 1604656
Status: Active
0.2 Acre Lot
2,508 sq. ft. Above Grade
1,000 sq. ft. Below Grade
Building Size: 3508
Lot Size: 0 x 0
Barron County
School District: Rice Lake Area
Zoning: Commercial
Listed By: Casey Watters from Real Estate Solutions
Interior Features
Basement: Full
Cooling: Central Air, Ductless, Window Units
Foundation: Block
Heating: Forced Air
Exterior Features
Water Service: Public
Sewer Service: Public Sewer
