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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