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Rick Lovdal

rick@eliasonrealty.com +1(715) 891-5608

$ 449,900

Est. payment -/mo

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Active

400-406 PELHAM ST S Rhinelander, WI 54501

13 Beds

9 Baths

9,982 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 9,982 sqft

Price per Sqft $45

MLS Listing ID 214715

Bedrooms 13

Full Baths 7

Half Baths 2

HOA Y/N No

Annual Tax Amount $7,271

Tax Year 2025

Lot Size 0.525 Acres

Acres 0.525

Property Sub-Type Business

Property Description

MOTIVATED SELLER – BRING ALL OFFERS! Exceptional investment opportunity in the heart of downtown Rhinelander. This mixed-use commercial and residential property offers immediate income potential with all units currently leased, providing instant cash flow for investors. The main level features approximately 5,800 square feet of retail and office space, along with an additional 852-square-foot residential unit offering 2 bedrooms and 1 bathroom. The upper level includes four 2-bedroom, 1-bath apartments plus one efficiency apartment, totaling approximately 3,300 square feet of residential living space. Strategically situated on a highly visible corner lot in downtown Rhinelander, this property benefits from excellent exposure, strong traffic counts, private off-street paved parking, and city water and sewer services. Whether you are looking to expand your investment portfolio or secure a well-established income-producing property, this building presents outstanding potential in a prime location. Real Estate Only – Businesses Not Included. All showings are by appointment only. The well-known Kids Korner Pizza business is also available for purchase separately. See MLS #217967 for additional details.

Location

State WI

County Oneida

Community Display Window, Sidewalks

Direction 400-406 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.

Interior

Heating Floor Furnace, Natural Gas, Other

Cooling Central Air

Flooring Mixed

Inclusions Real Estate Only

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Handicap Accessible

Parking Features Handicap, Paved, Private, Driveway

Community Features Display Window, Sidewalks

Utilities Available High Speed Internet Connected, Phone Available

Water Access Desc Public

Roof Type Rubber

Street Surface Paved

Accessibility Wheelchair Access

Road Frontage City Street

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Others

Ownership None

Listed by NORWISREALTY.COM LLC

NEARBY SCHOOLS & PROPERTIES

Rick Lovdal

Agent

+1(715) 891-5608

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