Active Commercial Sale  |  Commercial  |  MLS #1599730
  • 2248 20 1/4 Street

    Rice Lake, WI 54868
    • 2,768 Square
      Feet
    • 0.64 Total
      Acres
  • $395,000

    $143/Sq.Ft.

Property Description

Prime commercial opportunity just north of Rice Lake along highly traveled Hwy 48, offering excellent visibility and strong daily traffic exposure at a busy intersection. Situated on approximately 0.64 acres, this property is ideally positioned for a wide range of business opportunities with easy access and high visibility. The property features two versatile buildings. Building A (~2,700 sq ft) was previously operated as a restaurant and offers a functional layout that can easily be adapted for retail, office, or food service use with large walk-in cooler. Building B (~2,300 sq ft) is a newer structure with open, flexible space—perfect for events, showroom space, storage, or additional business operations. Additional highlights include ample on-site parking, updated mechanicals, and infrastructure already in place to support multiple business types. With its strategic location, flexible layout, and strong exposure, this property presents an excellent opportunity for owner-occupants or investors looking to establish, expand, or reposition a business in a growing area.

Interior Features

  • Above Grade Finished Area: 2,768 SqFt
  • Building Area Total: 2,768 SqFt
  • Cooling: Central Air
  • Foundation: Poured
  • Heating: Forced Air
  • Living Area: 2,768 SqFt

Exterior Features

  • Building Features: Private Restrooms, Pole Sign
  • Construction: Wood Siding
  • Lot Size: 0.64 Acres
  • Road Type: City Street, Highway
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Drilled Well

Property Details

  • 2025 Taxes: $4,227
  • County: Barron
  • Possession: Close of Escrow
  • Possible Use: Office, Retail, Warehouse
  • Property Subtype: Commercial
  • School District: Rice Lake Area
  • Status: Active
  • Township: Town of Rice Lake
  • Zoning: Commercial
  • Listing Office: Real Estate Solutions
  • Last Update: April 30th @ 9:11 AM

Schedule A Visit

NW WI MLS Logo

Data relating to real estate for sale on this website comes in part from the IDX program of the NW WI MLS. Information provided by NW WI MLS is compiled from third-party sources. The information is deemed reliable, but cannot be guaranteed. Neither NW WI MLS, the listing broker, or its agents or subagents are responsible for its accuracy. DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a regular basis. However, some properties which appear for sale on this site may subsequently have been sold and may no longer be available. This data is current as of May 3rd, 2026 at 12:40 PM.