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.
Interior Features
- Above Grade Finished Area: 2,508 SqFt
- Basement: Full
- Below Grade Finished Area: 1,000 SqFt
- Building Area Total: 3,508 SqFt
- Cooling: Central Air, Ductless, Window Unit(s)
- Foundation: Block
- Heating: Forced Air
- Interior Features: Other, See Remarks
- Living Area: 3,508 SqFt
Exterior Features
- Building Features: Private Restrooms
- Construction: Vinyl Siding
- Lot Size: 0.2 Acres
- Sewer: Public Sewer
- Water Source: Public
Property Details
- 2025 Taxes: $5,662
- County: Barron
- Possession: Close of Escrow
- Possible Use: Office, Other, Retail, See Remarks
- Property Subtype: Commercial
- School District: Rice Lake Area
- Status: Active
- Township: City of Rice Lake
- Zoning: Commercial
- Listing Office: Real Estate Solutions
- Last Update: September 14th @ 10:35 AM
