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Mike Swisher

mike@eliasonrealty.com +1(715) 437-0181

$ 549,900

Est. payment -/mo

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Active

400-416 PELHAM ST S Rhinelander, WI 54501

11 Beds

9 Baths

11,930 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 11,930 sqft

Price per Sqft $46

MLS Listing ID 212087

Bedrooms 11

Full Baths 6

Half Baths 3

HOA Y/N No

Annual Tax Amount $10,370

Tax Year 2025

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Business

Property Description

MOTIVATED SELLER – BRING ALL OFFERS! Exceptional investment opportunity in the heart of downtown Rhinelander. This well-maintained mixed-use property comprises two buildings and offers tremendous income potential for investors looking to expand their portfolio. Building One features approximately 3,330 square feet of residential space on the upper level, including four 2-bedroom, 1-bath apartments and one efficiency apartment, with many units having been recently remodeled. The main level includes an additional 852-square-foot, 2-bedroom, 1-bath residential apartment along with approximately 5,800 square feet of retail and office space. The flexible main floor layout offers potential for reconfiguration, creating additional opportunities to maximize income. Building Two offers approximately 2,000 square feet divided into three retail/office spaces and includes a full basement for additional storage or future possibilities. Ideally situated on a highly visible corner lot in downtown Rhinelander, these properties benefit from excellent exposure, strong traffic counts, private off-street paved parking, and convenient access to city amenities, shopping, dining, and entertainment, making them highly attractive to both residential and commercial tenants. With solid rental potential and a prime location, this property presents an outstanding opportunity for investors seeking immediate and long-term returns. Real Estate Only – No Businesses Included. Shown 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 400-416 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.

Interior

Heating Forced Air, Natural Gas, Other

Cooling Central Air

Flooring Carpet, Mixed, Vinyl

Inclusions Real Estate Only

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Handicap Accessible

Parking Features Handicap, Paved, Private

Community Features Display Window, Sidewalks

Water Access Desc Public

Roof Type Composition,Rubber,Shingle

Street Surface Paved

Accessibility Wheelchair Access

Road Frontage City Street

Building

Lot Description Level

Sewer Public Sewer

Water Public

Others

Tax ID RH-294 & RH-296

Ownership None

Listed by NORWISREALTY.COM LLC

NEARBY SCHOOLS & PROPERTIES

Mike Swisher

Agent

+1(715) 437-0181

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