Property for Sale in Rice Lake
431 S Main Street
Rice Lake, WI 54868

Price
$499,000

MLS #
1604656

Status
Active


Request Showing

Property Details

Square Feet
3,508

Acres
0.20

Zoning
Commercial

2025 Property Taxes
$5,662

School District
Rice Lake Area

County
Barron


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.


Head North on S Main Street in Rice Lake, on the corner of Allen and S Main Street, you will see the property on the right hand side.


Head North on S Main Street in Rice Lake, on the corner of Allen and S Main Street, you will see the property on the right hand side.

Features


Interior Features
Other, See Remarks

Cooling
Central Air, Ductless, Window Units

Heating
Forced Air

Sewer
Public Sewer

Water
Public

Foundation
Block

Additional Info


Listed By
Casey Watters of Real Estate Solutions

Listed
09/04/26 and last updated 09/14/26

RANWW Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Similar Listings