Property for Sale in Rhinelander
400-416 PELHAM ST S
Rhinelander, WI 54501

Price
$549,900

MLS #
212087

Status
Active


Request Showing

Property Details

Square Feet
11,930

Parking Features
Handicap, Paved, Private

2025 Property Taxes
$10,370

County
Oneida


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.


400-416 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.


400-416 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.

Features


Electric
Circuit Breakers

Cooling
Central Air

Heating
Forced Air, Natural Gas, Other

Sewer
Public Sewer

Water
Public

Additional Info


Listed By
Scott freimuth of Norwisrealty.com llc

Listed
05/19/25 and last updated 06/23/26

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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.

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