Property for Sale in Rhinelander
156 STEVENS ST S
Rhinelander, WI 54501
Property Details
Square Feet
2,954
Parking Features
On Street
2025 Property Taxes
$4,323
County
Oneida
Position your investment portfolio for long-term success with this well-located commercial property in the heart of Rhinelander. Featuring an established tenant with a lease in place through **October 31, 2026**, and renewal discussions underway, this property offers immediate rental income while preserving future flexibility. The current monthly rent is **$1,963.65**, with rent including gas and electric. Investors can enjoy an existing income stream today, while owner-users have a unique opportunity to secure the property before a lease extension is finalized. If purchased promptly, a buyer may have the option to occupy the building for their own business or pursue an alternative use upon expiration of the current lease, depending on the outcome of lease negotiations and applicable zoning. Rhinelander serves as the commercial, medical, retail, and recreational hub of Wisconsin's Northwoods, attracting businesses, residents, and visitors from across the region. Its strong local economy, year-round activity, and convenient highway access continue to make it one of Northern Wisconsin's most desirable locations for commercial investment. Whether you're seeking a turnkey income-producing asset or a property with future owner-occupancy potential, this commercial offering provides the rare combination of current cash flow and long-term opportunity. Schedule your private showing today.
From the Oneida County Courthouse, head east on W Davenport St, then turn right onto S Stevens St (US-8 Business). Continue south a short distance to 156 S Stevens St, Rhinelander, WI 54501, located in downtown Rhinelander.
Features
Electric
Circuit Breakers
Cooling
Central Air
Heating
Forced Air, Natural Gas
Sewer
Public Sewer
Water
Public
Additional Info
Listed By
Matt wallmow of Lakeland realty
Listed
07/23/26 and last updated 07/24/26
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.