**DOWNTOWN RICE LAKE INVESTMENT OPPORTUNITY!** Discover a versatile mixed-use property offering approximately 7,904 sq. ft. just off Main Street! **6 OCCUPIED RESIDENTIAL RENTAL UNITS** featuring four 2-bedroom apartments and two 1-bedroom apartments, providing an established rental income stream. **ADDITIONAL COMMERCIAL INCOME POTENTIAL!** The main level features a vacant commercial storefront with 3 spacious offices, ideal for generating additional rental revenue or operating your own business. **MULTIPLE INCOME OPPORTUNITIES UNDER ONE ROOF!** Additional highlights include a brick exterior, municipal water and sewer, and a convenient downtown location. Whether you're expanding your investment portfolio or looking to combine business ownership with residential rental income, this property offers outstanding versatility.
| MLS # | 1605559 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 13 |
| Listing Provided By | Real Estate Solutions | Casey Watters |
| SQ Feet | 7,904 |
|---|---|
| Zoning | Commercial,Residential-Multifami |
| Acreage | 0.15 |
| Tax Annual Amount | 5783.04 |
|---|
| State | WI |
|---|---|
| County | Barron |
| City | Rice Lake |
| Zip Code | 54868 |
| Listing VS Median (in 54868) | |
Price: $599,000 low | high Med: $349,900 sqft: 7,904 low | high Med: 1,340 $ / sqft: $76 low | high Med: $261 On site: 13 low | high Med: 215 | |
| State | WI |
|---|---|
| County | Barron |
| City | Rice Lake |
| Zip Code | 54868 |
| Listing VS Median (in 54868) | |
Price: $599,000 low | high Med: $349,900 sqft: 7,904 low | high Med: 1,340 $ / sqft: $76 low | high Med: $261 On site: 13 low | high Med: 215 | |