$499,000
( $142.25Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

431 S Main Street,Rice Lake, WI 54868

Rice Lake, WI 54868

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Description

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.

Details

MLS #1604656
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site43
Listing Provided ByReal Estate Solutions | Casey Watters

Features

SQ Feet3,508
BasementY
ZoningCommercial
Acreage0.20

Taxes

Tax Annual Amount5662.04

Area Information

StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$499,000
low | high
Med:
$349,900
79.879759519038% of Average
sqft:
3,508
low | high
Med:
1,340
100% of Average
$ / sqft:
$142
low | high
Med:
$261
33.568510154638% of Average
On site:
43
low | high
Med:
215
20% of Average
Sourced by Back At You

Market Activity 54868

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Realtors Association of Northwestern Wisconsin

Contact

Learn More About This Property

Amy Jo Dusick

Amy Jo Dusick

Coldwell Banker Brenizer

60043-90 (715) 828-2695ajmarum@gmail.com
StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$499,000
low | high
Med:
$349,900
79.879759519038% of Average
sqft:
3,508
low | high
Med:
1,340
100% of Average
$ / sqft:
$142
low | high
Med:
$261
33.568510154638% of Average
On site:
43
low | high
Med:
215
20% of Average
Sourced by Back At You
Listing Updated: October 6, 2026 at 8:06:49 AM PDT

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Amy Jo Marum

1021 Regis Ct
Eau Claire, WI 54701
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Amy Jo Marum  |  (715) 828-2695  |  90110-94
Eau Claire - 1021 Regis Ct, Eau Claire, WI 54701

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Realtors Association of Northwestern Wisconsin
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