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Key Details
Sold Price $302,000
Property Type Commercial
Sub Type Office(s),Retail,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $24
MLS Listing ID 1575943
Sold Date 10/20/23
Year Built 1900
Annual Tax Amount $4,431
Tax Year 2022
Lot Size 5,924 Sqft
Acres 0.136
Property Sub-Type Office(s),Retail,Other
Property Description
Excellent opportunity to invest in one of Rice Lake?s most iconic downtown buildings! Take advantage of newly redone Main St with this renovated street level retail space, complete with bathroom at 4000 finished square feet at the street. Former clothing store, the potential for this space is endless. The other half of the ground level street space has a tenant on a lease, second floor also has an established long-term tenant, making anything else you do on Floors 1 and 3 PROFIT. The 3rd floor is an unfinished blank slate, perfect for studio apartment build out, bring more residential housing to a high demand area! Exposed brick, expansive ceilings and large windows for a treetop view make this a unique opportunity for studio apartments or condos. This building has a large unfinished basement that is perfect for dry storage, back-alley access with parking and a solid mechanical system. Perfect multi-use building investment for someone who has vision!
Location
State WI
County Barron
Zoning Commercial
Rooms
Basement Full, Stone
Interior
Heating Natural Gas
Cooling Central Air, Wall A/C, Radiant
Exterior
Exterior Feature Brick, Wood
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Rice Lake
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Bought with Feather Real Estate Group Rice Lake
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