$302,000
$325,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 10/20/2023
Key Details
Sold Price $302,000
Property Type Commercial
Sub Type Business,Office
Listing Status Sold
Purchase Type For Sale
Subdivision City/Rice Lake
MLS Listing ID 6418332
Sold Date 10/20/23
Year Built 1900
Annual Tax Amount $4,432
Tax Year 2022
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 112x53
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 Business/Commercial
Rooms
Basement Full
Interior
Heating Radiant
Fireplace No
Exterior
Parking Features Guest Parking
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Present Use Other
Building
Foundation 4576
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Wood Siding
Schools
School District Rice Lake Area
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