125 Davenport St E, Rhinelander, WI 54501
sale
$400,000
|
Office
Courtesy Of Redman Realty Group, LLC
If you are seeking an outstanding investment property to enhance your portfolio, consider this well-maintained office building located directly across from the Oneida County Courthouse an ideal location for a variety of businesses. The property boasts a strong rental history. This asset offers a genuine 10 capitalization rate and is presently occupied by three separate tenants; however, the flexible layout can be easily reconfigured to suit a range of business requirements. Currently, the right side of the building is leased to a title agency and includes a private large office, a spacious conference room, a sizable file room, three bathrooms, and a break room. The left side is occupied by a benefits company, featuring four large offices, an expansive entryway, an extra-large conference room, and two additional bathrooms at the rear. The third unit is being leased to an internet company utilizing the back of the building for storage. Don't miss this great investment opportunity!
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Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Mixed
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: ORIG. PLAT LOT 12 BLK 18 CORPORATE NAME CHG. TIF DIST 8
- MLSID: 215281
- Roof Type: Composition
- Roof Type: Shingle
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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