416 Pelham St S, Rhinelander, WI 54501
sale
$159,900
|
Other
Courtesy Of NorWisRealty.com LLC
MOTIVATED SELLER - BRING OFFERS! Outstanding investment opportunity in the heart of downtown Rhinelander. This well-maintained, approximately 2,000-square-foot office building features three separate office units, making it an excellent addition to any investment portfolio. Ideally situated in a high-visibility location with strong traffic counts, the property offers both on-street and private off-street paved parking for tenants and customers. Unit leases provide immediate cash flow, with tenants responsible for their own utilities. Additional features include maintenance-free vinyl siding, individual forced-air furnaces, a full basement offering ample storage space, and a shared common area complete with a restroom. The property's prime location provides convenient access to downtown amenities, enhancing its appeal to both current and future tenants. Whether you are seeking a stable income-producing property or looking to expand your commercial real estate holdings, this office building presents an exceptional opportunity. Real Estate Only - No Business Included. Shown by appointment only.
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Property Features
- Amenities: Disabled Access
- Building Units: 3
- Exterior Type: Frame
- Exterior Type: VinylSiding
- Floor Covering: Mixed
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: 1ST ADD RHLDR LOT 3 BLK 11 & SW63' OL 2 CSM V19 P4288 BOTH DESC DOC 786195 TIF DIST 5 & 8
- MLSID: 214714
- Roof Type: Composition
- Roof Type: Shingle
- Rooms: Bathroom 1
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