431 S Main Street, Rice Lake, WI 54868
sale
$499,000
|
Other
Courtesy Of Real Estate Solutions
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.
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Property Features
- Cooling System: Window Unit(s)
- Cooling System: Ductless
- Cooling System: Central Air
- Exterior Type: VinylSiding
- Heating System: Forced Air
- Legal Description: OL 152-6 PRT OUTLOT 152 SHOWN AS LOT 1 CSM 14/65 #1992 DOC 471365 EX LOT 1 CSM 15/132 #2201 DOC 484791 (LC VENDOR: DANIEL K ORGAN DOC 900310)
- MLSID: 1604656
- Rooms: Basement
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