Listed price in listed location currency (USD).
$499,000

000

MLS® 1604656

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 3508 sqft
Garage 
Taxes $5,662
Days Active 23
Lot Size 0.2 Acres
Approx. Age 
Avg. Price Per Sqft $142
MLS® Number 1604656

Property Address: 431 S Main St, Rice Lake, WI, 54868-2241

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1604656
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air, Ductless, Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 14, 2026List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
431 S Main St, Rice Lake, WI

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