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For Sale

$379,900

1 Main Street Rice Lake, WI 54868

4,009 sqft · 0.06 acres · Built 1900

Listed 4 days ago

About 1 Main Street

Excellent mixed-use investment opportunity in the heart of downtown Rice Lake with prominent corner-lot visibility along the recently revitalized Main Street corridor.

The main level offers a well-maintained salon/studio space with great natural light, customer flow, and street presence.

The lower level, accessible by both interior stairs and separate exterior walkout, provides additional flexible square footage with multiple service rooms/offices, lobby/reception area, and two bathrooms—ideal for various business uses and operations! The upper level features a 3-bed, 1-bath apartment with a functional layout and views overlooking downtown, offering strong rental value or live-work potential.

Tenants occupy on month-to-month leases: main + lower level at $1,400/month (tenant pays utilities), upper apartment at $1,200/month (tenant pays utilities).

Central A/C and forced air on main level; upper unit baseboard heat.

Property is tenant-occupied—scheduled showings only.

Please do not disrupt business operations.

Property Details

Lot Dimensions: 112 x 25 x
Possession: Subject To Tenant Rights
Zoning: Commercial
Heating: Baseboard, Forced Air
Cooling: Central Air, Other, See Remarks
Water: Public
Sewer: Public Sewer
Foundation: Stone
Construction: Stucco
School District: Rice Lake Area
County: Barron
Township: City of Rice Lake
Directions: SW Corner of Main Street and E Messenger Street Downtown Rice Lake.
Parcel Number: 276-1023-02-000
Legal Description: PLAT 1-1 N 24 FT 4 INCHES OF LOT 1 ALSO 1 FT OF GOVT LOT 3 ADJOINING ON N SIDE THRF ADDITION B CITY OF RICE LAKE