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For Sale

$349,000

2501 Main Street Rice Lake, WI 54868

900 sqft · 1.55 acres · Built 2013

Listed Apr 26, 2026

About 2501 Main Street

Former C-Store & Gas Station on large 1.55 Acre site.

Highly visible location, 900sf store, 8-pumps and 3 tanks (5,000 – 7,000 – 20,000 gallon fiberglass tanks).
Multiple options to bring the station live again and/or redevelop the site.

Seller is willing to pull the tanks with the right offer.

Great opportunity – property has a Fair Market Value of $706,900!

Property Details

Possession: Close Of Escrow
Zoning: Commercial
Heating: Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Foundation: Poured
Construction: Cement Siding
Interior Features: Handicap Access
Accessibility: Other, Accessibility Features
School District: Rice Lake Area
County: Barron
Township: City of Rice Lake
Directions: S Main St in Rice Lake to E on Frontage Rd.
Parcel Number: 276-8001-15-000
Legal Description: Lot 1 of CSM 19-151, #2780, part of the SW-NE in S33/T35/R11

Price & Listing History

Oct 2018 · Listed

$595,000
Mar 2021 · Sold · 886 days on market

$220,000

Price reduced $595,000 → $385,000 before sale
Feb 2025 · Listed

$299,900

+36.3% above last sale $220,000 in 2021 (+$79,900 over 3.9 years · +8.3% per year)
May 2025 · Sold · 101 days on market

$275,000

+5.5% per year from prior sale 4.2 years earlier
Mar 2026 · Listed

$349,000

+26.9% above last sale $275,000 in 2025 (+$74,000 over 0.8 years · +34.5% per year)
Currently active · 56 days on market

Annualized appreciation: +5.5% per year from 2021 to 2025 (4.2 years — $220,000 → $275,000)

Prior price and listing information from sources believed to be reliable, but no guarantees of accuracy and data has not been confirmed. Please confirm with county official documents.

Flood Zone

Not in a Special Flood Hazard Area · FEMA Zone X

AREA OF MINIMAL FLOOD HAZARD

Federally-backed mortgages do not require flood insurance for properties in this zone.

Source: FEMA National Flood Hazard Layer. Flood maps are updated periodically (typically every 5–10 years per area) and may not reflect current ground conditions or recent improvements. For mortgage purposes, your lender may obtain an official Flood Determination from a licensed firm. Always verify before making decisions.