2248 20 1/4 Street Rice Lake WI 54868 $349,000 Schedule Tour
CommercialSalehouse for sale picture with an address of  2248 20 1/4 Street in Rice Lake and a list price of 349000
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For Sale
$349,000

2248 20 1/4 Street, Rice Lake, WI 54868

2,768 sqft · $126/sqft · 0.64 acres

MLS# 1599730

About 2248 20 1/4 Street, Rice Lake, WI 54868

Prime commercial opportunity just north of Rice Lake along highly traveled Hwy 48, offering excellent visibility and strong daily traffic exposure at a busy intersection.

Situated on approximately 0.64 acres, this property is ideally positioned for a wide range of business opportunities with easy access and high visibility.

The property features two versatile buildings.

Building A (~2,700 sq ft) was previously operated as a restaurant and offers a functional layout that can easily be adapted for retail, office, or food service use with large walk-in cooler.

Building B (~2,300 sq ft) is a newer structure with open, flexible space—perfect for events, showroom space, storage, or additional business operations.

Additional highlights include ample on-site parking, updated mechanicals, and infrastructure already in place to support multiple business types.

With its strategic location, flexible layout, and strong exposure, this property presents an excellent opportunity for owner-occupants or investors looking to establish, expand, or reposition a business in a growing area.

Property Details

Lot Dimensions
261 x 262 x
Possession
Close Of Escrow
Zoning
Commercial
Heating
Forced Air
Cooling
Central Air
Water
Drilled Well
Sewer
Private Sewer, Septic Tank
Foundation
Poured
Construction
Wood Siding
School District
Rice Lake Area
County
Barron
Township
Town of Rice Lake
Directions
From Rice Lake: north on Hwy 48, 1.4 miles to property on left.
Parcel Number
038-0900-20-000
Original List Price
$395,000
Legal Description
Parcel #1 of CSM # 11/39 #124533, Exc part in Lot 1 CSAM 16/20 #$2232
Listing Brokerage
Real Estate Solutions

Location

  • Parks
  • Hospital
  • Gas
  • Schools

What's Near 2248 20 1/4 St, Rice Lake, WI 54868

Nearby Boat Landings

Rice Lake Area Schools

Rice Lake Area School District

Nearby colleges & universities

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Rice Lake Property Taxes

Annual tax
$4,227.18 (2025)
Parcel #
038-0900-20-000
County
Barron

Mortgage Calculator

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Property tax (est.)
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Home insurance (est.)
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Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

More Commercial Properties near 2248 20 1/4 St Rice Lake, WI 54868

This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.