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For Sale

$174,900

407 MAIN Street Rice Lake, WI 54868

2,400 sqft · 0.11 acres · Built 1946

Listed Apr 22, 2026

About 407 MAIN Street

AN OPPORTUNITY TO OWN YOUR OWN BUSINESS – THIS BUILDING LIKE THIS HAS MANY POTENTIAL OPPORTUNITIES FOR THE ENTREPRENEUR.

0PEN IT UP AS A RESTURNAT, SPECIALTY SHOP OR COULD BE YOUR INSURANCE COMPANY, ICE-CREME PARLOR OR OFFICE SPACE.

GREAT LOCATION RIGHT ON MAIN STREET, HIGH TRAFFIC AREA, ACROSS FROM MARKETPLACE FOODS AND DOWN THE STREET FROM THE CASA MEXICANA GRILL AND CANTINA.

IF YOU EVER WANTED TO BE YOUR OWN BOSS OPEN YOUR OWN BUSINESS, A BREAKFAST OR DINNER RESTAURANT THIS IS IT.

AVAILABLE FOR SEAT OVER 50 HUNGRY CUSTOMERS.

WAS THE MANDARIN RESTAURANT AND BEFORE THEN IT WAS KNOWN AS RUSS’S PANCAKE HOUSE.

COMPLETE KITCHEN INCLUDED IN THE PRICE.

WALK IN COOLER, LOTS OF ADDITIONAL DOWNSTAIRS STORAGE.

SELLER WILL CONSIDER FINANCING FOR A QUALIFIED BUYER.

TERMS TO BE NEGOTIATED.

FOR COMPLETE INFORMATION GIVE US A CALL; “TODAY”.

Property Details

Lot Dimensions: 134 x 33 x
Possession: Close Of Escrow
Zoning: Commercial
Heating: Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Foundation: Poured, Stone
Construction: Brick, Cement Siding
School District: Rice Lake Area
County: Barron
Township: City of Rice Lake
Directions: LOCATED ON SOUTH MAIN STREET OF RICE LAKE. (PROPERTY ON THE EAST SIDE OF THE STREET. (407)
Parcel Number: 276-5004-96-000
Original List Price: $179,900
Legal Description: LENGTHLY

Price & Listing History

Jun 2025 · Listed

$179,900
Currently active · 336 days on market

Now $174,900

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.