416 S Pelham StRhinelander, WI 54501

Description

MOTIVATED SELLER – INVEST IN DOWNTOWN RHINELANDER! Here's your opportunity to own an established income-producing commercial property in a prime, high-visibility location! Situated in the heart of downtown Rhinelander, this approximately 2,000-square-foot, multi-tenant office building offers an attractive combination of immediate rental income, convenient accessibility, and long-term investment potential. Featuring three separate office/retail units, this property generates income from day one, with tenants responsible for their own utilities. Both on-street and private off-street paved parking provide convenient access for tenants and customers. Additional highlights include low-maintenance vinyl siding, forced-air furnaces, a full basement offering generous storage space, and a shared common area with restroom facilities. Its desirable downtown location places shopping, dining, professional services, and other local amenities within easy reach. Whether you're an experienced investor expanding your portfolio or a first-time commercial buyer seeking an established income-producing property, this versatile building deserves your attention! BEST OF ALL, the seller is offering financing options to qualified buyers, providing additional flexibility to make your investment goals a reality. REAL ESTATE ONLY – NO BUSINESS INCLUDED. Showings by appointment only. Don't miss this opportunity to secure a commercial investment in downtown Rhinelander. CALL TODAY FOR DETAILS AND BRING YOUR OFFER!

Property Information

Property type

Commercial Sale

Sub-type

Business

Stories

1

Building area

2,000 Sq Ft

Lot size

7,536 Sq Ft

Lot dimensions

60x

Days on market

1

MLS^® Listing#

220267

Property Features

Heating

Forced Air · Natural Gas

Parking

Paved · Private

Lot features

Level

Construction

Frame · Vinyl Siding

Roof

Composition · Shingle

Community

Sidewalks

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$3,099Tax year 2025

Parcel number

27601-0294-0000

Directions

From the intersection of Courtney St and S Pelham St go south on Pelham St to property on right.