416 Pelham St SRhinelander, WI 54501

Description

MOTIVATED SELLER – BRING OFFERS! Outstanding investment opportunity in the heart of downtown Rhinelander. This well-maintained, approximately 2,000-square-foot office building features three separate office units, making it an excellent addition to any investment portfolio. Ideally situated in a high-visibility location with strong traffic counts, the property offers both on-street and private off-street paved parking for tenants and customers. Unit leases provide immediate cash flow, with tenants responsible for their own utilities. Additional features include maintenance-free vinyl siding, individual forced-air furnaces, a full basement offering ample storage space, and a shared common area complete with a restroom. The property's prime location provides convenient access to downtown amenities, enhancing its appeal to both current and future tenants. Whether you are seeking a stable income-producing property or looking to expand your commercial real estate holdings, this office building presents an exceptional opportunity. Real Estate Only – No Business Included. Shown by appointment only.

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

354

MLS^® Listing#

214714

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.