431 S Main Street, Rice Lake, WI
$499,000
3,508
Square feet
0.20
Acres
About 431 S Main Street
Prime commercial investment opportunity positioned right on a prominent main street corner in Rice Lake. Offering exceptional visibility and high-exposure frontage from multiple directions, this versatile property features seven distinct income streams with four fully leased commercial spaces, suitable for storefronts or offices, and three fully rented residential apartments, each offering two bedrooms and one bathroom. The property also includes a detached two-car garage, ideal for vehicle parking or extra tenant storage space. With immediate cash flow and a strong, diversified revenue model combining steady residential leases with established commercial storefronts and offices, this high-traffic corner location presents endless options and outstanding potential for any investor looking to expand their portfolio right in the heart of town.
Features of 431 S Main Street
| MLS® # | 1604656 |
|---|---|
| Price | $499,000 |
| Square Footage | 3,508 |
| Acres | 0.20 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 431 S Main Street |
|---|---|
| City | Rice Lake |
| County | Barron |
| State | WI |
| Zip Code | 54868 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Other, See Remarks |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air, Ductless, Window Unit(s) |
| Fireplace | No |
| Basement | Full |
Exterior
| Construction | Vinyl Siding |
|---|---|
| Foundation | Block |
School Information
| District | Rice Lake Area |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $5,662 |
| Tax Year | 2025 |
| Agent | Casey Watters |
| Office | Real Estate Solutions |
Listing Details
| Office | Real Estate Solutions |
|---|