2248 20 1/4 Street

$395,000 – Rice Lake, WI

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.

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Property Features

Basement: None
Cooling: Central Air
Foundation: Poured
Heating: Forced Air
Sewer Service: Private Sewer, Septic Tank
Water Service: Drilled Well
Zoning: Commercial

Directions
From Rice Lake: north on Hwy 48, 1.4 miles to property on left.

Legal
Parcel #1 of CSM # 11/39 #124533, Exc part in Lot 1 CSAM 16/20 #$2232

Listing Agent
Daniel Nelson

Listing Agency
Real Estate Solutions