431 S Main Street

$499,000 – Rice Lake, WI

MLS#: 1604656

Active

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.

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County:	Barron
School:	Rice Lake Area
Abv Grd:	2,508 sq. ft.
Blw Grd:	1,000 sq. ft.

Type:	Office, Other, Retail, See Remarks
Lot Size:	0 x 0
Bldg Size:	3508
Acres:	0.2
Taxes:	$5,662
Tax Year:	2025

Property Features

Basement: Full
Cooling: Central Air, Ductless, Window Units
Foundation: Block
Heating: Forced Air
Sewer Service: Public Sewer
Water Service: Public
Zoning: Commercial

Directions
Head North on S Main Street in Rice Lake, on the corner of Allen and S Main Street, you will see the property on the right hand side.

Legal
Ol 152-6 prt outlot 152 shown as lot 1 csm 14/65 #1992 doc 471365 ex lot 1 csm 15/132 #2201 doc 484791 (lc vendor: daniel k organ doc 900310)

Listing Agent
Casey Watters

Listing Agency
Real Estate Solutions

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