1 S Main Street Rice Lake, WI 54868

Active
  • $379,900
  • MLS #1597286
1 S Main Street, Rice Lake, WI 54868
Commercial Sale  |  CommercialActive
1 S Main Street, Rice Lake, WI 54868
  • $379,900
  • MLS #1597286
  • Commercial Sale  |  Commercial
  • Property Type
  • 4,009
  • Sq Ft
  • 0.06
  • Acres
  • 1900
  • Year Built

Description

Excellent mixed-use investment opportunity in the heart of downtown Rice Lake with prominent corner-lot visibility along the recently revitalized Main Street corridor. The main level offers a well-maintained salon/studio space with great natural light, customer flow, and street presence. The lower level, accessible by both interior stairs and separate exterior walkout, provides additional flexible square footage with multiple service rooms/offices, lobby/reception area, and two bathrooms—ideal for various business uses and operations! The upper level features a 3-bed, 1-bath apartment with a functional layout and views overlooking downtown, offering strong rental value or live-work potential. Tenants occupy on month-to-month leases: main + lower level at $1,400/month (tenant pays utilities), upper apartment at $1,200/month (tenant pays utilities). Central A/C and forced air on main level; upper unit baseboard heat. Property is tenant-occupied—scheduled showings only. Please do not disrupt business operations.

  • Address 1 S Main Street
  • City Rice Lake
  • State WI
  • Zip 54868

Property Features

Last Updated on February 9, 2026 at 12:06 PM
  • Above Grade Finished Area: 2,785 SqFt
  • Basement: Full
  • Below Grade Finished Area: 1,224 SqFt
  • Building Area Total: 4,009 SqFt
  • Cooling: Central Air, Other, See Remarks
  • Foundation: Stone
  • Heating: Baseboard, Forced Air
  • Living Area: 4,009 SqFt

Exterior Features

  • Building Features: Private Restrooms
  • Construction: Stucco
  • Lot Size: 0.06 Acres
  • Road Surface: Concrete
  • Road Type: City Street
  • Sewer: Public Sewer
  • Water Source: Public

Property Details

  • 2024 Taxes: $3,916
  • County: Barron
  • Possession: Subject To Tenant Rights
  • Possible Use: Office, Retail
  • Property Subtype: Commercial
  • School District: Rice Lake Area
  • Status: Active
  • Township: City of Rice Lake
  • Year Built: 1900
  • Zoning: Commercial
  • Listing Office: Keller Williams Realty Diversified

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