2248 20 1/4 Street Rice Lake, WI 54868

Active
  • $349,000
  • MLS #1599730
2248 20 1/4 Street, Rice Lake, WI 54868
Commercial Sale  |  CommercialActive
2248 20 1/4 Street, Rice Lake, WI 54868
  • $349,000
  • MLS #1599730
  • Commercial Sale  |  Commercial
  • Property Type
  • 2,768
  • Sq Ft
  • 0.64
  • Acres

Description

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.

  • Address 2248 20 1/4 Street
  • City Rice Lake
  • State WI
  • Zip 54868

Property Features

Last Updated on May 19, 2026 at 12:49 PM
  • Above Grade Finished Area: 2,768 SqFt
  • Building Area Total: 2,768 SqFt
  • Cooling: Central Air
  • Foundation: Poured
  • Heating: Forced Air
  • Living Area: 2,768 SqFt

Exterior Features

  • Building Features: Private Restrooms, Pole Sign
  • Construction: Wood Siding
  • Lot Size: 0.64 Acres
  • Road Type: City Street, Highway
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Drilled Well

Property Details

  • 2025 Taxes: $4,227
  • County: Barron
  • Possession: Close of Escrow
  • Possible Use: Office, Retail, Warehouse
  • Property Subtype: Commercial
  • School District: Rice Lake Area
  • Status: Active
  • Township: Town of Rice Lake
  • Zoning: Commercial
  • Listing Office: Real Estate Solutions

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