3,508 sqft

$499,000

431 S Main Street, Rice Lake WI, 54868

Price per sqft$142.25

Built in1500

Property size3,508 sqft

Property typeCommercial

Courtesy of Real Estate Solutions, Casey Watters

Overview

Active

Listed Sep 14, 2026

Updated 11 days ago

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.

Other Property Details

Taxes: $5,662
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of Real Estate Solutions, Casey Watters

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Data last updated 6:07 AM UTC, 10/7/2026