$214,900
$219,900
2.3%For more information regarding the value of a property, please contact us for a free consultation.
9,152 SqFt
SOLD DATE : 07/02/2021
Key Details
Sold Price $214,900
Property Type Commercial
Sub Type Office(s),Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,152 sqft
Price per Sqft $23
MLS Listing ID 1553817
Sold Date 07/02/21
Year Built 1900
Annual Tax Amount $3,847
Tax Year 2020
Lot Size 5,911 Sqft
Acres 0.1357
Property Description
Historic building in the very heart of downtown Rice Lake. 2 main street level retail spaces that have been remodeled and cared for. Each has their own bathroom, storage area and egress to the back alley. Full basements under each retail space with tall ceilings. The south Retail space includes another 32 X 26 add on which is part of the main retail space and 2 access points to the basement. The 2nd floor features many office spaces. Current tenants occupy the majority of the second floor. Tons of potential with office spaces being used currently as storage to be cleaned up and rented for extra income. Most offices on the second floor provide reception area along with separate offices adjoining. The 3rd floor offers a clean slate that has been cleared off all walls and ceilings with lots of different potential. Current tenants pay all there own electric. Current rents are $750 each for the 3 rented spaces. Current rents are under market value.
Location
State WI
County Barron
Zoning Commercial
Rooms
Basement Full, Stone
Interior
Heating Natural Gas
Cooling Central Air, Wall A/C, Radiant
Exterior
Exterior Feature Brick, Wood
Waterfront N
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Rice Lake
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