504 S Pelham St - Freestanding FOR SALE


Rhinelander, WI 54501
$449,000 USD
715-490-3409
504 S Pelham St, Rhinelander, WI for Sale
$449,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

504 S Pelham St
Rhinelander, WI 54501


HIGHLIGHTS

  • Remodeled single-story home with three bedrooms, three baths, and finished basement area.
  • Masonry fireplace, wood and tile flooring, and updated appliances included.
  • Three large, heated commercial garages with separate meters and multiple leasing possibilities.
  • Public water and sewer, level lot, and fenced yard offering practical usability.
  • Central location with convenient access to Rhinelander shopping and city amenities.

OVERVIEW

This mixed-use property offers a unique ownership opportunity in the heart of Rhinelander, combining residential comfort with substantial commercial functionality. The residence features a thoughtfully remodeled single-story home with over 1,400 square feet of living space, three bedrooms, two full baths, and a half bath, complete with quality finishes and a masonry fireplace. A full basement provides additional utility and storage options. Complementing the home is an expansive commercial component, including three heated garages measuring 22x50, 20x40, and 18x40, each with separate meters. These spaces can accommodate a variety of uses such as business operations, storage, or rental income through individual leasing. The property sits on a level lot approximately 120x150 feet, with public utilities, fenced yard, and multiple access points from a city street. Situated within Rhinelander’s growing community, the location is proximate to retail centers, residential neighborhoods, and key services, making it highly versatile for both owner-operators and investors seeking income-generating potential.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-2

APN/PARCEL ID

27601-0207-0000

ASK ABOUT THIS PROPERTY

Linda MooreFirst Weber Realtors - RhinelanderMore Info
715-490-3409

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Linda MooreFirst Weber Realtors - RhinelanderMore Info
715-490-3409

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.