For Sale
$499,000

535 Lincoln St Rhinelander, WI 54501

High-traffic retail building, two units, great potential.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 8,500 square foot retail building in Rhinelander, WI, presents a compelling investment opportunity. Located at 535 Lincoln Street, this property boasts a prime location with over 14,000 vehicles passing daily, ensuring high visibility and foot traffic. The building is divided into two units: a 5,000 square foot space currently leased to Auto Value, and a 3,500 square foot unit previously occupied by a health equipment provider, now available for lease. Recent upgrades enhance the property's appeal, including a new front entrance door, updated display windows, a suspended ceiling with LED lighting, central air conditioning in the Auto Value unit, a renovated manager's office, and new LED lighting throughout the Auto Value space. Tenants operate under triple net leases. Potential monthly rental income exceeds $5,000. The property is priced below estimated fair market value, offering a significant return on investment. This is a chance to acquire a stable, income-generating asset with strong potential for future growth. Note that a separate Antigo property is also available for purchase.

Property Details for 535 Lincoln St

Property type
Commercial real estate
Square Feet
8,500 SF
Year Built
1956

Location Insight

City
Rhinelander
County
ONEIDA
State
Wisconsin
Latitude
45.63351
Longitude
-89.40374

FAQs

What type of property is this?
Commercial real estate - High-traffic retail building, two units, great potential.
Where is the commercial real estate located?
The property is located at 535 Lincoln St Rhinelander, WI.
What is the asking price?
The asking price for this property is $499,000.
How can I contact the broker?
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535 Lincoln St
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