51 Brown St Rhinelander, WI 54501

This renovated 11,391 square foot commercial building is located on the main street of Rhinelander, Wisconsin. The property boasts upgraded interior spaces for each tenant, ensuring a high-quality environment for businesses. Currently, the building benefits from a strong tenant base with government and corporate leases averaging one to two years in length. A long history of lease renewals demonstrates the property's desirability and consistent occupancy. This translates to a robust cash flow, currently yielding an 8.77% capitalization rate at the asking price of $492,000. The building's prime downtown location offers excellent visibility and accessibility. The owners are divesting, presenting a unique opportunity for investors seeking a stable, income-generating asset in a thriving Wisconsin community. This is a turnkey investment opportunity with a proven track record of success. Further financial details are available upon request and execution of a non-disclosure agreement. The property sits on a 0-acre lot.