For Sale
$4,850,000

1124 Hammond AveRice Lake, WI 54868

High-Visibility Retail & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 1124 Hammond Ave in Rice Lake, Wisconsin (zip code 54868), presents a unique investment opportunity. The property encompasses a substantial 67,000 square feet across a two-story building situated on a 4.9-acre lot (APN 276-5001-61-000). Currently operating at 100% occupancy as a multi-tenant retail complex, including a True Value store, the property boasts a prime location between Hwy 48 and Hwy SS, ensuring high visibility and accessibility. The building underwent extensive renovations in 2021, including the installation of new gas pumps and a complete build-out for a deli/hot food section within the convenience store. The property's permitted commercial zoning allows for a wide range of uses, making it suitable for various retail, automotive, or office ventures. The asking price for this turn-key operation is $4,850,000. This property offers significant potential for growth and return on investment, making it an attractive proposition for discerning buyers. The property features one building and is zoned for commercial use.

Highlights

  • 67,000 SF two-story building on a 4.9-acre lot in Rice Lake, WI (54868), APN 276-5001-61-000.
  • 100% occupied multi-tenant retail complex, including a True Value store.
  • Prime location between Hwy 48 and Hwy SS.
  • Extensive 2021 renovations including new gas pumps and deli/hot food build-out.
  • Commercial zoning allows for diverse uses.
  • Asking price: $4,850,000.

Property Details for 1124 Hammond Ave

Property type
Retail properties, Retail space
Square Feet
67,000 SF
Year Renovated
2021
Buildings
1
Stories
2
Lot Size (sq. ft)
213,444 SF

Location Insight

City
Rice Lake
County
Barron
State
Wisconsin
Latitude
45.515086092756
Longitude
-91.739553824319
1124 Hammond Ave, Rice Lake, Wisconsin

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1124 Hammond Ave
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