For Sale
$4,850,000

1124 Hammond Ave Rice Lake, WI 54868

High-Visibility Retail & Gas Station

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
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

FAQs

What type of property is this?
Retail property - High-Visibility Retail & Gas Station
Where is the retail property located?
The property is located at 1124 Hammond Ave Rice Lake, WI.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1124 Hammond Ave
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