535 Lincoln StRhinelander, WI 54501

Property Details for 535 Lincoln St

Year built

1956

Property size (Sq ft)

8,500 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Rhinelander

County

ONEIDA

State

Wisconsin

Latitude

45.6335

Longitude

-89.4037

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