Rice Lake, WI 54868,218/222 Main Street
Listed by Jason DeRousseau • Keller Williams Realty Diversified Rice Lake
Bought with Jason DeRousseau

$214,900

Est. payment /mo

$219,900

2.3%
Est.Price: ?

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218/222 Main Street Rice Lake, WI 54868

9,152 SqFt

SOLD DATE : 07/02/2021

Key Details

Sold Price $214,900

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,152 sqft

Price per Sqft $23

Municipality RICE LAKE

MLS Listing ID 1553817

Sold Date 07/02/21

Year Built 1900

Annual Tax Amount $3,847

Tax Year 2020

Lot Size 5,911 Sqft

Acres 0.1357

Property Description

Historic building in the very heart of downtown Rice Lake. 2 main street level retail spaces that have been remodeled and cared for. Each has their own bathroom, storage area and egress to the back alley. Full basements under each retail space with tall ceilings. The south Retail space includes another 32 X 26 add on which is part of the main retail space and 2 access points to the basement. The 2nd floor features many office spaces. Current tenants occupy the majority of the second floor. Tons of potential with office spaces being used currently as storage to be cleaned up and rented for extra income. Most offices on the second floor provide reception area along with separate offices adjoining. The 3rd floor offers a clean slate that has been cleared off all walls and ceilings with lots of different potential. Current tenants pay all there own electric. Current rents are $750 each for the 3 rented spaces. Current rents are under market value.

Location

State WI

County Barron

Zoning Commercial

Rooms

Basement Full, Stone

Interior

Heating Natural Gas

Cooling Central Air, Wall A/C, Radiant

Exterior

Exterior Feature Brick, Wood

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

School District Rice Lake

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Matt Albrecht

Matt Albrecht

Broker | License ID: 58942-90

+1(715) 699-4459

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