Rhinelander WI Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
3,575
Status:
Active
Beds:
n/a
Lot size:
1.47 Acres
Year built:
1960
Baths:
MLS#:
WIREX_CWBR22404954

ADDITIONAL INFORMATION

TURNKEY with dedicated staff in place! Backwaters Bar & Grill is a well-established destination on the northern end of the Boom Lake chain, offering prime access to the Wisconsin River and nearby trails. This dining favorite is a year-round staple in Rhinelander for locals, boaters and snowmobilers, thanks to its direct access to the snowmobile trail system. Multiple piers are in place for boat parking on the 275 feet of water frontage. With seating for 75 guests inside and 45 guests outside, and indoor and outdoor bars, Backwaters offers endless ways for guests to enjoy the stunning surroundings. The sale includes three parcels totaling 1.47 acres, ensuring plenty of space for future opportunities. The building was remodeled in 2014, and has the addition of an accessory building/shed for use as an office or for storage. Extensive equipment list and supplies will be included in the sale, along with training and staff carryover.,All data to be verified by consumer. 2023 high highway traffic count of 4300 per day.

Type:
General Commercial
Sq.Ft.:
8,500
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
WIREX_CWBR22403398

ADDITIONAL INFORMATION

This retail building has two units, one with 5000 square feet that is currently leased by Auto Value. The other side unit consists of 3500 square feet and was leased by a health equipment provider and is currently available for a tenant. There are over 14000 vehicles passing this site every day on average. Lots of recent updates including newer front entrance door, newer display windows, suspended ceiling with LED lighting, central air in Auto Value side, newer manager office space in the retail side, and all newer LED lighting throughout the Auto Value side. Potential rents of over $5,000.00 monthly.Tenants are triple net lease. Priced below estimated fair market value! Your chance to invest now and receive a monthly passive income a few years down the road. The seller is also selling the Antigo Store, so buy both for a real deal.

Type:
General Commercial
Sq.Ft.:
11,391
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
WIREX_CWBR22235432

ADDITIONAL INFORMATION

Property Features ? Upgraded interior spaces for each tenant ? Government leases 1-2 years ? Corporate leases 1-2 years ? Long lease history of renewals Details This renovated property in the main downtown area cash flows well and provides a 8.77% CAP at this attractive price. Owners divesting. Inquire for NDA to access confidential details.,Directions: Main street of Rhinelander

Type:
General Commercial
Sq.Ft.:
3,095
Status:
Active
Beds:
n/a
Lot size:
0.66 Acres
Year built:
1976
Baths:
MLS#:
WIREX_SCW1964856

ADDITIONAL INFORMATION

Great Exposure, High Traffic Count, Blank Slate ready for an entrepreneur to bring their dreams to life! Here is a 3,095 sqft commercial building with an additional 2 car detached garage on a 0.66-acre corner lot in the City of Rhinelander on N. Stevens St. which is a very busy corridor. The main building has a brand-new roof and offers great space for a multitude of uses. The front part of the building is wood frame constructed and has walls of windows to share your business with the everyone passing by, and the back part of the building is block constructed with an overhead door for parking or loading. There is currently no heat source and the water has been turned off. The building has connection to city sewer and water.

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Andrea D. Conner, License 58662-90, Xome Inc., License 937286-91, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Information is supplied by seller and other third parties and has not been verified. This IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify perspective properties consumers may be interested in purchasing. Copyright 2024 - Wisconsin Real Estate Exchange. All Rights Reserved Information is deemed reliable but is not guaranteed



Rhinelander Real Estate

The median home value in Rhinelander, WI is $257,500. This is higher than the county median home value of $235,200. The national median home value is $338,100. The average price of homes sold in Rhinelander, WI is $257,500. Approximately 50.02% of Rhinelander homes are owned, compared to 25.19% rented, while 24.79% are vacant. Rhinelander real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rhinelander real estate agent to arrange a tour today!

Rhinelander, Wisconsin has a population of 8,177. Rhinelander is more family-centric than the surrounding county with 29.84% of the households containing married families with children. The county average for households married with children is 20.94%.

The median household income in Rhinelander, Wisconsin is $42,381. The median household income for the surrounding county is $62,660 compared to the national median of $69,021. The median age of people living in Rhinelander is 37.9 years.

Rhinelander Weather

The average high temperature in July is 78.4 degrees, with an average low temperature in January of 2 degrees. The average rainfall is approximately 30 inches per year, with 56 inches of snow per year.

Rhinelander Real Estate Market Conditions

  • Median sales price

    $257,500
    28.9% change since last quarter
  • # Active listings

    19
    30-day change

Rhinelander Schools and Demographics

Education near Rhinelander, WI

Metric City County
High School Graduates 93.54 94.67
College Degree - 2 year 17.71 12.12
College Degree - 4 year 19.95 26.8
Graduate Degree 6.03 7.33
Expenditures per Student 18,020 18,020
Students per Teacher 13.3 13.3

Elementary Schools near Rhinelander, WI

School Grades Students P/T Ratio ZIP
Crescent Elementary School PK - 03 393 13.2 54501
Elcho Elementary School PK - 05 167 11.8 54428
Northland Pines Elementary-Eagle River PK - 05 399 13 54521
Northwoods Community Elementary School PK - 05 120 12.4 54529
Pelican Elementary School PK - 03 347 13.5 54501
Sugar Camp Elementary School PK - 06 109 11.8 54501
Three Lakes Elementary School PK - 06 171 15.9 54562

Middle Schools near Rhinelander, WI

School Grades Students P/T Ratio ZIP
Central Elementary School 04 - 05 276 16.6 54501
Elcho Middle 06 - 08 64 54428
James Williams Middle School 06 - 08 438 13.2 54501
Northland Pines Middle School 06 - 08 246 11.7 54521
Three Lakes Junior High 07 - 08 75 9.4 54562

High Schools near Rhinelander, WI

School Grades Students P/T Ratio ZIP
Elcho High School 09 - 12 104 10.5 54428
Northland Pines High School 09 - 12 422 12.9 54521
Rhinelander High School 09 - 12 797 18.6 54501
Three Lakes High School 09 - 12 159 12.5 54562

Ungraded Schools near Rhinelander, WI

School Grades Students P/T Ratio ZIP
Northwoods Community Secondary School 06 - 12 83 14.4 54501
School of Options & Applied Research High UG - UG 0 54521

Demographics near Rhinelander, WI

Metric City County
Neighborhood Type Small Town
Population 8,177 37,468
Population Density 982 34
Median Age 37.9 51.4
People per Household 2.4 2.3
Median Household Income 42,381 62,660
Average Income per Capita 27,155 36,689