About This Home

This 0-bedroom, 1-bathroom commercial at 416 S PELHAM ST in Rhinelander, WI is listed for $159,900. on a 0.17 acres lot.

Key Features

  • 0.17 acre lot

Property Details

1 story
1 half
Listing Description

MOTIVATED SELLER - INVEST IN DOWNTOWN RHINELANDER! Here's your opportunity to own an established income-producing commercial property in a prime, high-visibility location! Situated in the heart of downtown Rhinelander, this approximately 2,000-square-foot, multi-tenant office building offers an attractive combination of immediate rental income, convenient accessibility, and long-term investment potential.

Featuring three separate office/retail units, this property generates income from day one, with tenants responsible for their own utilities. Both on-street and private off-street paved parking provide convenient access for tenants and customers. Additional highlights include low-maintenance vinyl siding, forced-air furnaces, a full basement offering generous storage space, and a shared common area with restroom facilities.

Its desirable downtown location places shopping, dining, professional services, and other local amenities within easy reach. Whether you're an experienced investor expanding your portfolio or a first-time commercial buyer seeking an established income-producing property, this versatile building deserves your attention!

BEST OF ALL, the seller is offering financing options to qualified buyers, providing additional flexibility to make your investment goals a reality. REAL ESTATE ONLY - NO BUSINESS INCLUDED. Showings by appointment only. Don't miss this opportunity to secure a commercial investment in downtown Rhinelander. CALL TODAY FOR DETAILS AND BRING YOUR OFFER!

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

416 S PELHAM ST

Rhinelander, WI 54501

Features & Amenities

Exterior Features

HandicapAccessible

Property Details

Flooring

Mixed

Construction

Frame VinylSiding

Heating

Forced AirNatural Gas

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 416 S PELHAM ST is listed at $159,900. The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.17 acre lot. Exterior Features: HandicapAccessible.

This property is listed by SCOTT FREIMUTH.

SF

SCOTT FREIMUTH

License 49270 - 90

Agent at NorWisRealty.com LLC

Listed by NorWisRealty.com LLC · Broker phone: (715) 282-7130 · View on Broker Site · Broker website

MLS# 220267· Source: Greater Northwoods MLS· Added to PropertySimple today

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

416 S PELHAM ST, Rhinelander, WI 54501

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