About This Home

This 0-bedroom, 0-bathroom commercial at 431 S Main Street in Rice Lake, WI is listed for $499,000 ($142 per sqft). the home offers 3,508 sqft of living space on a 0.20 acres lot.

Key Features

  • 0.20 acre lot

Amenities

A/C
Listing Description

Prime commercial investment opportunity positioned right on a prominent main street corner in Rice Lake. Offering exceptional visibility and high-exposure frontage from multiple directions, this versatile property features seven distinct income streams with four fully leased commercial spaces, suitable for storefronts or offices, and three fully rented residential apartments, each offering two bedrooms and one bathroom.

The property also includes a detached two-car garage, ideal for vehicle parking or extra tenant storage space. With immediate cash flow and a strong, diversified revenue model combining steady residential leases with established commercial storefronts and offices, this high-traffic corner location presents endless options and outstanding potential for any investor looking to expand their portfolio right in the heart of town.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

431 S Main Street

Rice Lake, WI 54868

Property Details

Construction

VinylSiding

Heating

Forced Air

Cooling

Window Unit(s)DuctlessCentral Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 431 S Main Street is listed at $499,000 ($142/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.20 acre lot.

This property is listed by Casey Watters.

CW

Casey Watters

License 52542-90

Agent at Real Estate Solutions

Listed by Real Estate Solutions · Broker phone: (715) 719-0555 · Broker website

MLS# 1604656· Source: REALTORS® Association of Northwestern Wisconsin· 55 days on PropertySimple

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

431 S Main Street, Rice Lake, WI 54868

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