Rice Lake, WI Commercial Real Estate for Sale

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42 properties

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Updated: May 11

Mixed-Use Bar and Restaurant

2756 23 1/2 Street, Rice Lake, WI 54868

$339,900

4,172 sqft 0.97 AC lot

Mixed‑use bar and restaurant property with a second‑floor 2‑bedroom apartment
4,172 square feet on 0.967 acres
Built in 1930 with vinyl and wood siding
Forced‑air heating and central air conditioning
Basement and accessible approach with ramp

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Updated: Apr 30

Two-Building Flex Property

2248 20 1/4 Street, Rice Lake, WI 54868

$349,000

2,768 sqft 0.64 AC lot

Approximately 0.64 acres along Hwy 48
Two‑building flex property with adaptable commercial layouts
Former restaurant layout includes a large walk‑in cooler
Open building suitable for events, showroom, storage, or operations
Updated mechanicals with forced‑air heating and central air

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Mixed-Use Income Property

431 S Main Street, Rice Lake, WI 54868

$499,000

3,508 sqft 0.20 AC lot

Corner property combines leased commercial space with occupied residential apartments and a detached garage.

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Remodeled Stand-Alone Restaurant

2023 Cenex Dr, Rice Lake, WI 54868

$1,100,000

5,616 sqft

Newly remodeled stand-alone restaurant with move-in-ready interior and exposure at a major highway intersection.

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Brick Storefront with Basement

10 N Main Street, Rice Lake, WI 54868

$139,000

4,830 sqft 0.07 AC lot

Downtown commercial space with central air and forced-air heating.

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Mixed-Use Building with Apartment

1 S Main Street, Rice Lake, WI 54868

$379,900

4,009 sqft 0.06 AC lot

Downtown commercial property combining a salon or studio suite with a three-bedroom residential unit.

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Flex Space with Garage Shop

430 N MAIN Street, Rice Lake, WI 54868

$290,000

2,400 sqft

Flexible commercial space with a dedicated shop area, overhead-door access, and updated paved parking.

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16-Lane Bowling Alley

1621 S Main St, Rice Lake, WI 54868

$649,900

15,740 sqft

Bar, spectator seating, shop, apartment, and four included lots expand the property’s operating footprint.

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Updated Office Building

1822 S Main Street, Rice Lake, WI 54868

$349,900

1,340 sqft 0.68 AC lot

Reception, restroom, and multiple offices support flexible business operations.

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Restaurant Building with Kitchen

407 S MAIN Street, Rice Lake, WI 54868

$174,900

2,400 sqft 0.11 AC lot

Includes a walk-in cooler, basement storage, and public water and sewer service.

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Storefront with Warehouse Space

230 S Main St, Rice Lake, WI 54868

$550,000

4,406 sqft

Commercial storefront with attached storage, off-street parking, and immediate occupancy on Main Street.

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Updated Medical Office Space

1035 N Main Street, Rice Lake, WI 54868

$189,900

1,987 sqft 0.05 AC lot

Remodeled commercial condo with private rooms, multiple bathrooms, public utilities, and elevator accessibility.

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Updated Medical Office Condo

1035 N Main Street, Rice Lake, WI 54868

$239,900

2,763 sqft 0.06 AC lot

Flexible layout includes private rooms, individual sinks, and multiple bathrooms for professional service operations.

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Downtown Mixed-Use Property

1 S Main St, Rice Lake, WI 54868

$379,900

4,059 sqft

Corner property combines a commercial workspace with a three-bedroom apartment and separate lower-level business space.

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Waterfront Land on Red Cedar

S Access Road, Rice Lake, WI 54868

$169,900

5.08 AC lot

Unique 5+ acre property with 580+ feet of frontage.

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Brick Office Building

15 E Eau Claire Street, Rice Lake, WI 54868

$99,500

836 sqft 0.10 AC lot

Flexible commercial layout with basement storage, rear parking, and potential for office or retail use.

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Flex Space With Office and Shop

202 W Newton St, Rice Lake, WI 54868

$350,000

7,875 sqft

Versatile commercial facility combines remodeled offices with a substantial shop area suited to storage, vehicle work, or manufacturing.

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Storefront Building With Warehouse

230 S MAIN Street, Rice Lake, WI 54868

$550,000

4,406 sqft 0.63 AC lot

Retail-oriented commercial space includes attached storage, off-street parking, and immediate occupancy.

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Main Street Office Building

1822 S Main St, Rice Lake, WI 54868

$349,900

1,340 sqft 0.68 AC lot

Multiple office rooms, a reception area, restroom, and partial basement support practical business use.

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8.74 Acres in Rice Lake

OL 70-72 Linden Avenue, Rice Lake, WI 54868

$375,000

8.74 AC lot

8.74 acre property suitable for residential or commercial development.

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Remodeled Medical Office Condo

1035 N Main Street 2se, Rice Lake, WI 54868

$189,900

2,000 sqft

Flexible layout includes private rooms, sinks, bathrooms, and modern finishes.

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Updated Day Care Center

425 Tainter Ave, Rice Lake, WI 54868

$250,000

2,926 sqft

Multi-room commercial layout with a full kitchen, accessible bathroom, fenced side yard, and detached storage garage.

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Remodeled Medical Office Condo

1035 N Main Street 1s, Rice Lake, WI 54868

$239,900

2,700 sqft

Flexible professional suite with private rooms, individual sinks, multiple bathrooms, and updated interior finishes.

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Restaurant Building with Complete Kitchen

407 S Main St, Rice Lake, WI 54868

$174,900

2,400 sqft

Existing restaurant improvements include a walk-in cooler and additional downstairs storage.

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Rice Lake, WI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Rice Lake, WI, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 340,163 square feet of properties for sale, with an estimated market value of $10,328,552.

Sale prices for business properties in Rice Lake, WI start at $99,500, averaging $344,285, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 16K

Population Growth (5Y) +4.4%

Median Household Income $64,567

College Educated 35.2%

High-Yield Neighborhoods for Investment

Identify Rice Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
54868	$331.7K

Taxes & Financing

Tax Rate (average for all types) 1.75%

Tax Rate vs County Average 0.06 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Barron County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Barron County

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