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    Rice Lake, WI

    Rice Lake, WI Commercial Real Estate for Sale

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    33 properties
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    Two-Building Restaurant & Showroom Space
    Updated: Apr 30
    Two-Building Restaurant & Showroom Space

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

    $349,000
    2,768 sqft 0.64 AC lot
    About 0.64 acres along highly traveled Hwy 48 at a busy intersection with strong visibility
    Building A: approximately 2,700 SF previously operated as a restaurant with a large walk‑in cooler
    Building B: approximately 2,300 SF newer open flexible space for events, showroom, or storage
    Ample on‑site parking and updated mechanicals
    Forced‑air heating and central air
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    This listing looks promising.

    Here's a quick look at some key insights for

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

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $347K
      Suggested

    • Last Sold

      Oct 2021
      $166K
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    Furnished Corner Restaurant Building
    Updated: Jan 20
    Furnished Corner Restaurant Building

    36 W Marshall Street, Rice Lake, WI 54868

    $289,900
    4,776 sqft 0.21 AC lot
    4,776‑square‑foot restaurant building
    0.209‑acre site at 36 W Marshall Street
    Corner position in downtown Rice Lake
    Kitchen with preparation and storage areas
    Furnished interior
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    Downtown Main Street Storefront
    Downtown Main Street Storefront

    10 N Main Street, Rice Lake, WI 54868

    $139,000
    4,830 sqft 0.07 AC lot

    For-sale storefront property at 10 N Main Street in downtown Rice Lake, WI, totaling 4,830 square feet.

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    Remodeled Stand-Alone Restaurant
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Office Building with Central Air
    Freestanding Office Building with Central Air

    1822 S Main Street, Rice Lake, WI 54868

    $349,900
    1,340 sqft 0.68 AC lot

    Office building with reception area, multiple offices, restroom, partial basement, and forced-air heating with central air.

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    Wagon Wheel Mixed-Use Property
    Wagon Wheel Mixed-Use Property

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

    $339,900
    4,172 sqft 0.97 AC lot

    Bar and restaurant operations occupy the main level, with a second-story apartment and essential building systems in place.

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    Medical Office Condo with Private Rooms
    Medical Office Condo with Private Rooms

    1035 N Main Street, Rice Lake, WI 54868

    $189,900
    1,987 sqft 0.05 AC lot

    Turnkey condo in Medical Arts Building with multiple private rooms, sinks, and bathrooms for healthcare and wellness services.

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    Office Building with Original Hardwood
    Office Building with Original Hardwood

    1131 S Main St, Rice Lake, WI 54868

    $129,900
    886 sqft

    Office building with original hardwood floors, full basement, and a rear parking lot.

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    Multi-Room Medical Office Condo
    Multi-Room Medical Office Condo

    1035 N Main Street, Rice Lake, WI 54868

    $239,900
    2,763 sqft 0.06 AC lot

    Remodeled professional suite with private rooms, individual sinks, multiple bathrooms, and central air conditioning.

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    Mixed-Use Office Building with Apartment
    Mixed-Use Office Building with Apartment

    1 S Main Street, Rice Lake, WI 54868

    $379,900
    4,009 sqft 0.06 AC lot

    Downtown mixed-use office building with salon/studio space, lower-level services, and a three-bedroom apartment above.

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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    1 S Main Street, Rice Lake, WI 54868

    $379,900
    4,059 sqft

    Tenant-occupied mixed-use property with street-facing main and lower levels plus an upper apartment.

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    Flex Space with Two Overhead Doors
    Flex Space with Two Overhead Doors

    1230 S Main Street, Rice Lake, WI 54868

    $400,000
    4,100 sqft 0.22 AC lot

    Approximately 4,100 SF flex space with showroom, offices, and a back shop accessed by two overhead garage doors.

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    Downtown Brick Religious Facility Building
    Downtown Brick Religious Facility Building

    1 N Main, Rice Lake, WI 54868

    $499,000
    15,900 sqft 0.27 AC lot

    Three-story brick and block building with dedicated parking on a double lot in downtown Rice Lake.

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    Medical Arts Building Condo
    Medical Arts Building Condo

    1s-1035 N Main St, Rice Lake, WI 54868

    $249,900
    2,700 sqft

    Turnkey condo in Rice Lake's Medical Arts Building.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    407 S MAIN Street, Rice Lake, WI 54868

    $174,900
    2,400 sqft 0.11 AC lot

    Existing kitchen, walk-in cooler, basement storage, and public utilities support restaurant operations.

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    Waterfront Land with Workshop
    Waterfront Land with Workshop

    0.65 acres 21st Street, Rice Lake, WI 54868

    $215,000
    0.65 AC lot

    Build-ready waterfront land with direct Red Cedar River access and an existing 30-by-36 workshop.

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    Updated Medical Office Condo
    Updated Medical Office Condo

    1035 N Main Street #1S, Rice Lake, WI 54868

    $239,900
    2,700 sqft

    Turnkey, remodeled medical/wellness condo with multiple private rooms, bathrooms, and modern finishes in a professional building.

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    Waterfront Land on Red Cedar
    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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    Former Bank Retail Space
    Former Bank Retail Space

    2850 Pioneer Avenue, Rice Lake, WI 54868

    Contact for pricing
    4,364 sqft

    The property is identified as retail space with Commercial zoning and a former bank-branch use.

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    Commercial Land Parcel Off Highway 53
    Commercial Land Parcel Off Highway 53

    19th Street, Rice Lake, WI 54868

    $42,900
    1.13 AC lot

    1.126-acre commercial parcel with cleared and leveled areas, accessed directly off Highway 53 north of Rice Lake.

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    Absolute NNN Medical Office
    Absolute NNN Medical Office

    840 Bear Paw Avenue, Rice Lake, WI 54868

    Contact for pricing
    7,130 sqft

    Purpose-built healthcare facility completed in 2018 with a long-term lease and renewal options.

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    Retail Building with Attached Warehouse
    Retail Building with Attached Warehouse

    230 S MAIN Street, Rice Lake, WI 54868

    $550,000
    4,406 sqft 0.63 AC lot

    Retail building with an attached warehouse/storage area and off-street parking on two lots totaling over half an acre.

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    Refrigerated Industrial Distribution Building
    Refrigerated Industrial Distribution Building

    3020 Pioneer Avenue, Rice Lake, WI 54868

    Contact for pricing
    5,400 sqft 2.24 AC lot

    Steel-frame industrial building includes refrigerated storage and distribution plus three powered overhead doors.

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    Gas Station with NNN Lease
    Gas Station with NNN Lease

    2789 22nd St, Rice Lake, WI 54868

    Contact for pricing
    7,874 sqft

    Secured by a new 15-year master lease with 2% annual rent increases.

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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 33 active listings on our real estate platform. These investment opportunities span a total of 124,493 square feet of properties for sale, with an estimated market value of $6,728,200.

    Sale prices for business properties in Rice Lake, WI start at $42,900, averaging $320,390, 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 $329.9K

    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)

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