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Updated Medical Office Condo
For Sale
Under Contract
$239,900

1035 N Main Street, Rice Lake, WI 54868

CommercialSale, Rice Lake, WI

Property Size2,763 SF
Lot Size0.06 Acres
Price / SF$86.83
Days on Market239

Property Features for 1035 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Exterior features Lighting
Elementary school district Rice Lake Area
Middle school district Rice Lake Area
High school district Rice Lake Area
Directions Take north main street to the Medical Arts Building. Unit 1S. Main level on the right hand side.
Standard status Active Under Contract
APN 276-1988-08-000
Size 2,763 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 1S (2763 SQ FT) RICE LAKE MEDICAL ARTS BLDG CONDOMINIUM
Tax Annual Amount 3372
Legal Description UNIT 1S (2763 SQ FT) RICE LAKE MEDICAL ARTS BLDG CONDOMINIUM

Utilities

Sewer type Public Sewer
Heating system Zoned
Cooling system Central Air
Water source Public

Building Details

Flooring type Carpet
Building materials Brick
Listing Agency: Jenkins Realty Inc
Listed By: Charissa Myers · License #70533-94
Added: Jan 7 Changed: Sep 2 Last Checked: Sep 3 at 3:06AM
MLS# 1597792

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.

Investment Insights

Based on property information with market context.

This medical office condominium occupies space within the Medical Arts Building and has been updated with modern finishes. The interior includes more than a dozen private rooms, many with individual sinks, along with multiple bathrooms. Its configuration can accommodate treatment rooms, private offices, or a multi-provider practice, subject to the applicable requirements for the intended use.

The property is located at the end of N Main Street in Rice Lake, offering views of Rice Lake and a quieter setting for visitors and staff. Building features include brick construction, carpeted flooring, zoned heating, central air, lighting, public water, and public sewer.

Key Highlights

  • More than a dozen private rooms, many with individual sinks
  • Multiple bathrooms support medical, wellness, therapy, or professional service uses
  • Updated interior with modern finishes

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54868, WI

15,785
Population
7,640
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
94%
High-School Grad
212.0 sq mi
ZIP Area
74
Density / Sq Mi
$64,567
Median Household Income
$40,474
Median Earnings
$850
Median Rent
$199,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible layout includes private rooms, individual sinks, and multiple bathrooms for professional service operations.
Where is this medical office space located?
The property is located at 1035 N Main Street Rice Lake, WI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: More than a dozen private rooms, many with individual sinks; Multiple bathrooms support medical, wellness, therapy, or professional service uses; Updated interior with modern finishes
More about this property
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