1822 S Main Street Rice Lake, WI 54868
COMMERCIAL - Rice Lake, WI
Property Features for 1822 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Standard status
- Active
- APN
- 276500682000
- Size
- 1,340 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- lengthy
- Tax Annual Amount
- 4846
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1948
- Building materials
- VinylSiding
Listing agent Casey Watters License #52542-90 (715) 434-7904
Listing office Real Estate Solutions 1815A S Main St, Rice Lake, WI (715) 719-0555
Listing date Mar 25, 2026
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.
Key Highlights
- Prime Main Street location offering high visibility.
- Generous 0.68‑acre lot with ample parking and expansion potential.
- Move‑in ready condition with recent roof and siding updates.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.6k | $17.64 |
| − Vacancy | −$5.2k | −$3.88 |
| EGI | $18.4k | $13.76 |
| − OpEx | −$4.6k | −$3.44 |
| NOI | $13.8k | $10.32 |
