Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    400-406 Pelham St S Rhinelander, WI 54501

    For Sale
    $459,900

    COMMERCIAL - Rhinelander, WI

    Lot size:
    0.53 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 400-406 Pelham St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 9, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 7, Bedroom 13, Bathroom 3, Bathroom 6, Bathroom 1, Bedroom 7, Bedroom 9, Bedroom 3, Bathroom 5, Bedroom 11, Bedroom 12, Bathroom 8, Bedroom 10
    Bedrooms
    13
    Bathrooms
    9
    Parking features
    Driveway, Special Needs
    Exterior features
    HandicapAccessible
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.53 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Number of units
    9
    Flooring type
    Mixed
    Building materials
    Frame
    Roof type
    Rubber

    NorWisRealty.com LLC (715) 282-7130 [email protected]

    Listing agent SCOTT FREIMUTH (715) 282-7130 License #49270 - 90

    Listing date Oct 16, 2025

    Copyright © 2025 Northwoods Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rhinelander Mixed-Use Investment Opportunity

    This multi-use commercial and residential building features approximately 5800 square feet of retail or office space and an 852-square-foot 2-bedroom, 1-bath residential unit on the main floor. The upper floor includes five 2-bedroom, 1-bath apartments, as well as an efficiency apartment, totaling approximately 3300 square feet of residential space. Situated on a corner lot in the heart of Rhinelander, WI, the property benefits from high visibility and traffic count. It includes off-street private paved parking and is connected to city water and sewer services. All units are currently rented. The property is located at 400-406 Pelham St S, Rhinelander, WI 54501 and has a lot size of 0.53 acres.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rhinelander
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.41294505
    Latitude
    45.6345821

    Nearby Similar for Sale

    • $399,900
      2.00 Acres

      Turnkey Restaurant and Bar Opportunity

      Restaurant/bar with updated interior, outdoor entertainment spaces near Rhinelander.
      6776 Cth K, Rhinelander, WI 54501
      View Details
    • $349,750
      0.17 Acres

      Mixed-Use Property in Rhinelander, WI

      Updated living quarters with commercial and storage space.
      11 Keenan St W, Rhinelander, WI 54501
      View Details
    • $479,000
      0.59 Acres

      Retail Building with Two Units

      Retail building with two units, one leased, one available.
      535 Lincoln St, Rhinelander, WI 54501
      View Details
    • $479,000
      8,500 SF

      Rhinelander, WI Retail Opportunity

      Retail property for sale in Rhinelander, Wisconsin.
      535 Lincoln St, Rhinelander, WI 54501
      View Details
    • New
      $359,000
      0.46 Acres

      Rhinelander Commercial Property with Residence

      Mixed-use property featuring showroom, office, storage, and residential home.
      1409 Lincoln St, Rhinelander, WI 54501
      View Details
    • $569,900
      0.70 Acres

      Multi-Use Property in Rhinelander, WI

      Multi-use property with apartments, retail, and office spaces for sale.
      400-416 Pelham St S, Rhinelander, WI 54501
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-unit commercial/residential building in Rhinelander, WI with high visibility.
    Where is this mixed-use property located?
    The property is located at 400-406 Pelham St S Rhinelander, WI.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: - High visibility corner lot location in the heart of Rhinelander, WI.; - Multi-use commercial/residential building with approximately 5800 sq ft of retail/office space.; - Features 5 - 2-bedroom 1 bath apartments and an efficiency apartment.
    (715) 282-7130
    Request Owner's contact information
    400-406 Pelham St S Rhinelander, WI 54501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400-406 Pelham St S
    Rhinelander, WI 54501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400-406 Pelham St S Rhinelander, WI 54501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.