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400-416 PELHAM ST S, Rhinelander, WI, 54501
Downtown Mixed-Use Corner Property

400-416 PELHAM ST S Rhinelander, WI 54501

For Sale
$549,900

COMMERCIAL - Rhinelander, WI

Property Size11,982 SF
Lot Size0.70 Acres
Price / SF$45.89
Days on Market437

Property Features for 400-416 PELHAM ST S

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 11
Bathrooms 9
Rooms Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bathroom 6, Bathroom 7, Bathroom 5, Bedroom 8, Bathroom 9, Bedroom 2, Bedroom 11, Bedroom 4, Bedroom 5, Bedroom 10, Bedroom 9, Bathroom 4, Bathroom 8, Bedroom 1
Parking features Special Needs
Exterior features HandicapAccessible
Accessibility Accessible Approach with Ramp
Standard status Active
APN RH-294 & RH-296
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lengthy see file
Tax Annual Amount 10370

Utilities

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

Building Details

Flooring type Carpet, Vinyl, Mixed
Building materials Frame
Roof type Rubber, Composition, Shingle
Listing Agency: NORWISREALTY.COM LLC
Listed By: SCOTT FREIMUTH · License #49270 - 90
Added: May 19, 2025 Changed: Jul 28 Last Checked: Jul 29 at 5:06AM
MLS# 212087

Copyright © 2026 Greater Northwoods MLS. 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 mixed-use, two-building property in downtown Rhinelander includes residential and flexible commercial space. Building One has residential units on the upper level, consisting of four two-bedroom, one-bath apartments and one efficiency apartment, along with a main-level two-bedroom, one-bath apartment. The main level also includes approximately 5,800 square feet of retail and office space, and the layout is described as flexible and potentially reconfigurable to support different tenancy setups. Building Two includes approximately 2,000 square feet divided into three retail/office spaces and features a full basement that can be used for additional storage or future possibilities. The property is described as well-maintained, and many units in the residential portion have been recently remodeled.

The buildings are located on a highly visible corner lot and are positioned for exposure in a downtown setting. The listing notes strong traffic counts, private off-street paved parking, and convenient access to city amenities, shopping, dining, and entertainment. The offering is real estate only, and the property is shown by appointment.

For tenants, buyers, or operators seeking an integrated setup, the combination of apartments with on-site retail and office space can support multiple revenue streams under one ownership. The presence of separate retail/office suites in both buildings may appeal to service-oriented users and flexible re-tenanting strategies, while the apartment mix provides additional housing demand served by the same location. The seller also indicates that Kids Korner Pizza is available for purchase separately under MLS #217967.

Key Highlights

  • Mixed‑use downtown Rhinelander property with two buildings and residential plus retail/office space
  • Building One includes about 3,330 SF residential (four 2BD/1BA plus one efficiency) and about 852 SF additional 2BD/1BA unit
  • Building One also offers about 5,800 SF retail and office space on the main level

Property Analytics

Property Profile Location Intelligence

Current Use

Retail space

Suggested Use

Top Pick Building Supply Restaurant Pharmacy Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building downtown mixed-use offering residential apartments plus retail and office space with private off-street parking.
Where is this mixed-use property located?
The property is located at 400-416 PELHAM ST S Rhinelander, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Mixed‑use downtown Rhinelander property with two buildings and residential plus retail/office space; Building One includes about 3,330 SF residential (four 2BD/1BA plus one efficiency) and about 852 SF additional 2BD/1BA unit; Building One also offers about 5,800 SF retail and office space on the main level
More about this property
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