Downtown Mixed-Use Corner
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
(715) 282-7130
Listed By:
SCOTT FREIMUTH · License #49270 - 90
(715) 282-7130
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.
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
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