Operational Restaurant Business with
For Sale
$135,000
400 PELHAM ST S, Rhinelander, WI 54501
CommercialSale, Rhinelander, WI
Property SizeContact for details
Days on Market90
Property Features for 400 PELHAM ST S
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level
Directions
Located at the corner of Courtney St & S Pelham St.
Standard status
Active
APN
27601-0296-0000
Taxes and HOA fees
Tax Description
Business Only
Legal Description
Business Only
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
NORWISREALTY.COM LLC
(715) 282-7130
Listed By:
SCOTT FREIMUTH · License #49270 - 90
(715) 490-0999
Added: Jun 17
Changed: Aug 19
Last Checked: Sep 14 at 11:06AM
MLS# 217967
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 business-only offering includes an operating conventional restaurant with equipment needed for continued food-service operations. The leased premises comprise approximately 2,000 square feet and support take-and-bake pizza, carryout, dine-in service, sandwiches, soups, salads, paninis, appetizers, party snacks, and fresh cheese curds. Vinyl flooring and forced-air heating supplied by natural gas are in place.
The location is in downtown Rhinelander at 400 Pelham St S, near a prominent downtown intersection. Public water and public sewer serve the premises, providing established basic utility infrastructure for the leased restaurant space.
The location is in downtown Rhinelander at 400 Pelham St S, near a prominent downtown intersection. Public water and public sewer serve the premises, providing established basic utility infrastructure for the leased restaurant space.
Key Highlights
- Business‑only sale with restaurant equipment included
- Approximately 2,000‑square‑foot leased restaurant location
- Take‑and‑bake pizza, carryout, dine‑in, sandwich, salad, soup, panini, and snack offerings
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Apparel 30%
Shops & Services 29%
Home Improvements & Furnishings 8%
T.J. Maxx
Apparel
22,746 visits/mo
0.1 miles
McDonald's
Dining
19,139 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
7,151 visits/mo
0.3 miles
Burger King
Dining
6,467 visits/mo
0.3 miles
Trig's Ace Hardware
Home Improvements & Furnishings
4,961 visits/mo
0.1 miles
Demographics for 54501, WI
20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established restaurant business with equipment included in a leased downtown location.
Where is this conventional restaurant located?
The property is located at 400 PELHAM ST S Rhinelander, WI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Business‑only sale with restaurant equipment included; Approximately 2,000‑square‑foot leased restaurant location; Take‑and‑bake pizza, carryout, dine‑in, sandwich, salad, soup, panini, and snack offerings
