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Main Street Commercial Building

407 S MAIN Street, Rice Lake, WI 54868

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For Sale

$174,900

COMMERCIAL - Rice Lake, WI

Property size:

2,400 SF

Lot size:

0.11 Acres

Price / SF:

$72/SF

HighLights

Prime Main Street location with high traffic, across from Marketplace Foods.
Complete kitchen included, suitable for a restaurant with seating for over 50 customers.
Seller financing available for qualified buyers (terms negotiable).
Building suitable for various business types: restaurant, shop, office, etc.
Includes walk‑in cooler and significant downstairs storage.
Central Air Conditioning.

We can help!

Listing Contact

Layne Grover

For Sale

$174,900

COMMERCIAL - Rice Lake, WI

Property size:

2,400 SF

Lot size:

0.11 Acres

Price / SF:

$72/SF

Added:: Jun 2, 2025
Days on Market:: 377
Last Refresh:: Jun 13 at 6:06 pm

Property Features for 407 S MAIN Street

General Information

Property type: Commercial Sale
Property subtype: Other
Rooms: Basement
Standard status: Active
APN: 276-5004-96-000
Size: 2,400 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: LENGTHLY
Tax Annual Amount: 5754

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1946
Building materials: Brick, CementSiding

We can help!

Listing Contact

Layne Grover

Listing agent Layne Grover License #28584-90

Listing office Team Realty 1004 Hammond Ave, Rice Lake, WI

Listing date Jun 2, 2025

MLS# 1592202

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.

HighLights

Prime Main Street location with high traffic, across from Marketplace Foods.
Complete kitchen included, suitable for a restaurant with seating for over 50 customers.
Seller financing available for qualified buyers (terms negotiable).
Building suitable for various business types: restaurant, shop, office, etc.
Includes walk‑in cooler and significant downstairs storage.
Central Air Conditioning.

Overview

This commercial building presents an opportunity for business ownership in a high-traffic location on Main Street. The property is situated across from Marketplace Foods and near Casa Mexicana Grill and Cantina. Previously home to the Mandarin Restaurant and Russ's Pancake House, the building is equipped with a complete kitchen, including a walk-in cooler, and offers substantial downstairs storage. The space can accommodate seating for over 50 customers. The property is suitable for various ventures, including a restaurant, specialty shop, insurance company, ice cream parlor, or office space. The building's location and features make it ideal for a breakfast or dinner restaurant. The lot size is 0.105 acres, and the property size is 2400 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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Shank N Shig BBQ — 20 Phipps Ave, Rice Lake, WI 54868

Location Insight

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Local Demand

City: Rice Lake
County: Barron
State: Wisconsin
Longitude: -91.73293
Latitude: 45.495406

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For sale
Restaurants
WI
Rice Lake
54868
407 S MAIN Street

What type of property is this?

Restaurant - Commercial building with restaurant potential in high-traffic area.

Where is this restaurant located?

The property is located at 407 S MAIN Street Rice Lake, WI.

What is the asking price?

The asking price for this property is $174,900.

What are key features of this property?

This property features: Prime Main Street location with high traffic, across from Marketplace Foods.; Complete kitchen included, suitable for a restaurant with seating for over 50 customers.; Seller financing available for qualified buyers (terms negotiable).

407 S MAIN Street, Rice Lake, WI 54868

COMMERCIAL - Rice Lake, WI

Property Features for 407 S MAIN Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Commercial Property Near Rice Lake

Updated Medical Arts Building Condo

Established Restaurant in Rice Lake

Main Street Commercial Building

Updated Medical Arts Condo

Flex Space with Showroom and Overhead Doors

Established Bar and Restaurant For Sale

Versatile Building in Downtown Rice

Corner-Lot Mixed-Use Downtown Property

Rice Lake Commercial Property

Established Storage Facility with Expansion Potential

Medical Arts Building Condo

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