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Medical Office Condo with Private Rooms
For Sale
$189,900

1035 Main Street #2SE, Rice Lake, WI 54868

Commercial zoning and a flexible layout accommodate medical, wellness, therapy, or professional services.

Property Size1,987 SF
Price / SF$95.57
Days on Market11

Property Features for 1035 Main Street #2SE

General Information

Standard status Active
Size 1,987 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Condition Move-in Ready
Office Units 1
Property Use Medical Office

Amenities

scenic views of Rice Lake
private rooms
modern finishes
multiple bathrooms

Building Details

Building Size 1,987 SF
Tenancy Single
Listing Agency: Jenkins Realty Inc
Listed By: Charissa Myers · License #70533-94
Source: Coactionrealestate
Added: Oct 19 Changed: Oct 26 Last Checked: Oct 29 at 7:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jenkins Realty Inc

Rey
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Investment Insights

Based on property information with market context.

This remodeled commercial condominium in the Medical Arts Building has more than a dozen private rooms, many equipped with individual sinks, as well as multiple bathrooms and modern finishes. Its room configuration can support treatment areas, private offices, or a multi-provider operation. The property is currently home to Enliven Medspa and Wellness Center.

At 1035 Main Street in Rice Lake, the unit is located at the end of Main Street and offers views of Rice Lake. The building has an established professional presence.

Key Highlights

  • More than a dozen private rooms; many have individual sinks
  • Multiple bathrooms and modern finishes
  • Located in the Medical Arts Building at 1035 Main Street, Rice Lake

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Restaurant Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54868, WI

15,785
Population
7,640
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
94%
High-School Grad
212.0 sq mi
ZIP Area
74
Density / Sq Mi
$64,567
Median Household Income
$40,474
Median Earnings
$850
Median Rent
$199,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial zoning and a flexible layout accommodate medical, wellness, therapy, or professional services.
Where is this medical office space located?
The property is located at 1035 Main Street #2SE Rice Lake, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: More than a dozen private rooms; many have individual sinks; Multiple bathrooms and modern finishes; Located in the Medical Arts Building at 1035 Main Street, Rice Lake
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