Office Building with
For Sale
Contact for pricing
1226 Lincoln, Rhinelander, WI 54501
Configured with reception, conference, private office, and lower-level finished areas.
Property Size2,665 SF
Price / SF$206.34
Days on Market193
Property Features for 1226 Lincoln
General Information
Standard status
Active
Size
2,665 SF
Property subtype
Retail, Office
Zoning
B-3
Additional Details
Road Access
Yes
Amenities
signage
open reception area
conference room
private offices
finished rooms
garage
paved parking
Building Details
Units
1
Listing Agency:
Shorewest, REALTORS
Listed By:
Deb Mann · License #73216-94
(715) 369-1223
Source:
Crexi
Added: Mar 28
Changed: Oct 1
Last Checked: Oct 5 at 4:01PM
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 Shorewest, REALTORS
Investment Insights
Based on property information with market context.
This 2,665 SF office building includes an open reception area, conference room, eight private offices on the main level, and three finished rooms downstairs. The property also includes a 26-by-40-foot garage on the rear parcel, with access from Coon Street. Paved private parking and existing signage support day-to-day business operations.
The offering comprises three parcels with two curb cuts on Lincoln Street in Rhinelander. B-3 zoning applies to two of the three parcels. The existing configuration is suited to professional service operations and can also accommodate the drive-up food or coffee and retail uses identified for the property.
The offering comprises three parcels with two curb cuts on Lincoln Street in Rhinelander. B-3 zoning applies to two of the three parcels. The existing configuration is suited to professional service operations and can also accommodate the drive-up food or coffee and retail uses identified for the property.
Key Highlights
- 2,665 SF office building with reception, conference room, and eight main‑level private offices
- Three finished rooms in the lower level provide additional usable space
- 26x40 garage on the rear parcel with access to Coon Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,786
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,720
$455.7K
Cap Rate 7%
$325,514
$325.5K
Cap Rate 9%
$253,178
$253.2K
Market Conditions
NOI Build-Up for 2,665 SF
Gross rent
$40.0K $15.00/SF
− Vacancy
−$9.6K −$3.60/SF
EGI
$30.4K $11.40/SF
− OpEx
−$7.6K −$2.85/SF
NOI
$22.8K $8.55/SF
Area
Oneida County, WI
Vacancy
24.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,720
Cap Rate 7%
$325,514
Cap Rate 9%
$253,178
Alternative Uses
Best Use
Office B
$325.5K
$284.8K – $379.8K
NOI $22,786 @ 7.0% cap · market cap 4.14%
Second Best
Mixed Use
$280.6K
$245.6K – $327.4K
NOI $19,644 @ 7.0% cap · market cap 3.57%
Theoretical Best
Industrial
$1.25M
$1.09M – $1.46M
NOI $87,314 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Configured with reception, conference, private office, and lower-level finished areas.
Where is this office building located?
The property is located at 1226 Lincoln 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: 2,665 SF office building with reception, conference room, and eight main‑level private offices; Three finished rooms in the lower level provide additional usable space; 26x40 garage on the rear parcel with access to Coon Street
