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    Live-Work Retail Showroom Property Title is generated by Realmo AI

    1409 LINCOLN ST, Rhinelander, WI 54501

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    Claim this Listing
    For Sale
    $359,000

    COMMERCIAL - Rhinelander, WI

    Property size:
    2,665 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $134/SF
    Added:
    Jul 9, 2024
    Days on Market:
    713
    Last Refresh:
    Jun 21 at 12:06 am

    Property Features for 1409 LINCOLN ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    3
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Driveway
    Interior features
    Storage
    Standard status
    Active
    APN
    27601-9105-1304
    Size
    2,665 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PT NE SE 100 X 200 ANNEXED 95 FM'LY PE 58-5
    Tax Annual Amount
    4395

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Flooring type
    Mixed
    Building materials
    Frame
    Roof type
    Shingle, Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    LISA ALSTEEN
    LISA ALSTEEN

    Listing agent LISA ALSTEEN License #52808 - 90

    Listing office REDMAN REALTY GROUP, LLC 231 Oneida St PO Box 1287, Minocqua, WI

    Listing date Jul 9, 2024

    MLS# 207851 Listing URL

    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.

    HighLights

    • Prime commercial location on Lincoln St. between Aldis and Dunkin Donuts.
    • Two buildings: a well‑maintained 3‑bedroom home and a 2,665 sq. ft. commercial building.
    • Commercial building features a showroom with large windows, bathroom, office area, and storage.
    • Opportunity to live and work from the same property.
    • Large yard provides a customizable space for business needs.
    • Easy access with street lights and driveway parking.

    Overview

    This for-sale property includes two buildings on one lot. One building is a very well maintained 3-bedroom, 1.5-bath home. The second building is a large showroom-style space with large windows, a bathroom, an office area, and plenty of storage, offering a flexible footprint for retail, display, or service-oriented uses.

    The property is located on Lincoln St. in Rhinelander and sits between an Aldi and a Dunkin Donuts, providing convenient neighborhood commercial access. Street lights are noted for easy ingress and egress.

    For tenants, buyers, or owner-operators looking to combine living and business functions, the configuration supports day-to-day workflow without relocating between separate sites. The showroom and office/storage layout can accommodate businesses that need visible space and back-of-house capacity, while the large yard behind the buildings is a blank canvas that could be used to support a wide range of operational needs based on the user’s requirements.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $35.2k $13.20
    − Vacancy −$915 −$0.34
    EGI $34.3k $12.86
    − OpEx −$10.3k −$3.86
    NOI $24.0k $9.00
    2,665 SF · lease $13.20/SF/yr · vacancy 2.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $342.6K
    $299.8K – $399.7K (±1% cap)
    NOI $23,984 @ 7.0% cap · market cap 6.68%
    Second Best
    Mixed Use
    $280.6K
    $245.6K – $327.4K (±1% cap)
    NOI $19,644 @ 7.0% cap · market cap 5.47%
    Theoretical Best
    Industrial
    $1.25M
    $1.09M – $1.46M (±1% cap)
    NOI $87,314 @ 7.0% cap · market cap 24.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rhinelander
    County
    Oneida
    State
    Wisconsin
    Longitude
    -89.38999321
    Latitude
    45.63338974

    FAQs

    What type of property is this?
    Mixed-use property - Two-building live-and-work setup with showroom space, offices, storage, and a yard for business expansion ideas.
    Where is this mixed-use property located?
    The property is located at 1409 LINCOLN ST Rhinelander, WI.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: Prime commercial location on Lincoln St. between Aldis and Dunkin Donuts.; Two buildings: a well‑maintained 3‑bedroom home and a 2,665 sq. ft. commercial building.; **Commercial building features a showroom with large windows, bathroom, office area, and storage.**
    More about this property
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