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Modern Main-Floor Office Suite
For Lease
$2,150/Mo

1507 W Knapp Street, Rice Lake, WI 54868

COMMERCIAL - Rice Lake, WI

Space Size1,943 SF
Lot Size0.05 Acres
Days on Market936

Property Features for 1507 W Knapp Street

General Information

Property type Commercial Lease
Property subtype Office
Elementary school district Rice Lake Area
Middle school district Rice Lake Area
High school district Rice Lake Area
Directions From Rice Lake: Take Main Street north toward Knapp Street. Turn left onto Knapp Street. Turn right onto Hazlewood Drive. Turn left onto Frontage Road. Property will be on the right.
Subdivision 33 - Rice Lake Schl/City
Standard status Active
Size 1,943 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description Lengthy
Legal Description Lengthy

Utilities

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

Building Details

Building materials Brick, CementSiding
Listing Agency: Real Estate Solutions
Listed By: Thomas Richie · License #55515-90
Added: Jan 12, 2024 Changed: Aug 4 Last Checked: Aug 5 at 9:06PM
MLS# 1579051

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.

Investment Insights

Based on property information with market context.

This 1,943-square-foot office suite occupies the main floor of the Howler Land Professional building at 1507 W Knapp Street in Rice Lake. The layout combines a large open area with a reception space, private office, and kitchenette. Modern finishes and natural light contribute to a contemporary working environment.

The property is served by public water and public sewer, with forced-air heating and central air conditioning. The suite is available for professional office or business use, and the tenant is responsible for utility costs and CAM charges.

Key Highlights

  • 1,943 SF main‑floor office suite
  • Large open area with modern finishes and natural light
  • Reception area, private office, and kitchenette

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Hair Salon Big Box & Wholesale Store Electrical Service

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

NNN (Triple Net)
Lease Type
$1.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby

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

Market

Lease Benchmarks for Rice Lake, WI

$14.57 /SF/Yr
Avg Asking Price
$13.28–$15.85 /SF/Yr
Price Range
3,284 SF
Avg Space Size

This space is priced 9% below the average of $14.57 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space with open work areas, a reception zone, private office, kitchenette, and abundant natural light.
Where is this office units located?
The property is located at 1507 W Knapp Street Rice Lake, WI.
What is the lease rate?
The lease rate is $2,150/Mo.
What are key features of this property?
This property features: 1,943 SF main‑floor office suite; Large open area with modern finishes and natural light; Reception area, private office, and kitchenette
More about this property
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