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Leased Rhinelander Storefront Property
For Sale
$199,900

156 Stevens St S, Rhinelander, WI 54501

Occupied commercial space with an in-place lease and future flexibility tied to renewal discussions.

Property SizeContact for details
Days on Market19

Property Features for 156 Stevens St S

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,323
Listing Agency: LAKELAND REALTY
Listed By: MATT WALLMOW
Source: Exprealty
Added: Jul 24 Changed: Aug 11 Last Checked: Aug 11 at 7:24AM

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 LAKELAND REALTY

Investment Insights

Based on property information with market context.

This storefront property at 156 Stevens St S in Rhinelander, Wisconsin is leased to an established tenant under an agreement running through October 31, 2026. Renewal discussions are underway, creating a defined near-term lease horizon while leaving future occupancy decisions subject to the finalized lease terms and applicable zoning.

The property’s existing lease includes gas and electric, and the current tenant provides an established operating presence. Rhinelander is identified as a regional commercial, medical, retail, and recreational hub with highway access and year-round activity. The asset may suit an owner-user or another commercial occupant after the current lease period, subject to applicable zoning and lease negotiations.

Key Highlights

  • Lease in place through October 31, 2026
  • Renewal discussions are underway with the current tenant
  • Gas and electric are included under the existing lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Electrical Service Computer & Electronic Repair Building Supply Garden Center

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

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
Balanced
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Forth Floral 410 N Brown St, Rhinelander, WI 54501
  • Trig's Floral & Home 236 S Courtney St Suite 9, Rhinelander, WI 54501
  • Festive Frog 41 W Davenport St, Rhinelander, WI 54501

Frequently Asked Questions

What type of property is this?
Storefront property - Occupied commercial space with an in-place lease and future flexibility tied to renewal discussions.
Where is this storefront property located?
The property is located at 156 Stevens St S Rhinelander, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Lease in place through October 31, 2026; Renewal discussions are underway with the current tenant; Gas and electric are included under the existing lease
More about this property
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