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Two-Level Office Building
New
For Sale
$425,000

1835 N STEVENS ST, Rhinelander, WI 54501

CommercialSale, Rhinelander, WI

Property Size8,064 SF
Lot Size0.91 Acres
Price / SF$52.70
Days on Market4

Property Features for 1835 N STEVENS ST

General Information

Property type Commercial Sale
Property subtype Office
Bathrooms 4
Half bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Exterior features Elevator
Accessibility Accessible Elevator Installed
Directions Lincoln St to north on Hwy 17 to east on N Stevens St, property is on the north side of the street.
Standard status Active
Lot size 0.91 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description PT NE NE E 135' of Lot 4 SMB943 0.908 ACRES
Tax Annual Amount 16739
Legal Description PT NE NE E 135' of Lot 4 SMB943 0.908 ACRES

Utilities

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

Amenities

Reception Area
Storage
Printing Room
Library
Break room
Conference Room

Building Details

Year built 1977
Floors in Building 2
Number of units 1
Flooring type Tile, Laminate, Carpet
Building materials Brick, Frame, VinylSiding
Roof type Composition, Shingle
Buildings 1
Listing Agency: SHOREWEST - RHINELANDER · Coldwell Banker Real Estate
Listed By: JEREMY MCCONE · License #66846 - 94
Added: Oct 29 Changed: Oct 30 Last Checked: Nov 1 at 10:06PM
MLS# 220247

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.

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Investment Insights

Based on property information with market context.

This 8,064-square-foot office building, constructed in 1977, spans two levels on a 0.908-acre parcel. The upper floor contains nine offices, a reception area, storage, a printing room, two bathrooms, a library, a break room, and an elevator lift. The lower floor adds 16 offices, a conference room, two bathrooms, and a utility room. A newer roof and 2017 interior remodeling are noted, along with vinyl siding, a two-car garage, a storage shed, and parking for more than 20 vehicles. Heating is natural gas forced air, and the building has central air conditioning.

The property is on a business corridor in northern Rhinelander, with a reported traffic count of 7,800 vehicles per day. It is served by public water and sewer and is zoned B-3 general business.

Key Highlights

  • 8,064‑square‑foot office building on 0.908 acres
  • Upper level includes 9 offices; lower level includes 16 offices
  • B‑3 general business zoning with an established tenant in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Big Box & Wholesale Store Restaurant Grocery & Convenience Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - An established tenant occupies a B-3 general business property with elevator access and ample on-site parking.
Where is this office building located?
The property is located at 1835 N STEVENS ST Rhinelander, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 8,064‑square‑foot office building on 0.908 acres; Upper level includes 9 offices; lower level includes 16 offices; B‑3 general business zoning with an established tenant in place
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