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Former Gas Station on 1.55 Acres
For Sale
$349,000

2501 S Main St, Rice Lake, WI 54868

Former C-Store & Gas Station on 1.55 Acre site.

Property Size900 SF
Lot Size1.55 Acres
Price / SF$387.78
Days on Market167

Property Features for 2501 S Main St

General Information

Standard status Active
Size 900 SF
Lot size 1.55 Acres

Taxes and HOA fees

Annual Taxes $11,142
Listing Agency: Chippewa Valley Real Estate, LLC
Listed By: The Raven Team · License #5085390
Source: Exprealty
Added: Mar 10 Changed: Aug 23 Last Checked: Aug 22 at 7:59AM

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 Chippewa Valley Real Estate, LLC

Investment Insights

Based on property information with market context.

This property is a former C-Store and gas station situated on a 1.55-acre site. The location offers high visibility. The existing structure includes a 900-square-foot store. The site is equipped with 8 pumps and 3 tanks, with capacities of 5,000, 7,000, and 20,000 gallons respectively; the tanks are made of fiberglass. There are multiple options to reactivate the station or redevelop the site. The seller is willing to remove the tanks with an acceptable offer. The property has a Fair Market Value of $706,900 and a size of 3859 square feet.

Key Highlights

  • 1.55 Acre Site: Large lot offers redevelopment potential or reactivation of the existing station.
  • Highly Visible Location: Prime location ensures high traffic and exposure.
  • 8‑Pump Gas Station: Existing infrastructure for immediate gas sales if reactivated.

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick HVAC Service Law Firm Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

349
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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Former C-Store & Gas Station on 1.55 Acre site.
Where is this gas station located?
The property is located at 2501 S Main St Rice Lake, WI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1.55 Acre Site: Large lot offers redevelopment potential or reactivation of the existing station.; Highly Visible Location: Prime location ensures high traffic and exposure.; 8‑Pump Gas Station: Existing infrastructure for immediate gas sales if reactivated.
More about this property
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