Mixed-Use Property with
For Sale
$449,900
400-406 S PELHAM ST, Rhinelander, WI 54501
CommercialSale, Rhinelander, WI
Property SizeContact for details
Lot Size0.53 Acres
Days on Market376
Property Features for 400-406 S PELHAM ST
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
13
Bathrooms
9
Full bathrooms
7
Half bathrooms
2
Rooms
Bedroom 1, Bedroom 11, Bedroom 13, Bathroom 1, Bedroom 10, Bathroom 7, Bedroom 4, Bedroom 6, Bathroom 6, Bathroom 4, Bathroom 5, Bedroom 12, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 2, Bathroom 8, Bedroom 3, Bathroom 3, Bathroom 9, Bathroom 2, Bedroom 9
Parking features
Special Needs, Driveway
Exterior features
HandicapAccessible
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
400-406 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.
Standard status
Active
Lot size
0.53 Acres
Site & Location
Corner Location
Yes
Mixed-Use Components
retail, office, residential
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
1ST ADDN; LTS 4&5 BLK 11 PT C/NW ROW & PCL 2 CSM V5 P1253 EXC DOC 753498 INCL OL 1 & NE66' OL 2 CSM V19-4288 ALL DESC DOC 786194 INC 402-06 S PELHAM ST
Tax Annual Amount
7271
Legal Description
1ST ADDN; LTS 4&5 BLK 11 PT C/NW ROW & PCL 2 CSM V5 P1253 EXC DOC 753498 INCL OL 1 & NE66' OL 2 CSM V19-4288 ALL DESC DOC 786194 INC 402-06 S PELHAM ST
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Number of units
9
Flooring type
Mixed
Building materials
Frame
Roof type
Rubber
Buildings
1
Listing Agency:
NORWISREALTY.COM LLC
Listed By:
SCOTT FREIMUTH · License #49270 - 90
(715) 282-7130
Added: Oct 14, 2025
Changed: Oct 23
Last Checked: Oct 24 at 12:06AM
MLS# 214715
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 mixed-use building combines street-level commercial and residential space with apartments above. The main floor contains approximately 5,800 square feet of retail and office space, plus an 852-square-foot residence with two bedrooms and one bathroom. The upper floor has four two-bedroom, one-bath apartments and an efficiency apartment, totaling approximately 3,300 square feet of residential space. All units are leased. The sale is for the real estate only; businesses are not included.
The property occupies a corner site in downtown Rhinelander. Private off-street paved parking, public water, and public sewer serve the building.
The property occupies a corner site in downtown Rhinelander. Private off-street paved parking, public water, and public sewer serve the building.
Key Highlights
- Approximately 5,800 square feet of ground‑floor retail and office space
- Ground‑floor residence measures 852 square feet and has 2 bedrooms and 1 bathroom
- Four upper‑level 2‑bedroom, 1‑bath apartments plus one efficiency apartment
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Leased retail, office, and residential areas are served by private paved parking and public water and sewer.
Where is this mixed-use property located?
The property is located at 400-406 S PELHAM ST Rhinelander, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Approximately 5,800 square feet of ground‑floor retail and office space; Ground‑floor residence measures 852 square feet and has 2 bedrooms and 1 bathroom; Four upper‑level 2‑bedroom, 1‑bath apartments plus one efficiency apartment
