Two-Building Mixed-Use
For Sale
$549,900
400-416 PELHAM ST S, Rhinelander, WI 54501
CommercialSale, Rhinelander, WI
Property SizeContact for details
Lot Size0.70 Acres
Days on Market484
Property Features for 400-416 PELHAM ST S
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
11
Bathrooms
9
Full bathrooms
6
Half bathrooms
3
Rooms
Bedroom 10, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 6, Bedroom 9, Bedroom 4, Bedroom 11, Bathroom 9, Bedroom 3, Bedroom 1, Bedroom 8, Bathroom 2, Bathroom 6, Bedroom 5, Bathroom 7, Bathroom 8, Bedroom 7, Bedroom 2, Bathroom 5
Parking features
Special Needs
Exterior features
HandicapAccessible
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
400-416 South Pelham St Rhinelander WI. Located at the intersection of S. Pelham Street and Cortney Street.
Standard status
Active
APN
RH-294 & RH-296
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lengthy see file
Tax Annual Amount
10370
Legal Description
Lengthy see file
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Mixed, Carpet, Vinyl
Building materials
Frame
Roof type
Shingle, Rubber, Composition
Listing Agency:
NORWISREALTY.COM LLC
(715) 282-7130
Listed By:
SCOTT FREIMUTH · License #49270 - 90
(715) 490-0999
Added: May 19, 2025
Changed: Sep 12
Last Checked: Sep 14 at 4:06AM
MLS# 212087
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.
Investment Insights
Based on property information with market context.
This mixed-use property includes two frame buildings on a 0.7-acre site. The first building contains approximately 3,330 square feet of upper-level residential space with four 2-bedroom, 1-bath apartments and one efficiency apartment. Several units have been recently remodeled. Its main level adds an 852-square-foot, 2-bedroom, 1-bath apartment alongside approximately 5,800 square feet of retail and office area. The layout can be reconfigured, subject to applicable requirements.
The second building provides approximately 2,000 square feet arranged as three retail or office spaces, plus a full basement. The property occupies a visible downtown corner lot and includes private off-street paved parking. Public water and public sewer serve the site, while central air and natural-gas forced-air heating support the buildings. The sale includes real estate only; no businesses are included.
The second building provides approximately 2,000 square feet arranged as three retail or office spaces, plus a full basement. The property occupies a visible downtown corner lot and includes private off-street paved parking. Public water and public sewer serve the site, while central air and natural-gas forced-air heating support the buildings. The sale includes real estate only; no businesses are included.
Key Highlights
- Two mixed‑use buildings on a 0.7‑acre site
- Upper level includes four 2‑bedroom, 1‑bath apartments and one efficiency apartment
- Approximately 3,330 square feet of upper‑level residential space
Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
822
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot asset combines apartments with retail and office areas in a downtown setting.
Where is this mixed-use property located?
The property is located at 400-416 PELHAM ST S Rhinelander, WI.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two mixed‑use buildings on a 0.7‑acre site; Upper level includes four 2‑bedroom, 1‑bath apartments and one efficiency apartment; Approximately 3,330 square feet of upper‑level residential space
