Mixed-Use Property with Retail
For Sale
$549,900
400-416 S PELHAM ST, Rhinelander, WI 54501
CommercialSale, Rhinelander, WI
Property Size11,982 SF
Lot Size0.70 Acres
Price / SF$45.89
Days on Market524
Property Features for 400-416 S PELHAM ST
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
11
Bathrooms
9
Full bathrooms
6
Half bathrooms
3
Rooms
Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 9, Bedroom 7, Bedroom 3, Bathroom 6, Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 8, Bedroom 9, Bedroom 10, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 5, Bedroom 5, Bedroom 1, Bathroom 7
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
Site & Location
Corner Location
Yes
Mixed-Use Components
residential, retail, office
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
Amenities
private off-street paved parking
full basement
Building Details
Flooring type
Mixed, Vinyl, Carpet
Building materials
Frame
Roof type
Shingle, Composition, Rubber
Buildings
2
Listing Agency:
NORWISREALTY.COM LLC
Listed By:
SCOTT FREIMUTH · License #49270 - 90
(715) 282-7130
Added: May 19, 2025
Changed: Oct 23
Last Checked: Oct 24 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This two-building mixed-use property includes residential apartments and commercial space. In the first building, the upper level contains 3,330 square feet with four two-bedroom, one-bath apartments and an efficiency apartment; many units have been remodeled. The main level adds an 852-square-foot, two-bedroom, one-bath apartment and approximately 5,800 square feet of retail and office space. The second building has approximately 2,000 square feet arranged as three retail or office spaces, plus a full basement for storage.
At 400-416 S Pelham St in downtown Rhinelander, the property occupies a corner lot of 0.7 acres. Private paved parking is available off street. The offering is for the real estate only; businesses are not included.
At 400-416 S Pelham St in downtown Rhinelander, the property occupies a corner lot of 0.7 acres. Private paved parking is available off street. The offering is for the real estate only; businesses are not included.
Key Highlights
- Two buildings on a 0.7‑acre corner lot in downtown Rhinelander
- First building includes 3,330 square feet of upper‑level residential space
- Upper level has four 2‑bedroom, 1‑bath apartments and one efficiency apartment
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
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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 - Two buildings combine apartments with retail and office areas in downtown Rhinelander.
Where is this mixed-use property located?
The property is located at 400-416 S PELHAM ST 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 buildings on a 0.7‑acre corner lot in downtown Rhinelander; First building includes 3,330 square feet of upper‑level residential space; Upper level has four 2‑bedroom, 1‑bath apartments and one efficiency apartment
