Search
Two-Building Mixed-Use Property
New
For Sale
$549,900

400-416 S PELHAM ST, Rhinelander, WI 54501

CommercialSale, Rhinelander, WI

Property SizeContact for details
Lot Size0.70 Acres
Days on Market1

Property Features for 400-416 S PELHAM ST

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 11
Bathrooms 8
Full bathrooms 5
Half bathrooms 3
Rooms Bedroom 8, Bathroom 7, Bedroom 9, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 8, Bedroom 11, Bedroom 5, Bathroom 6, Bedroom 10, Bathroom 4, Bathroom 1, Bedroom 7, Bathroom 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

Site & Location

Corner Location Yes
Mixed-Use Components retail, office, residential

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 Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Flooring type Carpet, Vinyl, Mixed
Building materials Frame, VinylSiding
Roof type Rubber, Shingle, Composition
Buildings 2
Listing Agency: NORWISREALTY.COM LLC
Listed By: SCOTT FREIMUTH · License #49270 - 90
Added: Nov 1 Last Checked: Nov 1 at 9:06PM
MLS# 220265

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 0.7-acre mixed-use property comprises two buildings with residential and commercial space. The first building includes 3,330 square feet of upper-level apartments: four two-bedroom, one-bath units and one efficiency apartment. Some apartments have been remodeled. Its main floor adds an 852-square-foot, two-bedroom, one-bath apartment and approximately 5,800 square feet of retail and office space. The second building contains 2,000 square feet divided among three retail or office suites, plus a full basement for storage.

The buildings occupy a downtown corner in Rhinelander and include private paved parking. The property also has an accessible approach with a ramp. The sale is for real estate only; businesses are not included.

Key Highlights

  • Two‑building mixed‑use property on 0.7 acres
  • First building includes 3,330 square feet of upper‑level apartments
  • Upper level has four 2‑bedroom, 1‑bath apartments and one efficiency apartment

Property Analytics

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

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Garden Center Electrical Service Pharmacy Computer & Electronic Repair Barber Shop

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

822
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential apartments and commercial suites are arranged across two buildings with paved off-street parking.
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‑building mixed‑use property on 0.7 acres; First building includes 3,330 square feet of upper‑level apartments; Upper level has four 2‑bedroom, 1‑bath apartments and one efficiency apartment
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved