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Turnkey Restaurant Business
For Sale
$135,000

400 PELHAM ST S, Rhinelander, WI 54501

COMMERCIAL - Rhinelander, WI

Property SizeContact for details
Days on Market50

Property Features for 400 PELHAM ST S

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Located at the corner of Courtney St & S Pelham St.
Standard status Active
APN 27601-0296-0000

Taxes and HOA fees

Tax Description Business Only
Legal Description Business Only

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Floors in Building 1
Flooring type Vinyl
Listing Agency: NORWISREALTY.COM LLC
Listed By: SCOTT FREIMUTH · License #49270 - 90
Added: Jun 17 Changed: Aug 4 Last Checked: Aug 5 at 10:06AM
MLS# 217967

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.

Business-only opportunity for Kids Korner in downtown Rhinelander. This turnkey restaurant business is described as a fully operational offering, including the equipment necessary to continue operations with minimal interruption. The leased location is approximately 2,000 square feet and positioned for strong visibility at a prominent downtown intersection, supporting immediate customer access for a new owner.

The concept centers on take-and-bake pizzas, hot carryout, dine-in service, and fresh sub sandwiches, along with starters, soups, salads, paninis, party snacks, and fresh squeaky cheese curds. Interior details referenced include vinyl flooring.

The space is heated with natural gas forced air. Utilities are listed as public water and public sewer, providing a straightforward setup for continued restaurant operations at 400 Pelham St S, Rhinelander, WI 54501.

The building housing the business is also available for purchase separately.

Key Highlights

  • Business‑only turnkey restaurant opportunity
  • Approximately 2,000‑square‑foot leased location at a prominent downtown intersection
  • Includes equipment necessary to continue operations with minimal interruption

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Restaurant Pharmacy Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 77% Shops & Services 11% Apparel 7% Home Improvements & Furnishings 5%
McDonald's Dining
19,139 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
2,826 visits/mo 0.4 miles
Tilly's Apparel
1,843 visits/mo 0.4 miles
Carpetiers Carpet One Floor and Home Home Improvements & Furnishings
1,172 visits/mo 0.4 miles
SUBWAY Dining
764 visits/mo 0.4 miles

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

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?
Conventional restaurant - Turnkey restaurant business operating from a leased downtown space with public utilities and natural gas forced-air heating.
Where is this conventional restaurant located?
The property is located at 400 PELHAM ST S Rhinelander, WI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Business‑only turnkey restaurant opportunity; Approximately 2,000‑square‑foot leased location at a prominent downtown intersection; Includes equipment necessary to continue operations with minimal interruption
More about this property
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