Restaurant Business with
For Sale
$135,000
400 S PELHAM ST, Rhinelander, WI 54501
CommercialSale, Rhinelander, WI
Property SizeContact for details
Days on Market132
Property Features for 400 S PELHAM ST
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
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
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
(715) 282-7130
Added: Jun 17
Changed: Oct 24
Last Checked: Oct 26 at 12:06PM
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.
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Investment Insights
Based on property information with market context.
This restaurant business is offered separately from the building and operates from a leased space of approximately 2,000 square feet. Equipment needed for restaurant operations is included. Service options span in-house dining, hot carryout, and take-and-bake pizza, alongside subs, soups, salads, paninis, starters, party snacks, and cheese curds.
The premises sit at a downtown intersection in Rhinelander. The building may also be purchased separately.
The premises sit at a downtown intersection in Rhinelander. The building may also be purchased separately.
Key Highlights
- Business sale is separate from the real estate
- Approximately 2,000‑square‑foot leased restaurant space
- Restaurant equipment included with the business
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Apparel 30%
Shops & Services 29%
Home Improvements & Furnishings 8%
T.J. Maxx
Apparel
22,746 visits/mo
0.1 miles
McDonald's
Dining
19,139 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
7,151 visits/mo
0.3 miles
Burger King
Dining
6,467 visits/mo
0.3 miles
Trig's Ace Hardware
Home Improvements & Furnishings
4,961 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The operating food business combines dine-in and carryout service with an included equipment package.
Where is this conventional restaurant located?
The property is located at 400 S PELHAM ST 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 sale is separate from the real estate; Approximately 2,000‑square‑foot leased restaurant space; Restaurant equipment included with the business
