Renovated Downtown Rhinelander Investment
For Sale
$456,000
51 Brown St, Rhinelander, WI 54501
Renovated commercial property with government and corporate tenants.
Property Size11,391 SF
Price / SF$40.03
Days on Market1006
Property Features for 51 Brown St
General Information
Standard status
Active
Size
11,391 SF
Property subtype
General Commercial
Amenities
3
Building Details
Year Built
1960
Listing Agency:
NAI PFEFFERLE
(715) 261-2922
Listed By:
ANTHONY MORICE · License #8991794
(715) 218-2900
Source:
Xome
Added: Nov 20, 2023
Changed: Aug 12
Last Checked: Aug 21 at 4:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI PFEFFERLE
Investment Insights
Based on property information with market context.
This renovated property is located in the main downtown area of Rhinelander. It features upgraded interior spaces for each tenant and has a long lease history of renewals. The property is currently occupied by government and corporate tenants with leases of 1-2 years. The property provides an 8.77% CAP.
Key Highlights
- High 8.77% CAP rate.
- Renovated property in the main downtown area.
- Government and corporate leases in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
82k
Monthly Visits Nearby
Balanced
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
0.3 miles
McDonald's
Dining
19,139 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
7,151 visits/mo
0.4 miles
Burger King
Dining
6,467 visits/mo
0.4 miles
Trig's Ace Hardware
Home Improvements & Furnishings
4,961 visits/mo
0.3 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Forth Floral — 410 N Brown St, Rhinelander, WI 54501
- Trig's Floral & Home — 236 S Courtney St Suite 9, Rhinelander, WI 54501
- Festive Frog — 41 W Davenport St, Rhinelander, WI 54501
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated commercial property with government and corporate tenants.
Where is this storefront property located?
The property is located at 51 Brown St Rhinelander, WI.
What is the asking price?
The asking price for this property is $456,000.
What are key features of this property?
This property features: High 8.77% CAP rate.; Renovated property in the main downtown area.; Government and corporate leases in place.
