Renovated Downtown Rhinelander Investment
For Sale
$456,000
51 N BROWN STREET, Rhinelander, WI 54501
Renovated commercial property with government and corporate tenants.
Property Size11,391 SF
Price / SF$40.03
Days on Market981
Property Features for 51 N BROWN STREET
General Information
Standard status
Active
Size
11,391 SF
Property subtype
General Commercial
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 29, 2023
Changed: Jul 10
Last Checked: Aug 5 at 5:02AM
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
727
Businesses Nearby
61k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 40%
Dining 34%
Shops & Services 16%
Home Improvements & Furnishings 10%
T.J. Maxx
Apparel
22,746 visits/mo
0.4 miles
McDonald's
Dining
19,139 visits/mo
0.3 miles
Trig's Ace Hardware
Home Improvements & Furnishings
4,961 visits/mo
0.5 miles
Shell
Shops & Services
4,641 visits/mo
0.4 miles
BMO Harris Bank
Shops & Services
2,826 visits/mo
0.2 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
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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 N BROWN STREET 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.
