You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

2756 23 1/2 St Rice Lake, WI 54868

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving bar and restaurant, "The Wagon Wheel," ideally situated on Main Street in Brill, Wisconsin, a short drive from Rice Lake. The property includes a two-bedroom apartment currently generating $500 per month in rental income (utilities included), plus a garage renting for $900 annually (tenant vacating December). Furniture, fixtures, and equipment (FFE) are included in the sale. Two additional adjacent parcels provide significant expansion potential. The property's location on ATV and snowmobile trails attracts outdoor enthusiasts. Financial details are available under a Non-Disclosure Agreement (NDA). The asking price is $350,000. The adjacent mill building is in unknown/poor condition and requires caution; it has no lighting. The seller is not liable for the condition of the mill building. Goods inventory is sold separately. Buyer and prospective purchasers are responsible for verifying all measurements and data. The property consists of three parcels: 032-4044-14-000, 032-1300-13-000, and 032-1300-15-000. Directions from Rice Lake: From the North side of Rice Lake: Travel East on WI-48. Turn left onto 22nd St. Turn Right onto 26th Ave. Left onto 23 1/2 St. From Hwy 53 N: Right onto 26th Ave. Left on 23 1/2 St. Signs are on the property.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2756 23 1/2 St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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