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    Rice Lake, WI
    Retail

    Rice Lake, WI Retail Space for Sale

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    Cameron, WI Barron, WI Birchwood, WI Cumberland, WI Sarona, WI Chetek, WI Barronett, WI Almena, WI
    Corner-Lot Mixed-Use Downtown Property
    Updated: Dec 5, 2025
    Corner-Lot Mixed-Use Downtown Property

    1 S Main Street, Rice Lake, WI 54868

    $379,900
    4,009 sqft 0.06 AC lot
    Mixed‑use property in downtown Rice Lake with high visibility on a corner lot along Main Street.
    Strong rental income potential: $1,400/month (main + lower level) + $1,200/month (upper apartment), tenants pay utilities.
    Upper level: 3‑bed, 1‑bath apartment with downtown views, suitable for rental or live‑work.
    Main level: Well‑maintained salon/studio space with natural light and street presence.
    Lower level: Flexible space with service rooms/offices, lobby/reception, and two bathrooms, accessible via interior stairs and exterior walkout.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1 S Main Street, Rice Lake, WI 54868

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $238K
      Suggested

    • Last Sold

      Jun 2021
      $93K
    View Property Analytics
    Versatile Commercial Property Near Rice Lake
    Updated: Apr 30
    Versatile Commercial Property Near Rice Lake

    2248 20 1/4 Street, Rice Lake, WI 54868

    $349,000
    2,768 sqft 0.64 AC lot
    Prime commercial location on highly traveled Hwy 48 near Rice Lake with excellent visibility and strong daily traffic.
    Two versatile buildings: Building A (~2,700 sq ft, former restaurant adaptable for retail/office/food service) and Building B (~2,300 sq ft, newer, open space for events/showroom/storage).
    Ample on‑site parking.
    Situated on approximately 0.64 acres.
    Updated mechanicals and infrastructure in place.
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    Rice Lake Commercial Property
    Rice Lake Commercial Property

    430 N MAIN Street, Rice Lake, WI 54868

    $307,000
    2,400 sqft

    Commercial property with flexible space and convenient access in Rice Lake.

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    Retail Building with Attached Warehouse
    Retail Building with Attached Warehouse

    230 S MAIN Street, Rice Lake, WI 54868

    $550,000
    4,406 sqft 0.63 AC lot

    Retail building with an attached warehouse/storage area and off-street parking on two lots totaling over half an acre.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Rice Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Property in New Auburn
    Versatile Commercial Property in New Auburn

    359 W Elm St, New Auburn, WI 54757

    $465,000
    4,334 sqft

    Flexible commercial property suited for retail, office, or residential use.

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    Live-Work Commercial Property
    Live-Work Commercial Property

    359 W Elm Street, New Auburn, WI 54757

    $399,000
    4,334 sqft 0.80 AC lot

    Flexible commercial space with private living quarters, heated garage, and climate control for business and personal use.

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    Ladysmith Commercial Building For Sale
    Ladysmith Commercial Building For Sale

    215 Lake Ave E, Ladysmith, WI 54848

    $365,000
    3,907 sqft

    High-visibility commercial building with three fully leased units.

    View details
    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    105 Miner Ave E, Ladysmith, WI 54848

    Contact for pricing
    10,000 sqft

    Approx. 10,000-square-foot retail building with four tenants and two available spaces, featuring a newer roof and maintained rooftop HVAC units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Rice Lake, WI Retail Space Market Trends and Statistics

    Explore 4 retail space for sale in Rice Lake, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,583 square feet of properties for sale, with an estimated market value of $1,585,900.

    Sale prices for retail space in Rice Lake, WI start at $307,000, averaging $396,475, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 2
    Showrooms 2
    Auto shops 1
    Gas stations 1
    Storefront properties 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +4.4%
    Median Household Income $64,567
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Rice Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54868 $283.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Barron County

    New Delisted

    Total CRE Inventory on Market (SF)

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