E-mail Property
Fill out the form below, and we will e-mail a link and the details for this property to you and your friend. We do not store or share your e-mail address; it is used only in sending the message.
Alert Me
Homes are selling fast! Don't miss out on new listings.
431 S Main Street Rice Lake, WI
$499,000 | MLS #1604656
VIEW ALL IMAGES +
Property Description:
Prime commercial investment opportunity positioned right on a prominent main street corner in Rice Lake. Offering exceptional visibility and high-exposure frontage from multiple directions, this versatile property features seven distinct income streams with four fully leased commercial spaces, suitable for storefronts or offices, and three fully rented residential apartments, each offering two bedrooms and one bathroom. The property also includes a detached two-car garage, ideal for vehicle parking or extra tenant storage space. With immediate cash flow and a strong, diversified revenue model combining steady residential leases with established commercial storefronts and offices, this high-traffic corner location presents endless options and outstanding potential for any investor looking to expand their portfolio right in the heart of town.
Directions:
Head North on S Main Street in Rice Lake, on the corner of Allen and S Main Street, you will see the property on the right hand side.
LISTING OFFICE:
Real Estate Solutions
Property Details
County
Barron
School District
Rice Lake Area
Above Grade
2,508 sq. ft.
Below Grade
1,000 sq. ft.
Style
Commercial
Property Type
CommercialSale
Lot Size
0 x 0 x
Acreage
0.2 acres
Property Taxes
$5,662.04
Tax Year
2025
Features
Basement
Full
Cooling
CentralAir, Ductless, WindowUnits
Exterior
VinylSiding
Heating
ForcedAir
Interior Features
Other, SeeRemarks
Sewer
PublicSewer
Water
Public
Zoning
Commercial
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the NW WI MLS. Real estate listings held by brokerage firms other than Donnellan Real Estate are marked with the NW WI MLS icon. The information, provided by seller, listing broker and other parties, may not have been verified.
DISCLAIMER:
This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This data is updated every business day. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
This data is current as of: Tuesday, September 15th, 2026
Copyright © 2026 Northwestern Wisconsin MLS Corporation. All rights reserved.
Get directions to this property.
Enter your location to get directions,
or click go to the map to see this location.
Thank You!
We will contact you as soon as possible. If you need immediate assistance please call the office at 715-836-8080.
To contact a specific Realtor, visit OUR TEAM page for their contact information.
We look forward to working with you!
Alert Me
Homes are selling fast! Don't miss out on new listings.
To receive notifications of homes meeting your criteria, fill out the form below.
*Denotes A Required field