535 LINCOLN STREET Active Save Request In-Person Tour Request Virtual Tour
Rhinelander,WI 54501
Key Details
Property Type Commercial
Sub Type Retail,Office(s)
Listing Status Active
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $58
MLS Listing ID 22403398
Year Built 1956
Annual Tax Amount $8,816
Tax Year 2023
Property Description
This retail building has two units, one with 5000 square feet that is currently leased by Auto Value. The other side unit consists of 3500 square feet and was leased by a health equipment provider and is currently available for a tenant. There are over 14000 vehicles passing this site every day on average. Lots of recent updates including newer front entrance door, newer display windows, suspended ceiling with LED lighting, central air in Auto Value side, newer manager office space in the retail side, and all newer LED lighting throughout the Auto Value side. Potential rents of over $5,000.00 monthly.Tenants are triple net lease. Priced below estimated fair market value! Your chance to invest now and receive a monthly passive income a few years down the road. The seller is also selling the Antigo Store, so buy both for a real deal.
Location
State WI
County Oneida
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Waterfront N
Building
Sewer Municipal Water,Municipal Sewer
New Construction N