Listing Courtesy of First Weber - Rhinelander
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Active Status Office,Restaurant/Bar,Retail,Service,Investment
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This 11,696 square foot dual tenant building features separate office/service-oriented leaseholds generating $117,960.00 in gross rents for 2019. At the current list price less expenses (ask agent for breakdown in documents), the property capitalizes at a rate of 11.84%. Constructed in the early 1960's, the building has been maintained and updated over the years and features concrete block walls, 400 amp electric service (200 amps per side), and both front and rear parking and access. A new rubber roof was installed August, 2017 at a cost of $42,500 including new drains & insulation. Located in Rhinelander's recently updated central business district, the property provides a sound investment for years to come.

Address: 51 BROWN ST N
State: WI
City: Rhinelander
County: Oneida
Zip Code: 54501
MLS#: 177794
MLS Area: ON Rhinelander City
Taxes: $12,877

Price History

Date Price Event Change MLS#:
5/9/2019 $599,500 List Price 177794

Nearby Schools

Zion Lutheran School(Preschool-8)
Nativity Of Our Lord School(Preschool-8)
Central Elementary School(4-5)
Rhinelander Christian School(K-8)
Crescent Elementary School(Preschool-3)
Pelican Elementary School(Preschool-3)
Zion Lutheran School(Preschool-8)
Nativity Of Our Lord School(Preschool-8)
Northwoods Community Secondary School(6-12)5
Rhinelander Christian School(K-8)
James Williams Middle School(6-8)
Northwoods Community Secondary School(6-12)5
Rhinelander High School(9-12)3

Interior Details

  • Appliances:
  • Features:
  • Furnished:
  • Floor Type:Mixed
  • Cooling:
  • Heating:
  • Fuel:Natural Gas
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:Public Lot
  • Pool:No
  • Utilities:Cable TV,Circuit Breakers,Phone,Internet Ready
  • Lot Description:
  • Sewer:City Sewer
  • Road:City Street

Community Details

Rental Information

  • Rental Income:$0
  • Rental Number:0
Property Information Last Updated: 5/30/2020 10:59:12 PM
Listing Courtesy of First Weber - Rhinelander

This information is provided on behalf of the members of the Greater Northwoods Multiple Listing Service and is believed to reliable but should not relied upon without verification. The Greater Northwoods MLS and RE/MAX Property Pros assumes no responsibility for its accuracy. Not intend to solicit already listed properties. Lake information was provided by Wisconsin Dept. of Natural Resources. State of Michigan Lake information has been provide courtesy of the Michigan DNR, Institute for Fisheries Research, Ann Arbor, Michigan.