156 STEVENS ST S, Rhinelander, WI 54501
156 STEVENS ST S, Rhinelander, WI 54501
156 STEVENS ST S, Rhinelander, WI 54501
156 STEVENS ST S, Rhinelander, WI 54501
156 STEVENS ST S, Rhinelander, WI 54501
156 STEVENS ST S, Rhinelander, WI 54501
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Jennai' E. Rusch

Jennai' E. Rusch

+1(715) 966-3285
$ 199,900
Est. payment | /mo

2,954 SqFt

Save
$ 199,900
Est. payment | /mo
Save

2,954 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,954 sqft

Price per Sqft $67

MLS Listing ID 218676

HOA Y/N No

Annual Tax Amount $4,323

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.06999541

Property Sub-Type Investment

Property Description

Position your investment portfolio for long-term success with this well-located commercial property in the heart of Rhinelander. Featuring an established tenant with a lease in place through **October 31, 2026**, and renewal discussions underway, this property offers immediate rental income while preserving future flexibility. The current monthly rent is **$1,963.65**, with rent including gas and electric. Investors can enjoy an existing income stream today, while owner-users have a unique opportunity to secure the property before a lease extension is finalized. If purchased promptly, a buyer may have the option to occupy the building for their own business or pursue an alternative use upon expiration of the current lease, depending on the outcome of lease negotiations and applicable zoning. Rhinelander serves as the commercial, medical, retail, and recreational hub of Wisconsin's Northwoods, attracting businesses, residents, and visitors from across the region. Its strong local economy, year-round activity, and convenient highway access continue to make it one of Northern Wisconsin's most desirable locations for commercial investment. Whether you're seeking a turnkey income-producing asset or a property with future owner-occupancy potential, this commercial offering provides the rare combination of current cash flow and long-term opportunity. Schedule your private showing today.

Location

State WI

County Oneida

Community Sidewalks

Direction From the Oneida County Courthouse, head east on W Davenport St, then turn right onto S Stevens St (US-8 Business). Continue south a short distance to 156 S Stevens St, Rhinelander, WI 54501, located in downtown Rhinelander.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Mixed

Fireplace No

Exterior

Parking Features On Street

Community Features Sidewalks

Water Access Desc Public

Roof Type Rubber

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Others

Tax ID 27601-0234-0000

Ownership None

Listed by LAKELAND REALTY

Schools and Properties Nearby

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Jennai' E. Rusch

+1(715) 966-3285

realtor@jennairusch.com

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156 STEVENS ST S