Holly Bowe - Coldwell Banker Brenizer Logo
$349,000
( $126.08Per Sq Foot )
 $1,874 est/mo Sourced by Back At You

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

Rice Lake, WI 54868

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Description

Prime commercial opportunity just north of Rice Lake along highly traveled Hwy 48, offering excellent visibility and strong daily traffic exposure at a busy intersection. Situated on approximately 0.64 acres, this property is ideally positioned for a wide range of business opportunities with easy access and high visibility. The property features two versatile buildings. Building A (~2,700 sq ft) was previously operated as a restaurant and offers a functional layout that can easily be adapted for retail, office, or food service use with large walk-in cooler. Building B (~2,300 sq ft) is a newer structure with open, flexible spaceperfect for events, showroom space, storage, or additional business operations. Additional highlights include ample on-site parking, updated mechanicals, and infrastructure already in place to support multiple business types. With its strategic location, flexible layout, and strong exposure, this property presents an excellent opportunity for owner-occupants or investors looking to establish, expand, or reposition a business in a growing area.

Details

MLS #1599730
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site120
Listing Provided ByReal Estate Solutions | Daniel Nelson

Features

SQ Feet2,768
ZoningCommercial
Acreage0.64

Taxes

Tax Annual Amount4227.18

Area Information

StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$349,000
low | high
Med:
$327,700
56.103151862464% of Average
sqft:
2,768
low | high
Med:
2,226
69.580924855491% of Average
$ / sqft:
$126
low | high
Med:
$147
33.240576979021% of Average
On site:
120
low | high
Med:
64
100% of Average
Sourced by Back At You

Market Activity 54868

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Learn More About This Property

Holly Bowe

Holly Bowe

Coldwell Banker Brenizer

Managing Broker, CRS, GRI, ABR (715) 577-4663holly@hollybowe.com
StateWI
CountyBarron
CityRice Lake
Zip Code54868
Listing VS Median (in 54868)
Price:
$349,000
low | high
Med:
$327,700
56.103151862464% of Average
sqft:
2,768
low | high
Med:
2,226
69.580924855491% of Average
$ / sqft:
$126
low | high
Med:
$147
33.240576979021% of Average
On site:
120
low | high
Med:
64
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $261K - $436K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
2030 22 3/8 Avenue Property Photo 1
$397,200
2030 22 3/8 Avenue
Rice Lake, WI 54868
2233 20 1/2 20 1/4 Street Property Photo 1
$499,000
2233 20 1/2 20 1/4 Street
Rice Lake, WI 54868
Listing Updated: July 10, 2026 at 1:57:19 PM PDT

Holly Bowe - Coldwell Banker Brenizer