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About This Home

This 0-bedroom, 1-bathroom commercial at 416 PELHAM ST S in Rhinelander, WI is listed for $159,900. on a 0.17 acres lot.

Agent Description

MOTIVATED SELLER - BRING OFFERS! Outstanding investment opportunity in the heart of downtown Rhinelander. This well-maintained, approximately 2,000-square-foot office building features three separate office units, making it an excellent addition to any investment portfolio.

Ideally situated in a high-visibility location with strong traffic counts, the property offers both on-street and private off-street paved parking for tenants and customers. Unit leases provide immediate cash flow, with tenants responsible for their own utilities.

Additional features include maintenance-free vinyl siding, individual forced-air furnaces, a full basement offering ample storage space, and a shared common area complete with a restroom. The property's prime location provides convenient access to downtown amenities, enhancing its appeal to both current and future tenants.

Whether you are seeking a stable income-producing property or looking to expand your commercial real estate holdings, this office building presents an exceptional opportunity. Real Estate Only - No Business Included. Shown by appointment only.

Key Features

  • 0.17 acre lot

Property Details

1 story
1 half

Monthly Cost Estimate

$855/mo

20% down · 6.5% · 30 years

Principal$116
Interest$693
Insurance$47

Estimates only. Actual payments may vary.

Location

416 PELHAM ST S

Rhinelander, WI 54501

Features & Amenities

Exterior Features

HandicapAccessible

Property Details

Flooring

Mixed

Construction

Frame VinylSiding

Heating

Forced AirNatural Gas

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 416 PELHAM ST S is listed at $159,900. The estimated monthly payment is $693 based on 20% down at 6.5% interest.

Key features include: 0.17 acre lot. Exterior Features: HandicapAccessible.

This property is listed by SCOTT FREIMUTH and can be reached at 7152827130 or scott@norwisrealty.com.

SF

SCOTT FREIMUTH

Agent at NORWISREALTY.COM LLC

(715) 282-7130

Listed by NORWISREALTY.COM LLC

MLS# 214714· Source: listhub· Updated 253 days ago

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

416 PELHAM ST S, Rhinelander, WI 54501

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