Rice Lake Homes with Apartments and Retail Style

Welcome to Rice Lake, Wisconsin, a charming city nestled in the heart of Barron County. Known for its stunning natural beauty and vibrant community spirit, Rice Lake offers a perfect blend of small-town charm and modern conveniences. With its picturesque lakes, lush parks, and friendly neighborhoods, it’s no wonder that this city is a sought-after destination for families, retirees, and anyone looking to embrace a tranquil lifestyle.

One of the standout features of Rice Lake is its unique housing market, particularly homes that combine residential living with retail opportunities. Imagine owning a beautiful home that not only provides you with a cozy sanctuary but also includes the potential for rental income or a space for your own business. These homes with apartments and retail-style layouts are perfect for entrepreneurs or those looking to invest in their future. They offer the flexibility of living and working in the same space, fostering a convenient and dynamic lifestyle.

As you stroll through Rice Lake, you’ll be captivated by the local shops, restaurants, and community events that bring residents together. The city boasts a rich history, showcased in its charming downtown area filled with boutique stores and eateries, making it a delightful hub for both locals and visitors alike.

Whether you’re looking to settle down or invest in a thriving community, Rice Lake offers an array of options that cater to diverse lifestyles. Discover the perfect blend of home and business in this welcoming city, where every day feels like a retreat into nature and community. Come explore Rice Lake, where your dream home awaits!

Newest Rice Lake Homes with Apartments and Retail Style

$339,900

2 Beds ⋅ 1 Baths ⋅ 7067972 MLS

Discover "The Wagon Wheel," a beloved bar and restaurant located on the Main Street of Brill, a quaint town just a short drive outside of Rice Lake. Situated off the ATV, snowmobile, and the infamous Tuscobia Trail, The WagonWheel is ideally positioned to attract outdoor enthusiasts and locals alike. Your Northwoods adventure isn't complete without a visit to this friendly watering hole. The property features a 2-bedroom rental apartment on the second story, providing extra income potential or a convenient residence for employees. Across the street, two additional parcels offer endless possibilities for your future business vision—whether it's additional parking,rehabbing the mill building, or creating a new attraction. Create your very own "place to be" that Wisconsin Northwoods locals and visitors rave about! Whether you're an investor or an aspiring business owner, The Wagon Wheel could be your next journey.

2756 23 1/2 Street, Rice Lake

Listing courtesy of Keller Williams Realty Diversified.

$379,900

3 Beds ⋅ 4 Baths ⋅ 6822945 MLS

Excellent mixed-use investment opportunity in the heart of downtown Rice Lake with prominent corner-lot visibility along the recently revitalized Main Street corridor. The main level offers a well-maintained salon/studio space with great natural light, customer flow, and street presence. The lower level, accessible by both interior stairs and separate exterior walkout, provides additional flexible square footage with multiple service rooms/offices, lobby/reception area, and two bathrooms—ideal for various business uses and operations! The upper level features a 3-bed, 1-bath apartment with a functional layout and views overlooking downtown, offering strong rental value or live-work potential. Tenants occupy on month-to-month leases: main + lower level at $1,400/month (tenant pays utilities), upper apartment at $1,200/month (tenant pays utilities). Central A/C and forced air on main level; upper unit baseboard heat. Property is tenant-occupied—scheduled showings only. Please do not disrupt business operations.

1 S Main Street, Rice Lake

Listing courtesy of Keller Williams Realty Diversified.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.