1 S Main Street, Rice Lake, WI 54868
- $379,900
- 3
- BD
- 4
- BA
- List Price
- $379,900
Property Description
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.
/u.realgeeks.media/midwestrealtymn/Shane_Maki.png)
Mortgage Calculator
Listing courtesy of Keller Williams Realty Diversified.
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.