Listing provided courtesy of NORWISREALTY.COM LLC- MLS# 214715
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Request Info400-406 PELHAM ST SRhinelander, WI 54501
Commercial · 13 Beds · 7 Full Baths · 2 Half Baths · 9,982 Sq. ft.$449,900
Active
400-406 PELHAM ST S Overview
- Time on Site:
- 256 days
- Visits:
- 201
MOTIVATED SELLER – BRING ALL OFFERS! Exceptional investment opportunity in the heart of downtown Rhinelander. This mixed-use commercial and residential property offers immediate income potential with all units currently leased, providing instant cash flow for investors. The main level features approximately 5,800 square feet of retail and office space, along with an additional 852-square-foot residential unit offering 2 bedrooms and 1 bathroom. The upper level includes four 2-bedroom, 1-bath apartments plus one efficiency apartment, totaling approximately 3,300 square feet of residential living space. Strategically situated on a highly visible corner lot in downtown Rhinelander, this property benefits from excellent exposure, strong traffic counts, private off-street paved parking, and city water and sewer services. Whether you are looking to expand your investment portfolio or secure a well-established income-producing property, this building presents outstanding potential in a prime location. Real Estate Only – Businesses Not Included. All showings are by appointment only. The well-known Kids Korner Pizza business is also available for purchase separately. See MLS #217967 for additional details.
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400-406 PELHAM ST S Facts & Features
- Type Commercial
- Sq. ft. 9,982
- Price/Sq.ft. $45
Details
General
Business Information
- Business Type: Bar/Tavern/Lounge, Restaurant
Location/Region
- County Or Parish: Oneida
- Postal City: Rhinelander
- Township: ON Rhinelander (City)
Community/Development
- Community Features: Display Window, Sidewalks
Tax Information
- Tax Annual Amount: $7,271.00
- Tax Year: 2025
General Information
- Inclusions: Real Estate Only
- Property Sub Type: Business
- Property Type: Commercial Sale
Interior
Beds/Baths
- Bathrooms Full: 7
- Bathrooms Half: 2
- Bathrooms Total: 9
- Bedrooms Total: 13
Building Interior
- Building Area Total: 9982.0
General Information
- Accessibility Features: Wheelchair Access
- Building Features: Handicap Access, Delivery Door
- Electric: Circuit Breakers
- Flooring: Mixed
- Stories Total: 2
- Window Features: Display Window(s)
Exterior
Parking Information
- Parking Features: Handicap, Paved, Private, Driveway
Lot Information
- Lot Features: Level
- Lot Size Square Feet: 22869.0
- Road Surface Type: Paved
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Rubber
General Information
- Exterior Features: Handicap Accessible
- Number Of Units Total: 9
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: High Speed Internet Connected, Phone Available
400-406 PELHAM ST S Neighborhood
Community
54501 (Rhinelander) Demographics
47
Median Age
52
Population Density (per sq. mile)
37%
College Educated
$58,201
Estimated Median Income
7,053
Estimated Total Home Owners
1,663
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.400-406 PELHAM ST S Monthly Cost
400-406 PELHAM ST S Market Data
Based on the last 30 days in this zip code
$376,477
Average List Price
$202
Average Price per Square Foot
30
Properties Sold
48
Average Days on Market
115
Properties for Sale
400-406 PELHAM ST S History
| Date | Value | Agent |
|---|---|---|
| 4/16/2026Source: Greater Northwoods MLS | $449,900 -2.2% |
|
| 10/16/2025Source: Greater Northwoods MLS | October 16, 2025 |