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38 East Messenger St, Rice Lake, WI 54868 38 E Messenger St 132,682 SF 100% Leased Industrial Building Rice Lake, WI 54868 For Sale

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INVESTMENT HIGHLIGHTS

Four contiguous parcels along Main Street in downtown Rice Lake
WAM Grant funding available to support demolition of existing structures
City of Rice Lake fully engaged and supportive, offering flexible zoning assistance and multiple funding opportunities

Clean Phase I Environmental Site Assessment completed
The Wisconsin SAG grant is available to cover any clean up costs should they arise

EXECUTIVE SUMMARY

Transformational Development Site
38 Messenger Street presents a rare opportunity to re-imagine 11 acres of prime lakefront real estate in the heart of Rice Lake’s historic downtown. Once an industrial hub, this remarkable site is now poised for transformation — offering a blank canvas for visionary developers ready to shape the next chapter of Rice Lake’s waterfront.
The City of Rice Lake, Barron County, and the State of Wisconsin are all fully behind this redevelopment effort, with strong municipal support, secured demolition funding, and substantial grants and aid available - including WAM and SAG grants, as well as TIF incentives to help bring your vision to life.

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PROPERTY FACTS

Sale Type	Investment or Owner User	Rentable Building Area	132,682 SF
Property Type	Industrial	No. Stories	1
Property Subtype	Warehouse	Year Built/Renovated	1975/2018
Building Class	C	Clear Ceiling Height	12’
Lot Size	11.34 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	11.34 AC
Rentable Building Area	132,682 SF
No. Stories	1
Year Built/Renovated	1975/2018
Clear Ceiling Height	12’
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.