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Investment Property-FULLY LEASED 51 N Brown St 11,391 SF 100% Leased Retail Building Rhinelander, WI 54501 $485,000 ($42.58/SF)

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INVESTMENT HIGHLIGHTS

  • Fully Leased
  • Long lease history of renewals
  • Government leases 1-2 years, Corporate leases 1-2 years

EXECUTIVE SUMMARY

FULLY LEASED Investment Property

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,391 SF
Building Class
B
Year Built
1960
Price
$485,000
Price Per SF
$42.58
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.87
Lot Size
0.30 AC
Zoning
Commercial
Parking
53 Spaces (4.65 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Air Conditioning

NEARBY MAJOR RETAILERS

Caribou Coffee
BMO
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27601-0155-0000
Land Assessment
$46,900
Improvements Assessment
$544,000
Total Assessment
$590,900
  • Listing ID: 30287310

  • Date on Market: 12/5/2023

  • Last Updated:

  • Address: 51 N Brown St, Rhinelander, WI 54501

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