156 Stevens St S, Rhinelander, WI

Name: 156 Stevens St S, For Sale in Rhinelander - Zoocasa
Brand: LAKELAND REALTY
SKU: 218676
Price: 199900 USD

House

For Sale

Listed price in listed location currency (USD).

$199,900

000

MLS® 218676

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $4,323

Days Active 2

Lot Size 3049 SF

Approx. Age

MLS® Number 218676

Property Address: 156 Stevens St S, Rhinelander, WI, 54501

Average square foot calculated using Size range provided by listing agent.

Description

Position your investment portfolio for long-term success with this well-located commercial property in the heart of Rhinelander. Featuring an established tenant with a lease in place through **October 31, 2026**, and renewal discussions underway, this property offers immediate rental income while preserving future flexibility. The current monthly rent is **$1, 963.65**, with rent including gas and electric. Investors can enjoy an existing income stream today, while owner-users have a unique opportunity to secure the property before a lease extension is finalized. If purchased promptly, a buyer may have the option to occupy the building for their own business or pursue an alternative use upon expiration of the current lease, depending on the outcome of lease negotiations and applicable zoning. Rhinelander serves as the commercial, medical, retail, and recreational hub of Wisconsin's Northwoods, attracting businesses, residents, and visitors from across the region. Its strong local economy, year-round activity, and convenient highway access continue to make it one of Northern Wisconsin's most desirable locations for commercial investment. Whether you're seeking a turnkey income-producing asset or a property with future owner-occupancy potential, this commercial offering provides the rare combination of current cash flow and long-term opportunity. Schedule your private showing today.

MLS® Number218676

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

DrivewayOn Street

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Map

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