2,768 sqft

$325,000

2248 20 1/4 Street, Rice Lake WI, 54868

Price per sqft$117.41

Property size2,768 sqft

Property typeCommercial

Overview

Active

Listed Apr 30, 2026

Updated 4 days ago

Prime commercial opportunity just north of Rice Lake along highly traveled Hwy 48, offering excellent visibility and strong daily traffic exposure at a busy intersection. Situated on approximately 0.64 acres, this property is ideally positioned for a wide range of business opportunities with easy access and high visibility. The property features two versatile buildings. Building A (~2,700 sq ft) was previously operated as a restaurant and offers a functional layout that can easily be adapted for retail, office, or food service use with large walk-in cooler. Building B (~2,300 sq ft) is a newer structure with open, flexible space—perfect for events, showroom space, storage, or additional business operations. Additional highlights include ample on-site parking, updated mechanicals, and infrastructure already in place to support multiple business types. With its strategic location, flexible layout, and strong exposure, this property presents an excellent opportunity for owner-occupants or investors looking to establish, expand, or reposition a business in a growing area.

Other Property Details

Taxes: $4,227
Tax Frequency: Annually

Listed by Daniel Nelson with Real Estate Solutions
Listing Contact: 715-719-0555

The IDX display contains information sourced from the REALTOR® Association of Northwestern Wisconsin as of 10/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/10/2026 at 3:27 AM UTC