Ad #7036458
MLS #212087
MOTIVATED SELLER - BRING ALL OFFERS! Exceptional investment
400-416 PELHAM ST S, Rhinelander, Wisconsin, 54501
$549,900
11Beds
9Baths
--Sqft
0.700Acres
About this property
MOTIVATED SELLER - BRING ALL OFFERS! Exceptional investment opportunity in the heart of downtown Rhinelander. This well-maintained mixed-use property comprises two buildings and offers tremendous income potential for investors looking to expand their portfolio. Building One features approximately 3,330 square feet of residential space on the upper level, including four 2-bedroom, 1-bath apartments and one efficiency apartment, with many units having been recently remodeled. The main level includes an additional 852-square-foot, 2-bedroom, 1-bath residential apartment along with approximately 5,800 square feet of retail and office space. The flexible main floor layout offers potential for reconfiguration, creating additional opportunities to maximize income. Building Two offers approximately 2,000 square feet divided into three retail/office spaces and includes a full basement for additional storage or future possibilities. Ideally situated on a highly visible corner lot in downtown Rhinelander, these properties benefit from excellent exposure, strong traffic counts, private off-street paved parking, and convenient access to city amenities, shopping, dining, and entertainment, making them highly attractive to both residential and commercial tenants. With solid rental potential and a prime location, this property presents an outstanding opportunity for investors seeking immediate and long-term returns. Real Estate Only - No Businesses Included. Shown by appointment only. The well-known Kids Korner Pizza business is also available for purchase separately. See MLS #217967 for additional details.
Property Features
11 Beds
9 Baths
0 Sqft
0.700 Acres
Special Needs
Siding: Frame
Rubber, Shingle, Composition Roof
Forced Air, Natural Gas
$10,370 / yr property tax
Oneida County
Additional Photos
Contact Information
SCOTT FREIMUTH
NorWisRealty LLC
715-282-7130
Location
Listing Agent: SCOTT FREIMUTH (License #: 49270 - 90) 715-282-7130
Broker: NorWisRealty LLC 715-282-7130 Listing Site
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NorWisRealty LLC 715-282-7130 Listing Site
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$549,900
11
Beds
9
Baths
--
Sqft
400-416 PELHAM ST S, Rhinelander, Wisconsin, 54501
By contacting this agent you agree to these Terms and Conditions.
MLS# 212087
MOTIVATED SELLER - BRING ALL OFFERS! Exceptional investment
$549,900
400-416 PELHAM ST S, Rhinelander, Wisconsin, 54501
11
Beds
9
Baths
--
Sqft
0.700
Acres
$549,900
400-416 PELHAM ST S, Rhinelander, Wisconsin, 54501
11 Beds
9 Baths
-- Sqft
0.700 Acres
Accessibility Features
Accessible Approach with Ramp
MOTIVATED SELLER - BRING ALL OFFERS! Exceptional investment opportunity in the heart of downtown Rhinelander. This well-maintained mixed-use property comprises two buildings and offers tremendous income potential for investors looking to expand their portfolio. Building One features approximately 3,330 square feet of residential space on the upper level, including four 2-bedroom, 1-bath apartments and one efficiency apartment, with many units having been recently remodeled. The main level includes an additional 852-square-foot, 2-bedroom, 1-bath residential apartment along with approximately 5,800 square feet of retail and office space. The flexible main floor layout offers potential for reconfiguration, creating additional opportunities to maximize income. Building Two offers approximately 2,000 square feet divided into three retail/office spaces and includes a full basement for additional storage or future possibilities. Ideally situated on a highly visible corner lot in downtown Rhinelander, these properties benefit from excellent exposure, strong traffic counts, private off-street paved parking, and convenient access to city amenities, shopping, dining, and entertainment, making them highly attractive to both residential and commercial tenants. With solid rental potential and a prime location, this property presents an outstanding opportunity for investors seeking immediate and long-term returns. Real Estate Only - No Businesses Included. Shown 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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Property Details
HOME DETAILS
11 Beds
9 Baths
0 Sqft
0.700 Acres
EXTERIOR
Special Needs
Siding: Frame
Rubber, Shingle, Composition Roof
INTERIOR
Forced Air, Natural Gas
FINANCIAL & COMMUNITY
$10,370 / yr property tax
Oneida County
See More Details
Location
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Ad Statistics
Ad Number
7036458
Viewed
56 times
Listing Status
Active
Added
Dec 07, 2025
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Greater Northwoods MLS
Source Property ID
212087
Listing Agent: SCOTT FREIMUTH (License #: 49270 - 90) 715-282-7130
Broker: NorWisRealty LLC 715-282-7130 Listing Site
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: NorWisRealty LLC 715-282-7130 Listing Site
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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