173 81 Anderson St, Rhinelander, WI 54501

$139,500

173 81 Anderson St, Rhinelander WI 54501 - This commercial property with four separate leaseholds grossing $2106/month in rents and tenants paying all utilities is an excellent opportunity to invest in downtown Rhinelander. The leaseholds consist of three separate offices and a 2 bedroom, 1 bath apartment above the offices with separate street level access. Each leasehold offers varying updates from building to building, though all have been well maintained. With interest rates low and this property providing an 8% cap rate, this could make for a good long term investment or commercial space for an owner occupied business.

Details of 173 81 Anderson St, Rhinelander WI 54501

Status: Active
Property Type: CommercialProperty
County: Oneida
Property Taxes: $3,438
Property Tax Year: 2015
MLS Number: 155781
Listing Company: First Weber - Rhinelander

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