51 Brown St N, Rhinelander WI 54501 $599,500

51 Brown St N, Rhinelander 0 Acres $599,500 Active

  • CommercialProperty
  • Status: Active
  • Est. Square Footage: 11,696
  • Attached Garage: No
  • Est. Acreage: 0.26
  • County: Oneida
  • Property Taxes: $12,877
  • Property Tax Year: 2019
  • Postal Municipality: Rhinelander
  • MLS#: 177794
  • Listing Company: First Weber - Rhinelander
  • Price/SqFt: $51

51 Brown St N, Rhinelander, WI 54501 - This 11,696 square foot dual tenant building features separate office/service-oriented leaseholds generating $117,960.00 in gross rents for 2019. At the current list price less expenses (ask agent for breakdown in documents), the property capitalizes at a rate of 11.84%. Constructed in the early 1960's, the building has been maintained and updated over the years and features concrete block walls, 400 amp electric service (200 amps per side), and both front and rear parking and access. A new rubber roof was installed August, 2017 at a cost of $42,500 including new drains & insulation. Located in Rhinelander's recently updated central business district, the property provides a sound investment for years to come.

Additional Features
  • Heating/Cooling: ForcedAir, NaturalGas
  • Flooring: Mixed
  • Roof: Rubber
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
177794 Active May 9 2019 12:19PM $599,500 456

Estimated Monthly Payment

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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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