51 Brown St N Rhinelander WI 54501 $599,500
Features of 51 Brown St N Rhinelander WI 54501
- Property Type: Business
- Status: Expired
- 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
- Township: Rhinelander City
- MLS#: 177794
- Listing Company: First Weber - Rhinelander
- Price/SqFt: $51
- Zip Code: null
Property Description for 51 Brown St N Rhinelander WI 54501
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.
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Listed by First Weber - Rhinelander