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Faits saillants de l'investissement
- Mixed-use configuration with office, warehouse, and residential units on-site.
- Convenient location near key retail, dining, and service amenities in Rhinelander.
- Multi-tenant income structure featuring two newer upstairs apartments.
- Flexible B3 zoning allowing a broad range of business uses.
Résumé de l'annonce
701 Washington St offers a unique investment or owner-user opportunity in Rhinelander’s established commercial corridor. This property combines 5730 square feet of office and warehouse functionality alongside two modern residential units, creating diverse income streams. The first-floor features office layouts with reception, demised work areas, restroom facilities, and a heated warehouse/garage segment suitable for storage or light operational use. The second level includes two updated apartments that are currently occupied, enhancing immediate cash flow potential and an additional 2250 sq ft.
The asset underwent significant upgrades in 2019 to improve interior finishes and structural elements, providing a contemporary standard within a versatile footprint. The 0.47-acre parcel accommodates 12 on-site parking spaces, serving professional users or service-based enterprises. Situated within a B3 zoning designation, the property supports a variety of business applications.
Positioned near Rhinelander’s downtown amenities, retail services, and regional transportation routes, the location enjoys convenient access to nearby arterials including Lincoln Street and U.S. Highway 8. This offering appeals to investors seeking stable return potential or local operators desiring a hybrid commercial and residential platform in North Central Wisconsin.
The asset underwent significant upgrades in 2019 to improve interior finishes and structural elements, providing a contemporary standard within a versatile footprint. The 0.47-acre parcel accommodates 12 on-site parking spaces, serving professional users or service-based enterprises. Situated within a B3 zoning designation, the property supports a variety of business applications.
Positioned near Rhinelander’s downtown amenities, retail services, and regional transportation routes, the location enjoys convenient access to nearby arterials including Lincoln Street and U.S. Highway 8. This offering appeals to investors seeking stable return potential or local operators desiring a hybrid commercial and residential platform in North Central Wisconsin.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
4 980 pi²
Classe d’immeuble
C
Année de construction/rénovation
1980/2019
Prix
647 237 $ CAD
Prix par pi²
129,97 $ CAD
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
4 980 pi²
Coefficient d’occupation des sols de l’immeuble
0,24
Taille du lot
0,47 AC
Zonage
B3 - General Business/General Use
Stationnement
12 places (2,41 places par 1 000 pi² loué)
Commodités
- Réception
- Espace d'entreposage
- Toilettes privées
- Cour
- Climatisation
1 1
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 549 661 $ CAD | |
| Évaluation du terrain | 223 766 $ CAD | Évaluation totale | 773 426 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
223 766 $ CAD
Évaluation des bâtiments
549 661 $ CAD
Évaluation totale
773 426 $ CAD
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701 Washington St
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