$349,000
2248 20 1/4 Street, Rice Lake, WI 54868
Description
Prime commercial opportunity just north of Rice Lake along highly traveled Hwy 48, offering excellent visibility and strong daily traffic exposure at a busy intersection. Situated on approximately 0.64 acres, this property is ideally positioned for a wide range of business opportunities with easy access and high visibility. The property features two versatile buildings. Building A ( 2,700 sq ft) was previously operated as a restaurant and offers a functional layout that can easily be adapted for retail, office, or food service use with large walk-in cooler. Building B ( 2,300 sq ft) is a newer structure with open, flexible space?perfect for events, showroom space, storage, or additional business operations. Additional highlights include ample on-site parking, updated mechanicals, and infrastructure already in place to support multiple business types. With its strategic location, flexible layout, and strong exposure, this property presents an excellent opportunity for owner-occupants or investors looking to establish, expand, or reposition a business in a growing area.
Property Details
Interior
- None / Slab, Poured Concrete
- Central Air, Forced Air
- Natural Gas
- Total Sqft: 2,768
- Estimated Sqft Range: 2501-3000
Exterior
- Range: 0.5 to .99
- Wood
- Size: 261 x 262 x
- Waterfront: N
- Private Septic System, Holding Tank, Well
Misc.
- Features: Restroom(s), High Speed Internet
- N
- Code: 54868
- Y
- Name: 20 1/4 Street
- Suffix: STREET
- 2025
- Commercial
Map
- From Rice Lake: north on Hwy 48, 1.4 miles to property on left.
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Schools and Neighborhood
- Rice Lake
- Rice Lake
- Name: RICE LAKE
- Type: Town
- BARRON
Market Comparison
How this property compares to local market averages — calculated 5/21/2026
Listing Information
- Time on Market: 19 days
- Place Perfect Last Updated: 2026-05-19 12:59:29
- MLS Number: 1599730
- Subsystem Locale: WIREX_NWW
- Listing Office: Real Estate Solutions
- Listing Agent: Daniel Nelson
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