Rhinelander City, Wisconsin - Retail Business Property$69,500
Description: A longstanding Rhinelander landmark, the House of Spirits offers corner exposure on Brown Street with additional rental income, plus space for expanded income potential. The main storefront currently operates as a retail liquor store with coolers and extensive basement storage space. Two rental spaces (tattoo parlor & massage therapy) fronting on Rives Street rent for a total of $685/month, completing the ground level square footage of +/- 3,120 square feet. An equally spacious upper level consists of a comfortable 2-bedroom apartment renting for $550/month, while the remainder of the +/- 3,120 square foot upper level holds potential office space, or could be converted to another apartment unit. Whether you're looking to start a business, or make an investment, this property priced under $100,000 provides an affordable avenue for various retail or service applications right in the heart of Downtown Rhinelander.
Financials & Documents