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4 Beds
5 Baths
4,472 sqft

$850,000

151 N BROWN ST, Rhinelander WI, 54501

Price per sqft$190.07
Property size4,472 sqft
Property typeCommercial

Overview

Active

Listed Jul 28, 2026

Updated Jul 29

Brown Street 151 presents a rare opportunity to own a thriving business, established rental income, and a piece of local history all under one roof. This iconic two-story brick commercial building has been thoughtfully refurbished while preserving the timeless character and architectural charm that make it a community landmark. Rich in history and loaded with modern improvements, this mixed use investment offers multiple streams of income and tremendous upside potential. Features include an open concept chef's show kitchen, custom-built brick oven, dedicated prep kitchen, spacious lounge area, hostess and reception station, and an expanded bar with rolling library ladder and seating for an additional 16 patrons, restaurant seats 215+. Every detail has been designed to enhance both guest experience and operational efficiency while maintaining the property's unique character. The upper level features two beautifully updated residential apartments, each offering 2 bedrooms and 1 bathroom. Exposed brick walls, modern finishes, and timeless architectural elements create attractive living spaces that complement the building's historic appeal. Both units are currently occupied, providing immediate rental income, while below market rents create an opportunity for future revenue growth. Whether you're an investor seeking a diversified portfolio, a hospitality entrepreneur looking for a turnkey operation, or a visionary owner pursuing a landmark property with room for expansion, Brown Street 151 is the potential to own a destination property where history, hospitality, and income-producing potential come together for lasting success.

Additional information

MLS® ID
218708

Interior Features

Bedrooms
4
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$6,198
Tax Frequency
Annually
Municipality
ON Rhinelander (City)

Listed by LUKE DURKEE with TWENTY-TWO RE LLC
Listing Contact: 715-493-3179 
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Data last updated 7/29/2026

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