Skip To Content

151 Brown St

Rhinelander, WI 54501
  • $850,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 218708
UPDATED: 86 min ago
$850,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 3
    1/2 BATHS
  • 4,472
    SQFT
  • $190
    $/SQFT
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-08-16T11:07:24.45.
www.dreamnorthre.com/homes/179332452
Print Image

151 Brown St Rhinelander, WI 54501

  • Price: $850,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 86 min ago
  • MLS #: 218708
4
Beds
2
Baths
3
½ Baths
0.19
Acres
4,472
SQFT
$190
$/SQFT
County:
Oneida
Area:
Rhinelander
Property Description
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.
Exterior Features

Construction Materials Brick Parking Features Handicap Paved Roof Rubber

Interior Features

Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Laminate Mixed Tile Heating Forced Air Natural Gas Hot Water Heating YN Yes Interior Features Storage Security Features Security System Fire Alarm

Property Features

Building Features Reception Area Sign(s) Business Name Brown Street 151 Business Type Bar / Tavern / Lounge Restaurant Community Features Sidewalks Inclusions Real Estate and Business Equipment Inventory Supplies Other Structures Living Quarters Ownership Type Fee Simple Property Sub Type Business Property Sub Type Additional Multi Family Investment Public Survey Range 9 E Public Survey Section 6 Public Survey Township 36 N Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 6198 Tax Year 2025 Township ON Rhinelander ( City) Water Source Public Waterfront YN No

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Luke Durkee of TWENTY-TWO RE LLC: 715-493-3179.



© 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2026-08-16T11:07:24.45.
 
https://bt-photos.global.ssl.fastly.net/northwoods/1280_boomver_1_218708-2.jpg https://bt-photos.global.ssl.fastly.net/northwoods/1280_boomver_1_218708-2.jpg https://bt-photos.global.ssl.fastly.net/northwoods/1280_boomver_1_218708-2.jpg
Logo
Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548