Exceptional mixed-use investment opportunity in the heart of Rhinelander! This property combines fully updated living quarters with extensive commercial and storage space, making it ideal for an owner-operator or income-producing setup. The residence offers a modern kitchen with custom cabinets, updated bathrooms, and the original character of hardwood floors, radiators, and built-ins all complemented by large windows for great natural light. Attached are two oversized garages (20x40 and 18x40) with a shared bathroom between them, heated by a new high-efficiency boiler and serviced by instant hot water. Both the home and garages have separate utility meters for flexible use or rental potential. Recent improvements include a new roof (2021), updated electrical and plumbing, newer insulated laterals, and a newer blacktop driveway. Whether you're looking to live on-site while running your business or lease out multiple income streams, this versatile Rhinelander property delivers.