Currently operated as Riverview Hall, this 41,000 square foot facility enjoys income from commercial leaseholds and dorm style housing for local college students with single and shared living options. The concrete and brick constructed building features 55 dorm style resident rooms, 7 common space bathrooms, 3 shower rooms consisting of 9 shower stalls, common spaces, an expansive kitchen, meeting rooms, multi-purpose rooms, and office spaces. Situated on a 4.5 +/- acre lot w/ 233+/- feet of water frontage on the Pelican River and adjacent to the 36+ acre Holmboe Conifer Forest to enjoy hiking through old-growth hemlocks, red & white pines, birch, tamarack, and northern hardwoods. The location is convenient to Rhinelander's shopping, dining, a dog park, and a boat landing for residents at Riverview Hall. The building and property may be conducive to other commercial options pending zoning approval. The property is already in a tax incremental district (TID) for commercial development.