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    1040 1St Center Ave Brodhead, WI 53520

    For Sale
    $879,900

    Retail,Restaurant/Supper Club,Wholesale,Warehouse,Apartment building

    Type:Apartment
    Days on Market:
    176
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 1040 1St Center Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    Com
    APN
    206-0432.0000
    Parking features
    Paved or Surfaced
    Interior features
    Private Restrooms, Residential unit(s), 440+ volt, Display window, Inside storage
    Exterior features
    Alley

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    6
    Building materials
    Brick
    Roof type
    Membrane, Rubber
    Architectural style
    Other

    EXIT Professional Real Estate (608) 293-0561 [email protected]

    Listing agent Mitchell Covert (608) 426-7111

    Listing date Jun 13, 2025

    MLS# 1996434 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brodhead Historic District Investment Opportunity

    Located in the heart of Brodhead’s Historic District, this well-maintained commercial building presents an investment opportunity. The property features a spacious first-floor retail or office space, complemented by five fully updated 1-bed, 1-bath apartments on the second floor. Recent upgrades include a new roof, windows, and doors installed in 2020, along with a complete interior remodel and updated electrical systems in 2021. The property has a strong rental history and is situated in a prime location near shops and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brodhead
    County
    Green
    State
    Wisconsin
    Longitude
    -89.37647
    Latitude
    42.619939

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    FAQs

    What type of property is this?
    Retail space - Commercial building with retail space and updated apartments in Brodhead.
    Where is this retail space located?
    The property is located at 1040 1St Center Ave Brodhead, WI.
    What is the asking price?
    The asking price for this property is $879,900.
    What are key features of this property?
    This property features: - Prime location in Brodhead’s Historic District near shops and restaurants.; - Spacious first-floor retail/office space plus five fully updated 1-bed, 1-bath apartments.; - Recent upgrades include a new roof, windows, and doors (2020), complete interior remodel and updated electrical (2021).
    (608) 426-7111
    Request Owner's contact information
    1040 1St Center Ave Brodhead, WI 53520
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    Brodhead, WI 53520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 1St Center Ave Brodhead, WI 53520
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