Mixed-Use Retail
For Sale
$289,900
107 N High St, Randolph, WI 53956
COMMERCIAL - Randolph, WI
Property Size2,400 SF
Lot Size0.05 Acres
Price / SF$120.79
Days on Market373
Property Features for 107 N High St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
11176138
Size
2,400 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
3355
Building Details
Year built
1900
Architectural style
Other
Listing Agency:
HomeWire Realty
(414) 982-4005
Listed By:
Melissa Buttrum · License #58088-90
(262) 227-7064
Added: Jul 30, 2025
Changed: Aug 4
Last Checked: Aug 6 at 3:06AM
MLS# 1929406
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial building contains 2,400 square feet on a 0.05-acre parcel and dates to 1900. The property includes retail space that formerly operated as a pharmacy, along with an upstairs two-bedroom apartment that is currently rented. Commercial zoning supports the existing retail and residential configuration.
Located at 107 N High St in Randolph, Wisconsin, the building occupies a main-street setting within the community. The combination of storefront space and an occupied apartment provides a property with both commercial and residential components.
Located at 107 N High St in Randolph, Wisconsin, the building occupies a main-street setting within the community. The combination of storefront space and an occupied apartment provides a property with both commercial and residential components.
Key Highlights
- 2,400‑square‑foot mixed‑use commercial building
- 0.05‑acre parcel in Randolph, WI
- Retail space formerly used as a pharmacy
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.3k | $15.96 |
| − Vacancy | −$3.3k | −$1.36 |
| EGI | $35.0k | $14.60 |
| − OpEx | −$10.5k | −$4.38 |
| NOI | $24.5k | $10.22 |
2,400 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$407.3K
$356.4K – $475.2K
NOI $28,512 @ 7.0% cap · market cap 9.84%
Second Best
Retail
$350.5K
$306.7K – $408.9K
NOI $24,534 @ 7.0% cap · market cap 8.46%
Theoretical Best
Office A
$539.2K
$471.8K – $629.1K
NOI $37,743 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
817
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
817 visits/mo
0.3 miles
Demographics for 53956, WI
3,416
Population
1,404
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
78.3 sq mi
ZIP Area
44
Density / Sq Mi
$84,722
Median Household Income
$41,997
Median Earnings
$750
Median Rent
$214,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a retail area and an upstairs two-bedroom apartment currently occupied by a tenant.
Where is this mixed-use property located?
The property is located at 107 N High St Randolph, WI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 2,400‑square‑foot mixed‑use commercial building; 0.05‑acre parcel in Randolph, WI; Retail space formerly used as a pharmacy
