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Mixed-Use Building with Apartments
New
For Sale
$1,800,000

100 N Madison, Lancaster, WI 53813

Commercial suites occupy the ground level, with residential units above.

Property Size31,980 SF
Price / SF$56.29
Days on Market7

Property Features for 100 N Madison

General Information

Standard status Active
Size 31,980 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 13

Building Details

Year Renovated 2014
Buildings 1
Tenancy Multi
Listing Agency: Platteville Realty LLC
Listed By: Brad Klaas · License #8112894
Source: Madisonareahomelistings
Added: Sep 24 Changed: Sep 28 Last Checked: Sep 29 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platteville Realty LLC

Investment Insights

Based on property information with market context.

This 31,980-square-foot mixed-use building combines five commercial lease spaces on the main level with 13 apartments upstairs. The property was renovated in 2014, and the commercial and residential components provide distinct sources of rental income. The occupied leases span businesses in areas including chiropractic services, food, and other local services, with a waiting list reported for the spaces.

Located at 100 N Madison in downtown Lancaster, Wisconsin, the building brings retail and residential uses together in one property. Its layout places commercial space below the apartment component, with both uses represented among the existing tenants.

Key Highlights

  • 31,980‑square‑foot mixed‑use building
  • Five main‑level commercial lease spaces
  • 13 apartments on the upper floor

Property Analytics

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Current Use

Theodore W Anderson ... Law Firm

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Dental Office Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby

Demographics for 53813, WI

6,267
Population
2,430
Households
2.6
Avg Household Size
41
Median Age
25%
College-Educated
94%
High-School Grad
144.3 sq mi
ZIP Area
43
Density / Sq Mi
$80,946
Median Household Income
$45,441
Median Earnings
$803
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial suites occupy the ground level, with residential units above.
Where is this mixed-use property located?
The property is located at 100 N Madison Lancaster, WI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 31,980‑square‑foot mixed‑use building; Five main‑level commercial lease spaces; 13 apartments on the upper floor
More about this property
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