Search
Five-Unit Apartment Building with Retail
New
For Sale
$874,900

1040 1st Center Ave, Brodhead, WI 53520

Mixed-use property pairs first-floor commercial space with updated residential units in Brodhead’s Historic District.

Property SizeContact for details
Days on Market3

Property Features for 1040 1st Center Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Building Details

Year Built 1900
Year Renovated 2021
Buildings 1
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Sep 5 Last Checked: Sep 6 at 7:36AM

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 Briggs Realty Group

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines a first-floor retail or office area with five second-floor apartments. Each apartment has one bedroom and one bathroom, while the residential portion has received interior updates and the building includes refreshed electrical systems.

The property is located at 1040 1st Center Ave in Brodhead’s Historic District, near shops and restaurants. Exterior improvements include a new roof, windows, and doors completed in 2020. A complete interior remodel and electrical updates were completed in 2021, creating a combination of commercial and residential space within the same building.

Key Highlights

  • Five 1‑bed, 1‑bath apartments on the second floor
  • First‑floor retail or office space
  • New roof, windows, and doors completed in 2020

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 53520, WI

6,684
Population
3,188
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
119.9 sq mi
ZIP Area
56
Density / Sq Mi
$74,589
Median Household Income
$43,642
Median Earnings
$768
Median Rent
$211,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use property pairs first-floor commercial space with updated residential units in Brodhead’s Historic District.
Where is this apartment building located?
The property is located at 1040 1st Center Ave Brodhead, WI.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Five 1‑bed, 1‑bath apartments on the second floor; First‑floor retail or office space; New roof, windows, and doors completed in 2020
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message