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Mixed-Use Building with Apartments
For Sale
$874,900

1040 1st Center Avenue, Brodhead, WI 53520

Business/Comm, Brodhead, WI

Property Size9,328 SF
Lot Size0.12 Acres
Price / SF$93.79
Days on Market161

Property Features for 1040 1st Center Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Interior features Alley, Loading Ramp, Private Restrooms, Residential unit(s), 440+ volt, Display window, Inside storage
Accessibility Accessible Approach with Ramp
Lot features Business district
Directions On State Hwy 11 / 1st Center Ave the Property sits on the East side of 1st Center Ave & E Exchange Street.
Subdivision BRODHEAD - C
Standard status Active
APN 206-0432.0000
Size 9,328 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10051

Building Details

Year built 1900
Number of units 6
Roof type Membrane
Additional Structures Storage
Listing Agency: EXIT Professional Real Estate · EXIT Realty
Listed By: Mitchell Covert · License #9899494
Added: Mar 24 Changed: Aug 31 Last Checked: Aug 31 at 11:06PM
MLS# 1996434

Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 9,328-square-foot mixed-use property, built in 1900, combines commercial and residential components within a 0.12-acre parcel. The first floor provides retail or office space with display windows, private restrooms, inside storage, and a loading ramp. Five second-floor apartments each offer one bedroom and one bathroom. An accessible approach with ramp serves the property, which also includes 440+ volt service and alley access.

Major work includes a membrane roof, windows, and doors completed in 2020, followed by an interior remodel and electrical updates in 2021. The property is zoned Com and is located in Brodhead’s Historic District near shops and restaurants.

Key Highlights

  • 9,328‑square‑foot mixed‑use building on a 0.12‑acre parcel
  • Five second‑floor apartments, each with 1 bedroom and 1 bathroom
  • First‑floor retail or office space with display windows and private restrooms

Property Analytics

Current Use

Storefront properties

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property combining first-floor business space with five second-floor residential units in Brodhead’s Historic District.
Where is this mixed-use property located?
The property is located at 1040 1st Center Avenue 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: 9,328‑square‑foot mixed‑use building on a 0.12‑acre parcel; Five second‑floor apartments, each with 1 bedroom and 1 bathroom; First‑floor retail or office space with display windows and private restrooms
More about this property
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