Mixed-Use Property with
New
For Sale
$265,000
109-113 E Main Street, Stoughton, WI 53589
Business/Comm, Stoughton, WI
Property Size2,050 SF
Lot Size0.06 Acres
Price / SF$129.27
Days on Market4
Property Features for 109-113 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CB
Lot features
Business district
Directions
Main Street-Downtown
Subdivision
STOUGHTON - C
Standard status
Active
APN
0511-081-2169-4
Size
2,050 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
commercial, residential
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2389
Building Details
Year built
1892
Number of units
3
Roof type
Flat, Membrane
Listing Agency:
Realty Executives Premier · Realty Executives International
(608) 756-3932
Listed By:
Caitlin Cadd
(608) 931-0229
Added: Oct 26
Last Checked: Oct 29 at 11:06PM
MLS# 2035399
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.
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Investment Insights
Based on property information with market context.
This 2,050-square-foot mixed-use property contains two commercial spaces and a two-bedroom apartment. The 0.062-acre parcel is zoned CB, and the building dates to 1892.
Interior work includes remodeled bathrooms, new flooring and paint, updated baseboard heating, replacement upstairs doors, and an upgraded electrical panel. The sewer line serving the lower bathroom was replaced through to the city connection. The roof is flat with a membrane covering.
Interior work includes remodeled bathrooms, new flooring and paint, updated baseboard heating, replacement upstairs doors, and an upgraded electrical panel. The sewer line serving the lower bathroom was replaced through to the city connection. The roof is flat with a membrane covering.
Key Highlights
- Two commercial rental spaces and one two‑bedroom apartment
- 2,050 square feet on a 0.062‑acre parcel
- CB zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,652
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,040
$393.0K
Cap Rate 7%
$280,743
$280.7K
Cap Rate 9%
$218,356
$218.4K
Market Conditions
NOI Build-Up for 2,050 SF
Gross rent
$30.8K $15.00/SF
− Vacancy
−$2.7K −$1.31/SF
EGI
$28.1K $13.70/SF
− OpEx
−$8.4K −$4.11/SF
NOI
$19.7K $9.59/SF
Area
Dane County, WI
Vacancy
8.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,040
Cap Rate 7%
$280,743
Cap Rate 9%
$218,356
Alternative Uses
Best Use
Mixed Use
$355.8K
$311.4K – $415.1K
NOI $24,908 @ 7.0% cap · market cap 9.40%
Second Best
Retail
$280.7K
$245.7K – $327.5K
NOI $19,652 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$476.4K
$416.8K – $555.8K
NOI $33,346 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
Explore this area
Business Placement
Demographics for 53589, WI
19,888
Population
9,014
Households
2.2
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
85.0 sq mi
ZIP Area
234
Density / Sq Mi
$93,509
Median Household Income
$52,809
Median Earnings
$1,150
Median Rent
$318,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two business suites and a two-bedroom residence create a three-space rental configuration.
Where is this mixed-use property located?
The property is located at 109-113 E Main Street Stoughton, WI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two commercial rental spaces and one two‑bedroom apartment; 2,050 square feet on a 0.062‑acre parcel; CB zoning
