113-115 S Main St Oconomowoc, WI
Retail space and apartments with 2023 renovations.
Property Features for 113-115 S Main St
General Information
- Standard status
- Active
- Size
- 2,218 SF
- Lot size
- 0.64 Acres
- Property subtype
- RETAIL
Listing office Judson & Associates, S.C. (262) 695-8800
Listing date Jun 19, 2025
Source Moodyscre
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 Judson & Associates, S.C.
Investment Insights
Based on property information with market context.
Key Highlights
- Renovated apartments feature new kitchens, paint, flooring, countertops, and appliances (2 of 3 units).
- Renovated main floor commercial space offers new flooring, paint, and light fixtures.
- New roof installed in 2022.
Local 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 | $46.6k | $21.00 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $44.9k | $20.24 |
| − OpEx | −$13.5k | −$6.07 |
| NOI | $31.4k | $14.17 |
