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Mixed-Use Building with Apartments
New
For Sale
$199,900

1155 Lincoln Avenue, Fennimore, WI 53809

Business/Comm, Fennimore, WI

Property Size4,180 SF
Lot Size0.43 Acres
Price / SF$47.82
Days on Market3

Property Features for 1155 Lincoln Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Interior features Alley, Public rest rooms, Private Restrooms, Residential unit(s), Reception area, Display window, Outside storage, Gas Hot Water Heater
Lot features Business district, Free standing, High Traffic Location, High Visibility, Near Major Highway
Directions 1155 Lincoln Avenue in Fennimore
Subdivision FENNIMORE - C
Standard status Active
APN 226-00006-0000
Size 4,180 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2340

Amenities

in-unit laundry

Building Details

Number of units 3
Roof type Metal, Membrane
Additional Structures Storage
Listing Agency: Jon Miles Real Estate
Listed By: Jonathan Miles · License #5264690
Added: Aug 29 Changed: Aug 31 Last Checked: Aug 31 at 7:06PM
MLS# 2031599

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 mixed-use property contains 4,180 square feet across a commercial main floor and two residential units. The ground-level space measures over 2500 square feet and includes a salon tenant, sidewalk-facing entry, rear step-free access, reception area, display window, and public and private restrooms. The upper level features two one-bedroom apartments, each equipped with appliances and in-unit laundry. Front and rear stairways serve the residential portion, while forced-air natural gas furnaces and central air are provided for all units.

Located in downtown Fennimore at 1155 Lincoln Avenue, the property includes five tax parcels totaling 0.43 acres. Parking and site access are available through the side street and front entrance, with the access extending to the vacant lot south of the building. Separate utilities are allocated to the tenants, who pay those costs. The property is zoned Comm and includes alley access, outside storage, a gas hot water heater, and metal and membrane roofing.

Key Highlights

  • 4,180‑square‑foot mixed‑use building with commercial and residential components
  • Over 2500 square feet of main‑floor commercial space with an established salon tenant
  • Two 1 bedroom apartments with appliances and in‑unit laundry

Property Analytics

Current Use

Serendipity Salon & Day ... Hair Salon

Suggested Use

Top Pick Dental Office Electrical Service Real Estate Agency Law Firm Bakery (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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 53809, WI

4,409
Population
1,856
Households
2.4
Avg Household Size
36
Median Age
20%
College-Educated
92%
High-School Grad
102.1 sq mi
ZIP Area
43
Density / Sq Mi
$64,583
Median Household Income
$41,074
Median Earnings
$728
Median Rent
$183,000
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 - Downtown commercial property combines an established salon space with two furnished apartments and separate tenant-paid utilities.
Where is this mixed-use property located?
The property is located at 1155 Lincoln Avenue Fennimore, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 4,180‑square‑foot mixed‑use building with commercial and residential components; Over 2500 square feet of main‑floor commercial space with an established salon tenant; Two 1 bedroom apartments with appliances and in‑unit laundry
More about this property
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