Mixed-Use Building with Bar
120 N Main St Dousman, WI 53118
120 N Main St, Dousman, WI, 53118
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For Sale
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Main level includes a reception/front desk and bar or restaurant setting, with upstairs apartment space and attached utility updates.
Property Size2,971 SF
Price / SF$151.46
Days on Market117
Property Features for 120 N Main St
General Information
- Standard status
- Active
- Size
- 2,971 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1910
Listing agency
White Pine Real Estate
Listed by
Jake D'Acquisto · License #938588-91
Source
Crexi
Added: Mar 27 Updated: Jul 21 at 12:33AM Checked: Jul 21 at 5:29AM
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 White Pine Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property combines an updated main level with dedicated residential space upstairs. The main floor features a reception/front desk area and a spacious bar or restaurant setting, along with a back area that is ready to be restored into a kitchen. Upstairs includes an apartment with an updated bath, kitchenette, and living space.
The property also includes a large detached garage with new electrical and multiple heat sources, offering added space for storage or work use. The remarks note newer roofs on both buildings.
Overall, the layout supports flexible use across the commercial and residential components, with on-site improvements aimed at readying the space for a new concept or owner operation.
The property also includes a large detached garage with new electrical and multiple heat sources, offering added space for storage or work use. The remarks note newer roofs on both buildings.
Overall, the layout supports flexible use across the commercial and residential components, with on-site improvements aimed at readying the space for a new concept or owner operation.
Key Highlights
- 1910 mixed‑use property in Downtown Dousman with main level business space and an upstairs apartment
- Main level includes a reception/front desk area plus a spacious bar or restaurant setting
- Back area on the main level is ready to be restored into a kitchen
Local Financial Insights For Mixed Use
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 | $64.2k | $21.60 |
| − Vacancy | −$7.7k | −$2.59 |
| EGI | $56.5k | $19.01 |
| − OpEx | −$21.2k | −$7.13 |
| NOI | $35.3k | $11.88 |
2,971 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Specialty Retail
$920.6K
$805.5K – $1.07M
NOI $64,441 @ 7.0% cap · market cap 14.32%
Second Best
Mixed Use
$504.2K
$441.2K – $588.3K
NOI $35,295 @ 7.0% cap · market cap 7.84%
Theoretical Best
Flex RnD
$1.52M
$1.33M – $1.77M
NOI $106,142 @ 7.0% cap · market cap 23.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
David Charles Productions
Film Production
FAQs
What type of property is this?
Mixed-use property - Main level includes a reception/front desk and bar or restaurant setting, with upstairs apartment space and attached utility updates.
Where is this mixed-use property located?
The property is located at 120 N Main St Dousman, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1910 mixed‑use property in Downtown Dousman with main level business space and an upstairs apartment; Main level includes a reception/front desk area plus a spacious bar or restaurant setting; Back area on the main level is ready to be restored into a kitchen
