Flexible Office
For Sale
Contact for pricing
1228 E Main, Reedsburg, WI 53959
Office property with a layout suited to one business or separate upper and lower suites.
Property Size2,352 SF
Price / SF$114.37
Days on Market13
Property Features for 1228 E Main
General Information
Standard status
Active
Size
2,352 SF
Property subtype
Office
Additional Details
Road Access
Yes
Building Details
Year Built
1985
Buildings
1
Units
2
Listing Agency:
Gavin Brothers Auctioneers LLC
Listed By:
Matthew Gavin · License #57184-90
Source:
Crexi
Added: Jul 24
Changed: Aug 5
Last Checked: Aug 5 at 2:15AM
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 Gavin Brothers Auctioneers LLC
Investment Insights
Based on property information with market context.
This 2,352-square-foot office building, constructed in 1985, offers a flexible arrangement for commercial occupancy. The interior can support a single business or be configured as distinct upper and lower office suites, providing multiple ways to use the space.
The property is located at 1228 E Main in Reedsburg, Wisconsin, on the east side of Main Street. Its street-facing position provides a visible presence for an office user and places the building within an established commercial setting.
The property is located at 1228 E Main in Reedsburg, Wisconsin, on the east side of Main Street. Its street-facing position provides a visible presence for an office user and places the building within an established commercial setting.
Key Highlights
- 2,352 SF office building
- Built in 1985
- Flexible layout for one business or separate upper and lower suites
Financial Insights For Office B
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 | $39.5k | $16.80 |
| − Vacancy | −$8.7k | −$3.70 |
| EGI | $30.8k | $13.10 |
| − OpEx | −$7.7k | −$3.28 |
| NOI | $23.1k | $9.83 |
2,352 SF · lease $16.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$330.2K
$288.9K – $385.3K
NOI $23,115 @ 7.0% cap · market cap 8.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.1K
$416.6K – $555.5K
NOI $33,327 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 53959, WI
14,298
Population
5,930
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
94%
High-School Grad
111.6 sq mi
ZIP Area
128
Density / Sq Mi
$76,313
Median Household Income
$41,886
Median Earnings
$954
Median Rent
$240,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office property with a layout suited to one business or separate upper and lower suites.
Where is this office building located?
The property is located at 1228 E Main Reedsburg, WI.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 2,352 SF office building; Built in 1985; Flexible layout for one business or separate upper and lower suites
