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Flexible Commercial Office Building
For Sale
$269,000

1228 E Main Street, Reedsburg, WI 53959

COMMERCIAL - Reedsburg, WI

Property Size2,352 SF
Lot Size0.18 Acres
Price / SF$114.37
Days on Market8

Property Features for 1228 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Lot features High Traffic Location, High Visibility, Near Major Highway
Directions On Reedsburg's Eastside.
Subdivision REEDSBURG - C
Standard status Active
APN 276-1759-00000
Size 2,352 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3472

Building Details

Year built 1985
Number of units 2
Roof type Composition
Listing Agency: Gavin Brothers Auctioneers LLC
Listed By: Matthew Gavin · License #57184-90
Added: Jul 29 Changed: Aug 5 Last Checked: Aug 5 at 8:06PM
MLS# 2028942

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 2,352-square-foot office building occupies a 0.18-acre site and offers a layout that can serve one business or be arranged as distinct upper and lower commercial suites. The property was built in 1985 and has a composition roof, providing a defined existing structure for office use.

Located at 1228 E Main Street on the east side of Reedsburg, the building fronts Main Street and is described as having strong daily traffic exposure. Commercial zoning supports its established office use. The flexible configuration may accommodate an owner-user arrangement or separate commercial occupancy, subject to applicable requirements.

Key Highlights

  • 2,352‑square‑foot office building on a 0.18‑acre site
  • Commercial zoning
  • 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 (±1% cap)
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 (±1% cap)
NOI $33,327 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor Blakeslee Land Surveying Land Surveyor Merrill Lynch Wealth ... Financial Advisor

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Furniture & Home Goods Bakery Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned office property with adaptable space for one business or separate upper and lower suites.
Where is this office building located?
The property is located at 1228 E Main Street 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‑square‑foot office building on a 0.18‑acre site; Commercial zoning; Flexible layout for one business or separate upper and lower suites
More about this property
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