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Stoughton Wellness and Athletic Center
For Sale
$5,900,000

2300 Highway 51, Stoughton, WI 53589

Premier athletic hub with diverse tenants and development potential.

Property Size64,250 SF
Lot Size5.00 Acres
Price / SF$91.83
Days on Market473

Property Features for 2300 Highway 51

General Information

Standard status Active
Size 64,250 SF
Lot size 5.00 Acres
Property subtype Business/Comm / Apartment building
Zoning PB
Net Operating Income $440,808

Taxes and HOA fees

Annual Taxes $67,798

Amenities

Slab/None
Public rest rooms, 440+ volt, 3 phase electric, Reception area, Signage available, Display window, Security system, Internal sprinkler, Inside storage, Security lighting, Private office(s), Recreation facilities
Personal property of tenants and owners.
Concession counter, tables and chairs located within the common area.
Forced air, Central air, Zoned heating
Brick, Steel, Stucco, Other

Building Details

Year Built 2007
Listing Agency: American, REALTORS
Listed By: David Baehr · License #52609-90
Source: Compass
Added: Apr 23, 2025 Changed: Aug 8 Last Checked: Aug 3 at 12:24PM

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 American, REALTORS

Investment Insights

Based on property information with market context.

The Stoughton Wellness and Athletic Center (SWAC) is located on a 5-acre site in Stoughton, WI. This 64,250 sq. ft. facility features a lobby and restrooms, as well as a 4-court gymnasium that hosts over 120,000 annual participants through Sports Enhancement Academy’s volleyball and basketball leagues and over 40 tournaments. The property houses Anytime Fitness, Stoughton Hospital, Famous Yeti’s Pizza, Basecamp Arcade, The Heights Banquet Hall and Stoughton Eye Care. There are 179 parking stalls, with an additional lot that could potentially accommodate a 20-unit residential building with underground parking.

Key Highlights

  • High 7.5% Cap Rate investment opportunity
  • Premier 64,250 sq. ft. athletic and wellness center on a 5‑acre, high‑visibility site
  • Diverse tenant mix including Anytime Fitness (2,000+ members), Stoughton Hospital, Famous Yeti’s Pizza, and more

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Garden Center

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

283
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53589, WI

19,888
Population
9,014
Households
2.2
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
85.0 sq mi
ZIP Area
234
Density / Sq Mi
$93,509
Median Household Income
$52,809
Median Earnings
$1,150
Median Rent
$318,300
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
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Frequently Asked Questions

What type of property is this?
Fitness center & gym - Premier athletic hub with diverse tenants and development potential.
Where is this fitness center & gym located?
The property is located at 2300 Highway 51 Stoughton, WI.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: High 7.5% Cap Rate investment opportunity; Premier 64,250 sq. ft. athletic and wellness center on a 5‑acre, high‑visibility site; Diverse tenant mix including Anytime Fitness (2,000+ members), Stoughton Hospital, Famous Yeti’s Pizza, and more
More about this property
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