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Mixed-Use Building with Office Space
For Sale
$320,000

126 S Chestnut Street, Ellsworth, WI 54011

Commercial Sale, Ellsworth, WI

Property SizeContact for details
Lot Size0.11 Acres
Days on Market175

Property Features for 126 S Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Subdivision Cs Dunbars Add
High school district Ellsworth Community
Directions Main Street/Hwy 10 to Chestnut to 126
Standard status Active
APN 121010090600
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1621

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1953
Building materials Block, Concrete
Listing Agency: Property Executives Realty
Listed By: Laurie Larsen
Added: Apr 23 Changed: Sep 18 Last Checked: Oct 14 at 3:06AM
MLS# 7060714

Copyright © 2026 Northstar MLS. 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 building combines more than 1,600 square feet of office area with a two-bedroom apartment on the lower level. The configuration supports a combination of commercial and residential use, including a potential live-work arrangement. Updated flooring extends throughout the property, while a recently replaced roof and two newer HVAC systems contribute to the building’s current functionality.

Located at 126 S Chestnut Street in downtown Ellsworth, the property offers a central commercial setting with access to local amenities. The building was constructed in 1953 and features block and concrete construction, forced-air heating, and central air conditioning. The site encompasses 0.11 acres.

Key Highlights

  • More than 1,600 square feet of office area
  • Lower‑level two‑bedroom apartment
  • Two newer HVAC systems

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Pharmacy Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 54011, WI

6,881
Population
2,878
Households
2.4
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
104.3 sq mi
ZIP Area
66
Density / Sq Mi
$86,442
Median Household Income
$53,811
Median Earnings
$976
Median Rent
$277,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property combining office use with a two-bedroom apartment and updated building systems.
Where is this mixed-use property located?
The property is located at 126 S Chestnut Street Ellsworth, WI.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: More than 1,600 square feet of office area; Lower‑level two‑bedroom apartment; Two newer HVAC systems
More about this property
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