Two-Unit Mixed-Use
New
For Sale
$129,900
133 E Main Street, Weyauwega, WI 54983
The ground-floor salon and upstairs apartment are both tenant-occupied.
Property Size1,130 SF
Price / SF$114.96
Days on Market1
Property Features for 133 E Main Street
General Information
Standard status
Active
Size
1,130 SF
Property subtype
Commercial
Zoning
Mercantile
Site & Location
Highway Access
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Average Monthly Rent
$600
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,394
Building Details
Building Size
1,130 SF
Year Built
1957
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
RE/MAX Lyons Real Estate
Listed By:
Michael J. Drexler · License #91937923
(715) 258-9565
Source:
Lamersrealty
Added: Oct 29
Last Checked: Oct 29 at 2:44PM
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 RE/MAX Lyons Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 133 E Main Street in Weyauwega, this 1,130-square-foot mixed-use building contains two occupied spaces. The street-level commercial unit is configured as a 2-chair salon, while the upper floor has a 1-bedroom, 1-bath apartment. The building dates to 1957 and carries Mercantile zoning.
The property is on E Main Street with access to Hwy 10. Street parking is available in front, with additional off-street spaces at the rear for tenants and customers.
The property is on E Main Street with access to Hwy 10. Street parking is available in front, with additional off-street spaces at the rear for tenants and customers.
Key Highlights
- Two occupied units: a street‑level salon and an upstairs apartment
- Commercial unit is configured as a 2‑chair salon
- Upper‑level apartment has 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,122
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,440
$182.4K
Cap Rate 7%
$130,314
$130.3K
Cap Rate 9%
$101,356
$101.4K
Market Conditions
NOI Build-Up for 1,130 SF
Gross rent
$15.9K $14.04/SF
− Vacancy
−$1.3K −$1.12/SF
EGI
$14.6K $12.92/SF
− OpEx
−$5.5K −$4.84/SF
NOI
$9.1K $8.07/SF
Area
Waupaca County, WI
Vacancy
8.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,440
Cap Rate 7%
$130,314
Cap Rate 9%
$101,356
Alternative Uses
Best Use
Mixed Use
$130.3K
$114.0K – $152.0K
NOI $9,122 @ 7.0% cap · market cap 7.02%
Second Best
Retail
$109.6K
$95.9K – $127.9K
NOI $7,674 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$211.7K
$185.2K – $246.9K
NOI $14,816 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 54983, WI
4,515
Population
1,999
Households
2.3
Avg Household Size
46
Median Age
16%
College-Educated
90%
High-School Grad
82.3 sq mi
ZIP Area
55
Density / Sq Mi
$69,646
Median Household Income
$46,029
Median Earnings
$910
Median Rent
$214,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The ground-floor salon and upstairs apartment are both tenant-occupied.
Where is this mixed-use property located?
The property is located at 133 E Main Street Weyauwega, WI.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two occupied units: a street‑level salon and an upstairs apartment; Commercial unit is configured as a 2‑chair salon; Upper‑level apartment has 1 bedroom and 1 bathroom
