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 Market2
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
Ask AI about this property
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
