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Mixed-Use Building with Retail Space
For Sale
Contact for pricing
Pending

172-176 W Main St, Stoughton, WI 53589

Income-producing building with retail, office, lower-level commercial, and apartment components in a business district setting.

Property SizeContact for details
Days on Market145

Property Features for 172-176 W Main St

General Information

Standard status Pending
Property subtype Special Purpose

Amenities

finished lower level
central air conditioning
portable air conditioning units
public parking lot

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Sid Boersma · License #WI
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 7:06AM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use building combines street-level retail and office space with a finished, accessible lower level and two apartments above. The property includes four rental components: the main-level Nordic Nook business, a lower-level antique shop, and two upstairs apartments occupied by long-term tenants. Nordic Nook is not part of the sale, with the owner remaining in the building as a tenant.

The apartments have separate gas and electric metering, paid by the tenants, while the owner covers water service. Central air serves the main and lower levels; the apartments use portable air-conditioning units. A public parking lot is located behind the building, and the property sits along Main Street within Stoughton's business district.

Key Highlights

  • Four rental components spanning retail, lower‑level commercial, and residential space
  • Two upstairs apartments with long‑term tenants
  • Finished, accessible lower level occupied by an antique shop

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Grocery & Convenience Store Skin Care Clinic 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Income-producing building with retail, office, lower-level commercial, and apartment components in a business district setting.
Where is this mixed-use property located?
The property is located at 172-176 W Main St Stoughton, WI.
What are key features of this property?
This property features: Four rental components spanning retail, lower‑level commercial, and residential space; Two upstairs apartments with long‑term tenants; Finished, accessible lower level occupied by an antique shop
More about this property
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