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Second-Floor Office Suite
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135 W Main St Unit 210, Stoughton, WI 53589

Private workspace with an in-suite sink, elevator access, and natural light.

Property Size10,000 SF
Price / SF$0.58
Days on Market75

Property Features for 135 W Main St Unit 210

General Information

Standard status Active
Size 10,000 SF

Building Details

Year Built 1999
Listing Agency: Elevate Estates Realty Co.
Listed By: Rob Hostrawser · License #58389-90
Source: Holtrealestateteam
Added: Aug 17 Changed: Oct 25 Last Checked: Oct 7 at 5:42PM

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 Elevate Estates Realty Co.

Rey
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Investment Insights

Based on property information with market context.

Suite 200 is a private office unit on the second floor of Anderson Plaza, built in 1999. The space includes a built-in sink and natural light, with a layout suited to professional services, beauty and wellness providers, counseling, administrative offices, and other small businesses.

The property is located at 135 W Main St in downtown Stoughton, with restaurants, shops, and other local amenities nearby. Level entry and elevator service provide access to the second floor, while ample public parking is available in the surrounding area for clients and employees.

Key Highlights

  • Private Suite 200 office unit on the second floor
  • Built‑in sink within the suite
  • Natural light enhances the workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$138,348
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,766,960 $2.8M
Cap Rate 7%
$1,976,400 $2.0M
Cap Rate 9%
$1,537,200 $1.5M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$219.6K $21.96/SF
− Vacancy
−$35.1K −$3.51/SF
EGI
$184.5K $18.45/SF
− OpEx
−$46.1K −$4.61/SF
NOI
$138.3K $13.83/SF
Area
Dane County, WI
Vacancy
16.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,766,960
Cap Rate 7%
$1,976,400
Cap Rate 9%
$1,537,200

Alternative Uses

Best Use
Office B
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,348 @ 7.0% cap · market cap 2,401.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,665 @ 7.0% cap · market cap 2,824.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sheila J. Ohnstad ... Counselor Eldon Homes Construction Company Anderson Plaza Shops ... Restaurant Sheila Ohnstad Johnson Counselor Eat At Joe's Restaurant

Suggested Use

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

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

534
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
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

Frequently Asked Questions

What type of property is this?
Office unit - Private workspace with an in-suite sink, elevator access, and natural light.
Where is this office unit located?
The property is located at 135 W Main St Unit 210 Stoughton, WI.
What are key features of this property?
This property features: Private Suite 200 office unit on the second floor; Built‑in sink within the suite; Natural light enhances the workspace
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Includes: Price & PSF · Cap rate · Location · Zoning

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