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Private Office Suite with In-Suite Sink
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135 W Main St W Main, Stoughton, WI 53589

Second-floor office suite with elevator access, natural light, and a built-in sink.

Property Size10,000 SF
Price / SF$2.28
Days on Market153

Property Features for 135 W Main St W Main

General Information

Standard status Active
Size 10,000 SF
Elevators Yes
Property subtype Commercial

Additional Details

Floor 2

Amenities

in-suite sink
natural light

Building Details

Year Built 1999
Listing Agency: Elevate Estates Realty Co.
Listed By: Rob Hostrawser · License #58389-90
Source: Madisonareahomesforsale
Added: May 31 Changed: Oct 26 Last Checked: Oct 28 at 8:20AM

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.

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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.

Suite 200 at Anderson Plaza is a private second-floor office unit with an in-suite sink and natural light. The property was built in 1999 and includes level entry with elevator service to the office level.

Located in downtown Stoughton, the suite is near restaurants, shops, and other local amenities. Nearby public parking supports convenient access for clients and employees. The layout may suit professional services, counseling, administrative operations, or beauty and wellness providers.

Key Highlights

  • Private Suite 200 office unit in Anderson Plaza
  • Built‑in sink and natural light within the suite
  • Level entrance with elevator service to the second floor

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 606.79%
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 713.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property 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

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 - Second-floor office suite with elevator access, natural light, and a built-in sink.
Where is this office unit located?
The property is located at 135 W Main St W Main Stoughton, WI.
What are key features of this property?
This property features: Private Suite 200 office unit in Anderson Plaza; Built‑in sink and natural light within the suite; Level entrance with elevator service to the second floor
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Includes: Price & PSF · Cap rate · Location · Zoning

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