Historic Retail and Office
146 S Main Street Lodi, WI 53555
New
COMMERCIAL - Lodi, WI
Property size:
1,495 SFLot size:
0.06 AcresPrice / SF:
$133/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 9:06 am
Property Features for 146 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Interior features
- Alley, Private Restrooms, Less than 440 volt, Inside storage
- Standard status
- Active
- APN
- 11246 231.04
- Size
- 1,495 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3062
Building Details
- Year built
- 1881
- Number of units
- 1
- Roof type
- Flat, Membrane, Composition
- Additional Structures
- Storage
Listing agent Spencer Schumacher License #5801790 (608) 841-2221
Listing office Spencer Real Estate Group 6733 Frank Lloyd Wright Ave, Middleton, WI (608) 841-2221
Listing date Jul 9, 2026
MLS# 2020189
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic building was constructed in 1881 and is configured to support flexible business use, including retail, office, or service-oriented operations. The property includes forced air heating and central air for year-round comfort, along with a full basement. The basement has exterior access, providing convenient, practical storage options without routing everything through the main level. A notable interior feature includes a stained-glass window with letters spelling out Lodi, created for the owner of the Lodi Enterprise newspaper.
Located in the heart of downtown Lodi, the property is near the intersection of Hwy 60 & 113, supporting visibility and convenient access to surrounding areas, including Madison. The listing notes municipal utilities on site. Parking is supported through on-site parking and nearby public parking, which can help accommodate customers and employees.
With zoning designated as Comm, the building may fit a range of tenant or owner-operator needs that benefit from a downtown address and straightforward utility services. The combination of climate control, versatile space positioning, and basement exterior access makes it a functional option for businesses looking for a well-equipped, character-forward storefront or office setting.
Located in the heart of downtown Lodi, the property is near the intersection of Hwy 60 & 113, supporting visibility and convenient access to surrounding areas, including Madison. The listing notes municipal utilities on site. Parking is supported through on-site parking and nearby public parking, which can help accommodate customers and employees.
With zoning designated as Comm, the building may fit a range of tenant or owner-operator needs that benefit from a downtown address and straightforward utility services. The combination of climate control, versatile space positioning, and basement exterior access makes it a functional option for businesses looking for a well-equipped, character-forward storefront or office setting.
Key Highlights
- Historic building built in 1881 in downtown Lodi with flat and membrane roof and composition roofing
- Versatile interior setup with private restrooms, inside storage, and alley access
- Municipal utilities plus forced air heating and central air
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $20.04 |
| − Vacancy | −$6.3k | −$4.21 |
| EGI | $23.7k | $15.83 |
| − OpEx | −$5.9k | −$3.96 |
| NOI | $17.8k | $11.87 |
1,495 SF · lease $20.04/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$253.6K
$221.9K – $295.9K
NOI $17,751 @ 7.0% cap · market cap 8.88%
Second Best
Retail
$218.3K
$191.0K – $254.7K
NOI $15,282 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K
NOI $23,511 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prairie Winds Flower ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Built in 1881 with forced air heat, central air, and a basement with exterior access for practical storage needs.
Where is this storefront property located?
The property is located at 146 S Main Street Lodi, WI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Historic building built in 1881 in downtown Lodi with flat and membrane roof and composition roofing; Versatile interior setup with private restrooms, inside storage, and alley access; Municipal utilities plus forced air heating and central air
