Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office and Retail Service Building Title is generated by Realmo AI

    150 S Main Street, Richland Center, WI 53581

    View on Map
    Claim this Listing
    For Sale
    $130,000

    Office,Retail,Service - Richland Center, WI

    Added:
    Mar 3, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for 150 S Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Interior features
    Private Restrooms, Reception area
    Standard status
    Active
    APN
    276-2100-1243

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1889

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    1
    Building materials
    Block, Brick
    Roof type
    Membrane, Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Ted Greenheck

    Listing agent Ted Greenheck

    Listing office Driftless Area LLC 27128 US Hwy 14, Richland Center, WI

    Listing date Mar 3, 2026

    MLS# 2017623 Listing URL

    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.

    HighLights

    • Highly visible street location in downtown Richland Center
    • Six private office spaces
    • Large area suitable for conference or retail use
    • Private parking at the back of the building
    • Bright and welcoming reception area
    • Central air conditioning

    Overview

    This business opportunity offers six private office spaces alongside a bright, welcoming reception area. A larger open area provides options for a conference-style setup or retail use, supporting a range of service and professional business models. The configuration is designed for client-facing operations while maintaining separate workspaces.

    The property is located on a highly visible street in downtown Richland Center, supporting walk-in and customer traffic opportunities for appropriate uses. On-site private parking is available at the back of the building, offering convenient access for employees and visitors.

    With its mix of private offices, reception, and flexible interior space, the building is well-suited for professional firms that want dedicated rooms and a customer entry point. It may also appeal to operators seeking the ability to combine office operations with a conference or retail component within the same footprint. The downtown visibility and private parking help round out day-to-day usability for tenants or owner-users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richland Center
    County
    Richland
    State
    Wisconsin
    Longitude
    -90.386883
    Latitude
    43.335109

    Nearby Similar for Sale

    • $565,000

      Turn-Key Dual Theater Property

      Two complementary theater locations with updated equipment, plus office space and ample parking for patrons.
      192 S Central Avenue, Richland Center, WI 53581
      View Details
    • $158,000

      Move-In Ready Mixed-Use Commercial Building

      Well-maintained building with recent roof, electrical upgrades, fresh paint, and a main-level bathroom for flexible business use.
      145 W Court Street, Richland Center, WI 53581
      View Details
    • $139,000

      Downtown Richland Center Retail Opportunity

      Versatile commercial property in Richland Center's business district.
      250 West Court, Richland Center, WI 53581
      View Details
    • $275,000

      Two-Story Apartment Building

      Well-maintained, three-unit residential building offers straightforward income potential in a compact footprint.
      541 N Main Street, Richland Center, WI 53581
      View Details
    • $275,000

      Richland Center Four-Unit Rental Property

      Four-unit rental property with storage in Richland Center, Wisconsin.
      271 S Church Street, Richland Center, WI 53581
      View Details
    • $399,000

      Well-Maintained Office Building For Sale

      Commercial building with offices, conference room, and parking.
      23295 US Hwy 14 Road, Richland Center, WI 53581
      View Details
    • $130,000
      1,800 SF

      Downtown Richland Center Office/Retail Space

      Versatile commercial space in downtown Richland Center with parking.
      150 S Main, Richland Center, WI 53581
      View Details
    • $650,000
      23,468 SF

      Historic School Redevelopment Opportunity

      Redevelopment opportunity in downtown Richland Center near amenities.
      586 N Main, Richland Center, WI 53581
      View Details
    • $1,100,000

      Edgewater Mobile Home Park

      Mobile home park in scenic Pine River Valley for sale.
      24 Bancroft Drive, Richland Center, WI 53581
      View Details
    • $475,000

      Office For Sale

      Office property available for purchase.
      108 E Court St, Richland Center, WI 53581
      View Details

    FAQs

    What type of property is this?
    Office units - Flexible interior layout with private offices, reception, and adaptable space on a highly visible downtown street.
    Where is this office units located?
    The property is located at 150 S Main Street Richland Center, WI.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Highly visible street location in downtown Richland Center; Six private office spaces; Large area suitable for conference or retail use
    (608) 588-5700
    We can help!
    Listing Contact
    Ted Greenheck
    Real Estate License ID: 53692-90
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 S Main Street, Richland Center, WI 53581
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!