Office Unit with Storefront
For Sale
Contact for pricing
203 E Dewitt Street, Portage, WI 53901
A downtown Portage space pairs a client-facing entrance with separate work areas and lower-level storage.
Property Size1,471 SF
Price / SF$0.68
Days on Market8
Property Features for 203 E Dewitt Street
General Information
Standard status
Active
Size
1,471 SF
Property subtype
Commercial
Zoning
Com
Additional Details
Property Use
Office
Building Details
Building Size
1,471 SF
Year Built
1885
Units
1
Listing Agency:
Exp Realty, LLC
(866) 848-6990
Listed By:
Mary Ramsey · License #5892590
(608) 617-5466
Source:
Geigerrealtors
Added: Oct 17
Changed: Oct 23
Last Checked: Oct 23 at 4:14PM
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 Exp Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 203 E Dewitt Street, this 1,471-square-foot office unit has five office areas, a restroom, and additional storage on the lower level. Large storefront windows face the street, while the layout accommodates a front client area and more private work and meeting spaces. The building dates to 1885.
Located in downtown Portage, the property is zoned Com. Its mix of office rooms and storage supports a range of business configurations.
Located in downtown Portage, the property is zoned Com. Its mix of office rooms and storage supports a range of business configurations.
Key Highlights
- 1,471 square feet with five office areas
- Large storefront windows
- Lower‑level storage and a restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,466
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,320
$349.3K
Cap Rate 7%
$249,514
$249.5K
Cap Rate 9%
$194,067
$194.1K
Market Conditions
NOI Build-Up for 1,471 SF
Gross rent
$29.5K $20.04/SF
− Vacancy
−$6.2K −$4.21/SF
EGI
$23.3K $15.83/SF
− OpEx
−$5.8K −$3.96/SF
NOI
$17.5K $11.87/SF
Area
Columbia County, WI
Vacancy
21.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,320
Cap Rate 7%
$249,514
Cap Rate 9%
$194,067
Alternative Uses
Best Use
Office B
$249.5K
$218.3K – $291.1K
NOI $17,466 @ 7.0% cap · market cap 1,746.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.5K
$289.2K – $385.6K
NOI $23,133 @ 7.0% cap · market cap 2,313.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 53901, WI
14,924
Population
6,550
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
91%
High-School Grad
147.3 sq mi
ZIP Area
101
Density / Sq Mi
$72,244
Median Household Income
$40,914
Median Earnings
$969
Median Rent
$214,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A downtown Portage space pairs a client-facing entrance with separate work areas and lower-level storage.
Where is this office unit located?
The property is located at 203 E Dewitt Street Portage, WI.
What are key features of this property?
This property features: 1,471 square feet with five office areas; Large storefront windows; Lower‑level storage and a restroom
