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    Wellness and Sports Facility Title is generated by Realmo AI

    2300 Highway 51 and 138, Stoughton, WI 53589

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    Claim this Listing
    For Sale
    $5,900,000

    Apartment building,Office,Other,Recreation,Restaurant/Supper Club,Retail,Service,Tavern,Vacant land

    Type:Apartment
    Property size:
    64,250 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $91/SF
    Added:
    Apr 22, 2026
    Days on Market:
    43
    Last Refresh:
    Jun 3 at 9:06 am

    Property Features for 2300 Highway 51 and 138

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Zoning
    PB
    Parking
    56
    Parking features
    Paved or Surfaced
    Security features
    Security System
    Interior features
    Public rest rooms, 440+ volt, 3 phase electric, Reception area, Display window, Security system, Internal sprinkler, Inside storage
    Exterior features
    Signage available
    Standard status
    Active
    APN
    0511-063-4260-2
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    67798

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air, Zoned (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2007
    Floors in Building
    1
    Number of units
    7
    Building materials
    Brick, Other, Stucco
    Roof type
    Membrane, Metal, Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    David Baehr
    David Baehr

    Listing agent David Baehr

    Listing office American, REALTORS 202 W Main St, Sun Prairie, WI

    Listing date Apr 22, 2026

    MLS# 2006083 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

    • High 7.5% cap rate investment opportunity.
    • 64,250 sq. ft. premier athletic and wellness center with diverse tenant mix including Anytime Fitness, Stoughton Hospital and Famous Yeti's Pizza.
    • High‑visibility 5‑acre site with 4‑court gymnasium hosting 120,000+ annual participants.
    • Additional buildable lot suitable for a 20‑unit residential building with underground parking.
    • Priced at just over $90/sq. ft., including land and the additional lot.
    • Located in thriving Stoughton, WI, a Midwest athletic hub.

    Overview

    Stoughton Wellness and Athletic Center (SWAC) is a 64,250-square-foot facility built to serve both training and community events. The property features a spacious lobby, elegant restrooms, and a four-court gymnasium designed for high participation, including league play and tournaments. On-site offerings include Anytime Fitness (with 2,000+ members), Stoughton Hospital, Stoughton Eye Care, Famous Yeti’s Pizza, Basecamp Arcade, and The Heights Banquet Hall, providing a mix of fitness, healthcare, and entertainment uses within the same complex. The property also includes 179 parking stalls, supporting day-to-day operations and event activity.

    Located on a high-visibility site in Stoughton at Highway 51 and 138, SWAC benefits from a prominent position in a thriving community. The listing also includes an additional lot that could likely accommodate a 20-unit residential building with underground parking, expanding the property’s long-term value proposition. The offering is presented with a stated cap rate of 7.5%.

    This asset is well-suited for buyers seeking a diversified, multi-tenant recreation and healthcare environment anchored by a major fitness operator. With multiple on-site destinations, the property may appeal to investors looking for operational variety, or owner-operators who want to run a consolidated wellness and entertainment campus. The included buildable lot offers added flexibility for future development planning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Similar Places Nearby

    • Community Building Gym 320 North St, Stoughton, WI 53589
    • Jill Izydor Yoga & Pilates E Main St, Stoughton, WI 53589
    • JTC Fitness Stoughton 209 S 6th St, Stoughton, WI 53589
    • Primal Strength And Fitness 318 S Forrest St, Stoughton, WI 53589
    • Cornerstone Spa and Salon 213 S Division St, Stoughton, WI 53589

    Map

    City
    Stoughton
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.248691
    Latitude
    42.9194

    FAQs

    What type of property is this?
    Fitness center & gym - High-visibility athletic hub combining gym, healthcare, dining, and entertainment under one roof with substantial parking.
    Where is this fitness center & gym located?
    The property is located at 2300 Highway 51 and 138 Stoughton, WI.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: High 7.5% cap rate investment opportunity.; **64,250 sq. ft. premier athletic and wellness center** with diverse tenant mix including Anytime Fitness, Stoughton Hospital and Famous Yeti's Pizza.; **High‑visibility 5‑acre site** with 4‑court gymnasium hosting 120,000+ annual participants.
    More about this property
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