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Live-Work Building with Display Windows

26 E Main Street Evansville, WI 53536

26 E Main Street, Evansville, WI, 53536

$319,000

For Sale

$319,000

COMMERCIAL - Evansville, WI

Property Size2,714 SF

Lot Size0.09 Acres

Price / SF$117.54

AddedMar 31

Days on Market107

Last RefreshJul 15 at 7:06 pm

Property Features for 26 E Main Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: B-2
Parking features: Offsite
Interior features: Alley
Standard status: Active
APN: 222 001002
Size: 2,714 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 2661

Building Details

Year built: 1880
Number of units: 3
Roof type: Composition

Listing agent Chris Helgesen License #45162-90

Listing office Century 21 Affiliated 7 W Main St, Madison, WI

Listing date Mar 31, 2026

MLS# 2009385

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 live-work building totals approximately 2,714 square feet and is currently configured for residential use with two separate living areas. The first floor features large display windows, maple flooring, an office, laundry, a step-up half bath, a small bedroom, and a kitchen, with access to a two-car garage via an exterior exit. The second floor includes additional bedrooms along with a spacious living room, kitchen, and laundry.

The property has previously been used as beauty salons, retail shops, a craft store, and an antique store. Exterior updates include replaced windows, a new roof dated 8/2025, and new vinyl siding on the east side dated 9/2025, while the interior is noted as needing updates and some additional care. Utilities are not separated.

Zoned B-2, the property is offered for sale with 48-hour notice required for showings. Room sizes and measurements are approximate and the buyer is responsible for verification of all material details.

Key Highlights

Over 2,700 sq. ft. building in Downtown Evansville currently used as a residence with 2 living areas
Year built 1880 with composition roof; several windows replaced
1st floor includes large display windows, maple flooring, office, laundry, 1/2 bath, small bedroom and kitchen, plus exit to a 2‑car garage

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$32.6k	$12.00
− Vacancy	−$2.6k	−$0.96
EGI	$30.0k	$11.04
− OpEx	−$11.2k	−$4.14
NOI	$18.7k	$6.90

2,714 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 37.50%

Alternative Uses

Best Use

Office B

$510.0K

$446.2K – $595.0K (±1% cap)

NOI $35,699 @ 7.0% cap · market cap 11.19%

Second Best

Mixed Use

$267.5K

$234.1K – $312.1K (±1% cap)

NOI $18,727 @ 7.0% cap · market cap 5.87%

Theoretical Best

Office A

$652.2K

$570.7K – $760.9K (±1% cap)

NOI $45,654 @ 7.0% cap · market cap 14.31%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Weirdo Thrift Discount Store

Suggested Use

For sale
Live-work space
WI
Evansville
53536
26 E Main Street

What type of property is this?

Live-work space - Two-story live-work property with large first-floor display windows and two on-site living units, plus a two-car garage exit.

Where is this live-work space located?

The property is located at 26 E Main Street Evansville, WI.

What is the asking price?

The asking price for this property is $319,000.

What are key features of this property?

This property features: Over 2,700 sq. ft. building in Downtown Evansville currently used as a residence with 2 living areas; Year built 1880 with composition roof; several windows replaced; 1st floor includes large display windows, maple flooring, office, laundry, 1/2 bath, small bedroom and kitchen, plus exit to a 2‑car garage