Mixed-Use Commercial
For Sale
Contact for pricing
303 E Wisconsin, Portage, WI 53901
Commercial space with street visibility on the main level, plus a first-floor nonprofit tenant responsible for utilities and lawn/snow.
Property Size1,936 SF
Price / SF$129.13
Days on Market178
Property Features for 303 E Wisconsin
General Information
Standard status
Active
Size
1,936 SF
Property subtype
Retail, Office, Land, Multifamily
Zoning
Commercial
Net Operating Income
$8,638
Building Details
Year Built
1900
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
RE/MAX Preferred
Listed By:
Joe Voell · License #WI 94-75924
(608) 234-7208
Source:
Crexi
Added: Apr 30
Changed: Oct 15
Last Checked: Oct 23 at 5:18AM
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 RE/MAX Preferred
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.
This mixed-use property offers a commercial space on the main level with street visibility. The layout is described as flexible for retail, office, or service-based uses.
The building is positioned in a downtown setting at 303 E Wisconsin St in Portage. The first-floor tenant is a nonprofit group, and the tenant pays all utilities as well as lawn and snow. The public remarks also note that the space is occupied under an in-kind donation.
For buyers seeking a property with both an operating commercial component and an existing first-floor tenant arrangement, this asset presents a straightforward configuration centered on street-facing main-level space.
The building is positioned in a downtown setting at 303 E Wisconsin St in Portage. The first-floor tenant is a nonprofit group, and the tenant pays all utilities as well as lawn and snow. The public remarks also note that the space is occupied under an in-kind donation.
For buyers seeking a property with both an operating commercial component and an existing first-floor tenant arrangement, this asset presents a straightforward configuration centered on street-facing main-level space.
Key Highlights
- 303 E Wisconsin St in Portage offers mixed‑use potential with commercial space on the main level
- Main‑level commercial space has street visibility for retail, office, or service‑based businesses
- First‑floor tenant is a nonprofit group occupying space under an in‑kind donation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,000
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,000
$460.0K
Cap Rate 7%
$328,571
$328.6K
Cap Rate 9%
$255,556
$255.6K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$41.8K $21.60/SF
− Vacancy
−$5.0K −$2.59/SF
EGI
$36.8K $19.01/SF
− OpEx
−$13.8K −$7.13/SF
NOI
$23.0K $11.88/SF
Area
Columbia County, WI
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,000
Cap Rate 7%
$328,571
Cap Rate 9%
$255,556
Alternative Uses
Best Use
Mixed Use
$328.6K
$287.5K – $383.3K
NOI $23,000 @ 7.0% cap · market cap 9.20%
Second Best
Retail
$282.7K
$247.4K – $329.9K
NOI $19,791 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$434.9K
$380.6K – $507.4K
NOI $30,446 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Dollar General
Shops & Services
6,362 visits/mo
0.2 miles
Pizza Hut
Dining
4,565 visits/mo
0.1 miles
Shell
Shops & Services
3,690 visits/mo
0.3 miles
Associated Bank
Shops & Services
2,506 visits/mo
0.1 miles
Napa Auto Parts
Shops & Services
1,896 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space with street visibility on the main level, plus a first-floor nonprofit tenant responsible for utilities and lawn/snow.
Where is this mixed-use property located?
The property is located at 303 E Wisconsin Portage, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 303 E Wisconsin St in Portage offers mixed‑use potential with commercial space on the main level; Main‑level commercial space has street visibility for retail, office, or service‑based businesses; First‑floor tenant is a nonprofit group occupying space under an in‑kind donation
