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Zero-Entry Garage/Shop Building

308 N Montgomery Street Dodgeville, WI 53533

308 N Montgomery Street, Dodgeville, WI, 53533
$225,000
For Sale
Claim this Listing
$225,000

COMMERCIAL - Dodgeville, WI

Property Size1,728 SF
Lot Size0.21 Acres
Price / SF$130.21
AddedJun 10
Days on Market36
Last RefreshJul 15 at 9:06 am

Property Features for 308 N Montgomery Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
216-0342
Size
1,728 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1404

Building Details

Year built
2000
Number of units
1
Roof type
Shingle

Listing agent Andrea Potterton

Listing office Potterton Rule Real Estate LLC 158 N Iowa St, Dodgeville, WI

Listing date Jun 10, 2026

MLS# 2022612

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.

A rare 36' x 48' zero-entry commercial building currently used as a clean garage/shop. The interior includes a one-stall toilet and a utility sink, with the space laid out to allow modifications such as adding an office. The property also has room for an addition. Two 8' x 10' garage doors with openers provide loading and access for shop operations.

The building is well insulated and served by 240V service. Heating and cooling costs are described as very low due to the insulation.

Zoned Commercial, the property is offered for sale and totals approximately 1,728 square feet on a 0.21-acre lot.

Key Highlights

  • 36' x 48' zero‑entry commercial building built in 2000
  • Two 8' x 10' garage doors with openers
  • 240V service and very well insulated for low monthly heating and cooling costs

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $13.5k $7.80
− Vacancy −$445 −$0.26
EGI $13.0k $7.54
− OpEx −$3.9k −$2.26
NOI $9.1k $5.28
1,728 SF · lease $7.80/SF/yr · vacancy 3.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$353.1K
$309.0K – $411.9K (±1% cap)
NOI $24,716 @ 7.0% cap · market cap 10.98%
Second Best
Industrial
$130.3K
$114.1K – $152.1K (±1% cap)
NOI $9,124 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$504.8K
$441.7K – $588.9K (±1% cap)
NOI $35,334 @ 7.0% cap · market cap 15.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Electrical Service Spa & Massage Center Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Barber Shop Cafe & Coffee Shop

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

Similar Off Market Nearby

  • Randy's Service & Towing — 405 N Iowa St, Dodgeville, WI 53533
  • Fused Window Tinting — 512 E Division St, Dodgeville, WI 53533
  • Walmart Auto Care Centers — 601 E Leffler St, Dodgeville, WI 53533
  • Tuner World LLC — 109 S Union St, Dodgeville, WI 53533
  • Randy L Hildreth — 418 N Iowa St, Dodgeville, WI 53533

FAQs

What type of property is this?
Auto shop - Small commercial building with two 8' x 10' garage doors, 240V service, and a restroom with utility sink.
Where is this auto shop located?
The property is located at 308 N Montgomery Street Dodgeville, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 36' x 48' zero‑entry commercial building built in 2000; Two 8' x 10' garage doors with openers; 240V service and very well insulated for low monthly heating and cooling costs
Contact an agent
More about this property
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