Garage-Shop Commercial
308 N Montgomery Street Dodgeville, WI 53533
For Sale
$225,000
COMMERCIAL - Dodgeville, WI
Property Size1,728 SF
Lot Size0.21 Acres
Price / SF$130.21
Days on Market44
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 Agency:
Potterton Rule Real Estate LLC
(608) 935-2396
Listed By:
Andrea Potterton
(608) 341-8045
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 23 at 12:06PM
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.
This commercial building measures 36' x 48' and is zero entry. It has been used most recently as a clean garage/shop and includes a one-stall toilet and a utility sink. The layout can be modified to add an office, or built out/modified to suit business needs, and there is also room for an addition.
The property includes two 8' x 10' garage doors with openers. It is described as extremely well insulated and served by 240V service.
With commercial zoning, the building is positioned as a flexible option for automotive or light commercial uses requiring overhead access and a service-oriented interior.
The property includes two 8' x 10' garage doors with openers. It is described as extremely well insulated and served by 240V service.
With commercial zoning, the building is positioned as a flexible option for automotive or light commercial uses requiring overhead access and a service-oriented interior.
Key Highlights
- 36' x 48' zero‑entry commercial building built in 2000
- Recently used as a clean garage/shop and can be modified for office or other business use
- Includes a one‑stall toilet and utility sink
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
NOI $24,716 @ 7.0% cap · market cap 10.98%
Second Best
Industrial
$130.3K
$114.1K – $152.1K
NOI $9,124 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$504.8K
$441.7K – $588.9K
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
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 - Zero-entry commercial building features two overhead garage doors, 240V service, and built-in 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; Recently used as a clean garage/shop and can be modified for office or other business use; Includes a one‑stall toilet and utility sink
