Insulated Flex Building with Garage
For Sale
$225,000
308 N Montgomery Street, Dodgeville, WI 53533
COMMERCIAL - Dodgeville, WI
Property Size1,728 SF
Lot Size0.21 Acres
Price / SF$130.21
Days on Market57
Property Features for 308 N Montgomery Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Lot features
Free standing
Directions
Hwy 18 W to Dodgeville, L at 2nd light (N Bequette St), R on Diagonal St and then first immediate left and property is off the alley.
Subdivision
DODGEVILLE - C
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: Aug 5
Last Checked: Aug 5 at 11:06PM
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 1,728-square-foot flex building on 0.21 acres offers a 36-by-48-foot footprint and a zero-entry layout. Built in 2000, the property includes a toilet, utility sink, shingle roof, and interior space that can be reconfigured for office use or other business requirements. Room remains available for a future addition.
Two 8-by-10-foot overhead garage doors with openers provide vehicle access. The building has 240V electrical service and substantial insulation, while its commercial zoning supports the property’s current and potential business-oriented use. Located at 308 N Montgomery Street in Dodgeville, Wisconsin.
Two 8-by-10-foot overhead garage doors with openers provide vehicle access. The building has 240V electrical service and substantial insulation, while its commercial zoning supports the property’s current and potential business-oriented use. Located at 308 N Montgomery Street in Dodgeville, Wisconsin.
Key Highlights
- 1,728‑square‑foot flex building on 0.21 acres
- 36‑by‑48‑foot building with zero‑entry access
- Two 8‑by‑10‑foot garage doors with openers
Financial Insights For Flex RnD
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 | $22.8k | $13.20 |
| − Vacancy | −$684 | −$0.40 |
| EGI | $22.1k | $12.80 |
| − OpEx | −$7.7k | −$4.48 |
| NOI | $14.4k | $8.32 |
1,728 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$205.4K
$179.8K – $239.7K
NOI $14,381 @ 7.0% cap · market cap 6.39%
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53533, WI
7,306
Population
3,557
Households
2.1
Avg Household Size
44
Median Age
31%
College-Educated
95%
High-School Grad
142.1 sq mi
ZIP Area
51
Density / Sq Mi
$82,731
Median Household Income
$48,228
Median Earnings
$976
Median Rent
$255,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Commercial zoning, utility service, and an adaptable interior support varied business configurations.
Where is this flex space 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: 1,728‑square‑foot flex building on 0.21 acres; 36‑by‑48‑foot building with zero‑entry access; Two 8‑by‑10‑foot garage doors with openers
