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Medical Office Building with New Roof
New
For Sale
$299,000

36 N Johnson St, Hartford, WI 53027

COMMERCIAL - Hartford, WI

Property Size1,868 SF
Lot Size0.02 Acres
Price / SF$160.06
Days on Market2

Property Features for 36 N Johnson St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-3
Directions From Highway 60 Turn North onto Johnson St, about halfway through the block the building is in the middle of the parking lot next to Perc Place rear entrance.
Standard status Active
APN 36_2001005026
Size 1,868 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2941

Building Details

Year built 1994
Architectural style Other
Listing Agency: Homestead Realty, Inc
Listed By: Wendy Wendorf · License #90518-94
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 10:06PM
MLS# 1974821

Copyright © 2026 Metro MLS. 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 1,868-square-foot medical office property was built in 1994 and is currently occupied under an existing lease. Recent improvements include a new roof and additional updates to the building. The property is offered for sale separately from the operating business, and any sublease arrangement would remain subject to the current lease terms.

Located at 36 N Johnson St in downtown Hartford, the property offers exposure to both pedestrian and vehicle activity. B-3 zoning supports its established commercial setting. The compact 0.02-acre parcel contains the existing office improvement, providing an operating medical-office asset in Washington County.

Key Highlights

  • 1,868 SF medical office property built in 1994
  • Existing lease is in place with occupied space
  • New roof and other recent building updates

Financial Insights For Office B

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 $46.4k $24.84
− Vacancy −$11.0k −$5.88
EGI $35.4k $18.96
− OpEx −$8.9k −$4.74
NOI $26.6k $14.22
1,868 SF · lease $24.84/SF/yr · vacancy 23.68% · expense 25.00%

Alternative Uses

Best Use
Office B
$379.4K
$332.0K – $442.7K (±1% cap)
NOI $26,560 @ 7.0% cap · market cap 8.88%
Second Best
Healthcare Medical
$348.0K
$304.5K – $406.0K (±1% cap)
NOI $24,361 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$513.5K
$449.4K – $599.1K (±1% cap)
NOI $35,948 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53027, WI

23,254
Population
10,091
Households
2.3
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
91.0 sq mi
ZIP Area
256
Density / Sq Mi
$85,708
Median Household Income
$50,853
Median Earnings
$1,113
Median Rent
$290,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Occupied downtown property with B-3 zoning and recent building updates.
Where is this medical office space located?
The property is located at 36 N Johnson St Hartford, WI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,868 SF medical office property built in 1994; Existing lease is in place with occupied space; New roof and other recent building updates
More about this property
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