Building Details

Year Built 1950

Listing Agency: Redefined Realty Advisors LLC

Listed By: Craig Schmitz Show Phone

Source: Nikolicgroup

Added: Aug 17 Changed: Oct 4 Last Checked: Oct 5 at 8:27PM

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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 Redefined Realty Advisors LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines a three-bedroom, one-bathroom home with an attached commercial building featuring a kitchen. The existing configuration supports both residential occupancy and commercial restaurant or pub use, with the property currently leased to D&D Pub Pizza.

A dam on the property generates electrical power that is sold to Alliant Energy, and a transfer application is required. The site also overlooks the Rock River and Kekoskee Millpond from both sides of the property. It is located just outside the Horicon Wildlife area.

Key Highlights

• 3‑bedroom, 1‑bathroom home attached to a commercial building
• Commercial building includes a kitchen for restaurant or pub operations
• Currently leased to D&D Pub Pizza

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,127

Cap Rate

7.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,082,540 $1.1M

Cap Rate 7%

$773,243 $773.2K

Cap Rate 9%

$601,411 $601.4K

Market Conditions

NOI Build-Up for 3,965 SF

Gross rent

$75.2K $18.96/SF

− Vacancy

−$3.0K −$0.76/SF

EGI

$72.2K $18.20/SF

− OpEx

−$18.0K −$4.55/SF

NOI

$54.1K $13.65/SF

Area

Dodge County, WI

Vacancy

4.00%

Lease Rate

$18.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,082,540

Cap Rate 7%

$773,243

Cap Rate 9%

$601,411

Alternative Uses

Best Use

Specialty Retail

$773.2K

$676.6K – $902.1K (±1% cap)

NOI $54,127 @ 7.0% cap · market cap 7.73%

Second Best

Mixed Use

$573.5K

$501.8K – $669.1K (±1% cap)

NOI $40,146 @ 7.0% cap · market cap 5.74%

Theoretical Best

Office A

$861.3K

$753.7K – $1.00M (±1% cap)

NOI $60,293 @ 7.0% cap · market cap 8.61%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

D&D Pub Pizza Take-out & Catering

Suggested Use

Top Pick Auto Repair Shop Restaurant Bar & Pub

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

19

Businesses Nearby

1k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 100%

Marsh Groceries

1,492 visits/mo 0.2 miles

Demographics for 53050, WI

7,071

Population

3,120

Households

2.3

Avg Household Size

45

Median Age

17%

College-Educated

92%

High-School Grad

70.5 sq mi

ZIP Area

100

Density / Sq Mi

$69,818

Median Household Income

$45,844

Median Earnings

$860

Median Rent

$195,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Attached residential quarters and commercial facilities support a combined live-work configuration.

Where is this mixed-use property located?

The property is located at 41 Main St Mayville, WI.

What is the asking price?

The asking price for this property is $699,900.

What are key features of this property?

This property features: 3‑bedroom, 1‑bathroom home attached to a commercial building; Commercial building includes a kitchen for restaurant or pub operations; Currently leased to D&D Pub Pizza