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Mixed-Use Property With Five Units
New
For Sale
$450,000

445 W Main Street, Dickeyville, WI 53808

COMMERCIAL - Dickeyville, WI

Property Size2,902 SF
Lot Size0.35 Acres
Price / SF$155.07
Days on Market5

Property Features for 445 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2 Comm
Interior features Residential unit(s)
Lot features Business district, Corner, High Traffic Location, High Visibility, Near Major Highway, Residential area
Directions Rt 151 to US-61 to Center Rd.
Subdivision DICKEYVILLE - V
Standard status Active
APN 116-00106-0000
Size 2,902 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3190

Amenities

washer/dryer
window A/C
furnace
central A/C
on-site parking

Building Details

Year built 1900
Number of units 5
Roof type Shingle
Listing Agency: Real Broker LLC
Listed By: Liz Abramsky
Added: Aug 1 Changed: Aug 5 Last Checked: Aug 5 at 11:06PM
MLS# 2025723

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 mixed-use property contains 2,902 square feet on two parcels totaling 0.35 acres. The building includes five occupied apartments and a separate commercial storefront. Apartment layouts comprise two 1-bedroom units and three 2-bedroom units, each with one bathroom. Washer and dryer appliances are provided throughout, with window A/C units in the apartments. The storefront includes a half bath, washer, dryer, furnace, and central A/C.

Built in 1900, the property has a shingle roof and on-site parking for residents and commercial customers. The building is located at 445 W Main Street in Dickeyville, Wisconsin, with access positioned minutes from Highway 151. Zoning is B2 Comm, and the property includes residential unit(s) within its mixed-use configuration.

Key Highlights

  • Five occupied apartments plus an additional commercial storefront
  • 2,902 square feet on 0.35 acres across two parcels
  • Apartment mix includes two 1‑bedroom and three 2‑bedroom units

Financial Insights For Retail

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 $55.0k $18.96
− Vacancy −$1.4k −$0.49
EGI $53.6k $18.47
− OpEx −$16.1k −$5.54
NOI $37.5k $12.93
2,902 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$535.9K
$468.9K – $625.2K (±1% cap)
NOI $37,514 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$334.8K
$293.0K – $390.6K (±1% cap)
NOI $23,436 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$803.4K
$703.0K – $937.3K (±1% cap)
NOI $56,238 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Hair Chalet Hair Salon

Suggested Use

Top Pick Auto Parts Store Storage Facility Butcher Dental Office Big Box & Wholesale Store Veterinary Clinic

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

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 53808, WI

1,041
Population
423
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
416
Density / Sq Mi
$67,500
Median Household Income
$40,441
Median Earnings
$699
Median Rent
$183,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - B2 Comm property combines occupied apartments with an additional commercial storefront.
Where is this mixed-use property located?
The property is located at 445 W Main Street Dickeyville, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Five occupied apartments plus an additional commercial storefront; 2,902 square feet on 0.35 acres across two parcels; Apartment mix includes two 1‑bedroom and three 2‑bedroom units
More about this property
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