Mixed-Use Property with Attached
For Sale
$212,900
475 S Main St, Fond du Lac, WI 54935
C-2-zoned building combines commercial space with a two-bedroom residence and on-site parking.
Property Size1,401 SF
Price / SF$151.96
Days on Market15
Property Features for 475 S Main St
General Information
Standard status
Active
Size
1,401 SF
Property subtype
Commercial
Zoning
C-2
Site & Location
Corner Location
Yes
Mixed-Use Components
retail, residential
Amenities
lobby
wash stations
breakroom
half bath
attached 2-car garage
extra parking
illuminated business sign
full basement
walk-up attic
Building Details
Year Built
1921
Listing Agency:
Adashun Jones Real Estate
Listed By:
Kevin Jones · License #91833299
(920) 251-6748
Source:
Viewhomesinwisconsin
Added: Oct 19
Changed: Nov 1
Last Checked: Nov 1 at 6:02AM
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 Adashun Jones Real Estate
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Investment Insights
Based on property information with market context.
This 1,401-square-foot mixed-use property in Fond du Lac contains 834 square feet of commercial area and an upper-level residence with two bedrooms and one bathroom. The former salon layout includes an open lobby, wash stations, a breakroom, and a half bath. The residence has refinished hardwood flooring, an updated kitchen and bathroom, and fresh interior paint. Building improvements include a newer roof, vinyl siding, a newer furnace and water heater, and HVAC equipment. A full basement and walk-up attic provide additional storage.
The property occupies a corner lot near downtown Fond du Lac, shopping, and dining. C-2 zoning, an attached two-car garage, additional parking, and an illuminated business sign are also included.
The property occupies a corner lot near downtown Fond du Lac, shopping, and dining. C-2 zoning, an attached two-car garage, additional parking, and an illuminated business sign are also included.
Key Highlights
- 1,401‑square‑foot mixed‑use property with 834 square feet of commercial space
- Upper residence has 2 bedrooms and 1 bathroom
- Former salon layout includes wash stations, breakroom, and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,634
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,680
$212.7K
Cap Rate 7%
$151,914
$151.9K
Cap Rate 9%
$118,156
$118.2K
Market Conditions
NOI Build-Up for 1,401 SF
Gross rent
$18.5K $13.20/SF
− Vacancy
−$1.5K −$1.06/SF
EGI
$17.0K $12.14/SF
− OpEx
−$6.4K −$4.55/SF
NOI
$10.6K $7.59/SF
Area
Fond du Lac County, WI
Vacancy
8.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,680
Cap Rate 7%
$151,914
Cap Rate 9%
$118,156
Alternative Uses
Best Use
Mixed Use
$151.9K
$132.9K – $177.2K
NOI $10,634 @ 7.0% cap · market cap 4.99%
Second Best
Retail
$90.2K
$78.9K – $105.2K
NOI $6,314 @ 7.0% cap · market cap 2.97%
Theoretical Best
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,500 @ 7.0% cap · market cap 44.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Kwik Trip
Shops & Services
19,000 visits/mo
0.1 miles
BP
Shops & Services
2,397 visits/mo
0.1 miles
Citgo
Shops & Services
1,370 visits/mo
0.4 miles
Demographics for 54935, WI
42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - C-2-zoned building combines commercial space with a two-bedroom residence and on-site parking.
Where is this mixed-use property located?
The property is located at 475 S Main St Fond du Lac, WI.
What is the asking price?
The asking price for this property is $212,900.
What are key features of this property?
This property features: 1,401‑square‑foot mixed‑use property with 834 square feet of commercial space; Upper residence has 2 bedrooms and 1 bathroom; Former salon layout includes wash stations, breakroom, and half bath
