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Historic School Redevelopment Opportunity
For Sale
$650,000

586 N Main St, Richland Center, WI 53581

Redevelopment opportunity in downtown Richland Center near amenities.

Property Size23,468 SF
Price / SF$27.70
Days on Market104

Property Features for 586 N Main St

General Information

Standard status Active
Size 23,468 SF
Listing Agency: First Weber Inc
Listed By: Tommy Van Ess · License #5668990
Source: Exprealty
Added: May 14 Changed: Aug 23 Last Checked: Aug 24 at 1:19PM

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 First Weber Inc

Investment Insights

Based on property information with market context.

Located in downtown Richland Center, the Old Jefferson School presents a redevelopment opportunity. This all-brick landmark offers approximately 23,468 sq ft in a walkable location near bars, restaurants, shops, the hospital, and downtown amenities. The ADA-compliant building features a large cafeteria/gym area, a full kitchen, shared student bathrooms, and a boiler-heating system throughout. The roof was updated in 2018. The property includes a playground area and additional space for expanded parking. The seller indicates the building could accommodate up to 18 units. Potential uses include apartments, senior living, mixed-use redevelopment, and community space. The property may qualify for grants, tax credits, or redevelopment assistance programs for community-focused projects.

Key Highlights

  • Prime redevelopment opportunity in the heart of Downtown Richland Center.
  • Unbeatable walkable location near bars, restaurants, shops, the hospital, and downtown amenities.
  • Large 23,468 sq ft ADA‑compliant all‑brick landmark building.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Big Box & Wholesale Store Plumbing Service HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Storage Facility

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

557
Businesses Nearby

Demographics for 53581, WI

10,024
Population
5,012
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
232.4 sq mi
ZIP Area
43
Density / Sq Mi
$59,630
Median Household Income
$38,854
Median Earnings
$722
Median Rent
$180,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Redevelopment opportunity in downtown Richland Center near amenities.
Where is this school located?
The property is located at 586 N Main St Richland Center, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime redevelopment opportunity in the heart of Downtown Richland Center.; Unbeatable walkable location near bars, restaurants, shops, the hospital, and downtown amenities.; Large 23,468 sq ft ADA‑compliant all‑brick landmark building.
More about this property
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