Mixed-Use Commercial
8 Commerce Street Mineral Point, WI 53565
For Sale
$395,000
COMMERCIAL - Mineral Point, WI
Property Size2,624 SF
Lot Size0.75 Acres
Price / SF$150.53
Days on Market11
Property Features for 8 Commerce Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Interior features
- Overhead doors, Public rest rooms, Shared Restrooms, 440+ volt, Reception area, Inside storage, Outside storage, Private office(s)
- Standard status
- Active
- APN
- 251-0851
- Size
- 2,624 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5044
Building Details
- Year built
- 2008
- Number of units
- 3
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency:
1st Advantage Real Estate
(608) 341-7017
Listed By:
Wendy Kearns · License #81810-94
(608) 574-5284
Added: Jul 13
Changed: Jul 23
Last Checked: Jul 23 at 9:06PM
MLS# 1990710
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 commercial property includes three buildings and an open layout designed to support flexible interior planning. The main building features radiant floor heat, and tubing is ready to be hooked up in the 2-car garage. The property also offers multiple options for storage and may accommodate living-quarters concepts, with blueprints available for review. Measurements are approximate, and any intended use is subject to zoning confirmation by the buyer.
The site is located in the historical commercial district in Mineral Point and sits directly across the street from the Cheese Country ATV/Snowmobile Trail, supporting convenient access and visibility.
With the existing configuration of three buildings, radiant heat in the main building, and ready-to-connect garage tubing, the property can be evaluated for retail, office, gallery, cafe, or other business uses consistent with applicable zoning.
The site is located in the historical commercial district in Mineral Point and sits directly across the street from the Cheese Country ATV/Snowmobile Trail, supporting convenient access and visibility.
With the existing configuration of three buildings, radiant heat in the main building, and ready-to-connect garage tubing, the property can be evaluated for retail, office, gallery, cafe, or other business uses consistent with applicable zoning.
Key Highlights
- 3‑building commercial property built in 2008 with an open layout and a reception area
- Radiant floor heat in the main building, plus overhead doors for access/storage
- Reception and private office(s), with public/shared rest rooms on‑site
Financial Insights For Mixed Use
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 | $63.0k | $24.00 |
| − Vacancy | −$5.0k | −$1.92 |
| EGI | $57.9k | $22.08 |
| − OpEx | −$21.7k | −$8.28 |
| NOI | $36.2k | $13.80 |
2,624 SF · lease $24.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$632.4K
$553.3K – $737.8K
NOI $44,266 @ 7.0% cap · market cap 11.21%
Second Best
Retail
$536.2K
$469.2K – $625.5K
NOI $37,532 @ 7.0% cap · market cap 9.50%
Theoretical Best
Office A
$766.5K
$670.7K – $894.3K
NOI $53,656 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Three-building commercial property with radiant floor heat and an open layout, plus a garage with tubing ready for connection.
Where is this live-work space located?
The property is located at 8 Commerce Street Mineral Point, WI.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 3‑building commercial property built in 2008 with an open layout and a reception area; Radiant floor heat in the main building, plus overhead doors for access/storage; Reception and private office(s), with public/shared rest rooms on‑site
