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    156 Main St Oregon, WI 53575

    For Sale
    $1,300,000

    Seven-unit building, fully leased, high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property, located at 156 N Main St in Oregon, Wisconsin, presents a lucrative investment opportunity. The 1930-built, two-story building sits on a 0.53-acre lot (APN: 0509-122-0137-1) and is zoned for Central Business use. The building comprises seven units: four commercial spaces on the ground floor and three apartments on the second floor, creating a diversified tenant base and stable income stream. The property is currently fully leased. Significant improvements totaling over $150,000 have been completed within the last four years, including a new roof, tuckpointing, boiler replacements, exterior work, and painting. Its prime location in downtown Oregon offers easy access to amenities and is conveniently situated next to public parking. An adjacent vacant lot is also available for purchase, providing the potential for expansion or additional revenue. This turnkey investment offers a strong return on investment with minimal immediate maintenance needs. The asking price for this exceptional property is $1,300,000.

    Property Features for 156 Main St

    General Information

    Property type
    Office space
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1930
    Buildings
    1
    Stories
    2
    Units
    7

    HighLights

    • $1,300,000 asking price.
    • Mixed‑use property with 7 units (4 commercial, 3 residential).
    • Located at 156 N Main St, Oregon, WI 53575.
    • 0.53‑acre lot in Dane County.
    • 1930 construction, 2‑story building.
    • Central Business zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oregon
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.383691
    Latitude
    42.9272153

    Nearby Comparable

    • $1,300,000

      Mixed-Use Building in Oregon Heart

      Fully leased mixed-use building with diversified tenant pool.
      156 North Main St, Oregon, WI 53575
      View Details
    • $10,475,000
      80,600 SF

      Highway 138 Commercial Investment Opportunity

      High-return commercial property with expansion potential.
      4645 Hwy, Oregon, WI 53575
      View Details

    Nearby Similar for Sale

    • $1,300,000

      Mixed-Use Building in Oregon Heart

      Fully leased mixed-use building with diversified tenant pool.
      156 North Main St, Oregon, WI 53575
      View Details
    • $10,475,000
      80,600 SF

      Highway 138 Commercial Investment Opportunity

      High-return commercial property with expansion potential.
      4645 Hwy, Oregon, WI 53575
      View Details

    FAQs

    What type of property is this?
    Office space - Seven-unit building, fully leased, high ROI.
    Where is this office space located?
    The property is located at 156 Main St Oregon, WI.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1,300,000 asking price.; Mixed-use property with 7 units (4 commercial, 3 residential).; Located at 156 N Main St, Oregon, WI 53575.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 Main St Oregon, WI 53575
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