Professional Office
For Sale
$500,000
B-814 Main Street S, Holmen, WI 54636
Seven offices, two restrooms, a conference room, and open collaboration areas support a service-oriented workplace.
Property Size2,463 SF
Price / SF$203
Days on Market430
Property Features for B-814 Main Street S
General Information
Standard status
Active
Size
2,463 SF
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$7,764
Listing Agency:
RE/MAX Results
(608) 769-2326
Listed By:
Dan Stacey · License #5620094
(608) 769-2326
Source:
Exprealty
Added: Jun 27, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:58PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This 2,463-square-foot office unit is arranged for professional business operations within a condominium office property. The suite includes a private entrance from a bright foyer, a modern reception area with a tiered stone-accented desk, seven offices, two restrooms, an open collaboration area, and a dedicated conference room. Eleven-foot ceilings add volume throughout the interior.
The property is located at B-814 Main Street S in Holmen, Wisconsin, with on-site parking available for clients and staff. Association-covered maintenance provides a managed ownership structure for the office unit. The suite is offered for sale or lease and provides a finished layout for a professional service-related business.
The property is located at B-814 Main Street S in Holmen, Wisconsin, with on-site parking available for clients and staff. Association-covered maintenance provides a managed ownership structure for the office unit. The suite is offered for sale or lease and provides a finished layout for a professional service-related business.
Key Highlights
- 2,463 SF office unit in a condominium office property
- Seven offices, two restrooms, conference room, and open collaboration area
- Private suite entry opens from a bright, spacious foyer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,935
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,700
$518.7K
Cap Rate 7%
$370,500
$370.5K
Cap Rate 9%
$288,167
$288.2K
Market Conditions
NOI Build-Up for 2,463 SF
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.
Gross rent
$44.3K $18.00/SF
− Vacancy
−$9.8K −$3.96/SF
EGI
$34.6K $14.04/SF
− OpEx
−$8.6K −$3.51/SF
NOI
$25.9K $10.53/SF
Area
La Crosse County, WI
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,700
Cap Rate 7%
$370,500
Cap Rate 9%
$288,167
Alternative Uses
Best Use
Office B
$370.5K
$324.2K – $432.3K
NOI $25,935 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$538.7K
$471.3K – $628.4K
NOI $37,706 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 54636, WI
16,338
Population
6,517
Households
2.5
Avg Household Size
39
Median Age
35%
College-Educated
97%
High-School Grad
83.0 sq mi
ZIP Area
197
Density / Sq Mi
$91,156
Median Household Income
$47,699
Median Earnings
$1,145
Median Rent
$290,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Seven offices, two restrooms, a conference room, and open collaboration areas support a service-oriented workplace.
Where is this office units located?
The property is located at B-814 Main Street S Holmen, WI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,463 SF office unit in a condominium office property; Seven offices, two restrooms, conference room, and open collaboration area; Private suite entry opens from a bright, spacious foyer
