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Property profile & analytics
OFF-MARKET Estimated value $1,180,000
Commercial real estate

156 Main St Oregon, WI 53575-1400

0.38 ac lot Built 1930
Trust Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US92-1323885
Property summary
AI-generated overview

This exceptional 9,778 square foot, two-story office building presents a unique leasing opportunity in the vibrant heart of Oregon, Wisconsin. Built in 1930, this charming property boasts a prime location offering excellent visibility and convenient access to downtown amenities, including nearby coffee shops. The building features seven individual suites, with one suite currently available, totaling 1,000 square feet. This space is ideal for a variety of businesses seeking a well-established presence in a thriving community. The property sits on a 0.53-acre lot and is zoned for Central Business use (Cntrl Biz), offering flexibility for various commercial ventures. The building features an 8-foot ceiling height and provides 1-10 parking spaces for tenants and their clients. The available 1,000 square feet is offered on a modified gross lease. This is a rare opportunity to secure office space in a highly desirable location within the Madison submarket cluster of Oregon. The property's traditional office layout can also accommodate coworking arrangements, making it a versatile option for various business models. The building's history and location combine to create a unique and attractive space for businesses seeking a blend of character and modern convenience. The APN is 0509-122-0137-1.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Lot 0.38 ac (16,466 SF)
APN 0509-122-0137-1
UPID US92-1323885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Stiklestad Trust · 9 yrs held
Stiklestad Trust
since 2017
Last sale
$1.0M
3 recorded transactions
2017
Price N/A
2015
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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