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Property profile & analytics
OFF-MARKET
Commercial real estate

234 State St Mauston, WI 53948-1356

Entity Owned 1-yr Hold Free & Clear
Property ID
US92-3114007
Property summary
AI-generated overview

This exceptional mixed-use property at 234 W State St, Mauston, WI 53948 presents a unique investment opportunity. The 7,280 square foot building, constructed in 1915, boasts three stories and sits on a 0.63-acre lot. Currently configured as a single-tenant creative office space, it offers significant versatility. The main level features a grand room ideal for large events, while the lower level includes an industrial kitchen and ample business space with multiple windows. Both the main and upper levels include a dining room, kitchen, and full bathroom. Recent improvements include two new furnaces and ductwork, along with a $200,000 roof repair and update. The sale price of $299,900 includes the adjacent lot, providing additional parking possibilities. The property is zoned G2 and offers a compelling blend of historic charm and modern functionality. This owner-user investment is perfect for those seeking a unique space with high upside potential in a thriving business district. The building's size, layout, and recent renovations make it an attractive option for a variety of uses. Don't miss this chance to own a piece of Mauston's history.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 292511293
UPID US92-3114007
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Open Conduit LLC · 1 yrs held
Open Conduit LLC
since 2025
Last sale
$297,400
3 recorded transactions
2025
$297,400
2022
$294,000
2016
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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