Listing Courtesy of: Elevate Estates Realty Co.
Listing Agent: Sam Eifert
608-279-8012
Showings to begin 9/10/2026. Prime mixed-use investment opportunity in the heart of Downtown Stoughton! This versatile Main Street property offers two separate street-level commercial storefronts, each with its own entrance and an interior connecting door—providing the flexibility to operate as two individual spaces or combine into one larger footprint. Upstairs, a spacious 2-bedroom apartment is currently rented, while a recently refurbished studio apartment offers additional income potential. At the rear of the property, the unique space affectionately known as “The Barn” provides substantial additional square footage with possibilities for storage or future expansion, including potential for an additional residential unit with significant renovation and applicable approvals. A rare opportunity combining commercial visibility, residential income and future potential in vibrant Downtown Stoughton!
| Mls #: | 2023499 |
|---|---|
| List Price: | $499,000 |
| Class: | Business/Commercial |
| Status: | Active |
| Net Taxes: | $7,096 |
| Est. Total Acres: | 0.121 |
| Municipality: | Stoughton |
| County: | Dane |
| ZIP: | 53589 |
| Year Built: | 1890 |
| Total Units/Bldg.: | 4 |
| Location: | Stoughton-C |
| State: | WI |
| Price Per Sqft: | $94.67 |
| C/T/V: | City |
| Re Sale: | Yes |
| Business Sale: | No |
| Lease Only: | No |
| U2 Renewal Option: | Yes |
| U3 Renewal Option: | Yes |
| U2 Lease Type: | M2M |
| U2 Lease Exp. Date: | Rolling |
| Zoning: | B-Comm |
| Approx. Bldg. Dimen.: | 44x80 |
| Onsite Parking: | 2 |
| U1 Lease Type: | Vacant |
| U1 Lease Exp. Date: | NA |
| U3 Lease Type: | M2M |
| U3 Lease Exp. Date: | Rolling |
| Ceiling Height Min: | 10 |
| Ceiling Height Max: | 10 |
| Total Assess Year: | 2026 |
| Tax Year: | 2025 |
| Street Frontage: | 44 |
| Income/Expenses Year: | 0 |
| # Of Stories: | 2 |
| Land Assess: | $35,400 |
| Improvements: | $405,100 |
| Total Assess: | $440,500 |
| Bldg Gross Sq Ft: | 5,271 |
| Net Operating Income: | $4,288 |
| U1 Base Annual Rent: | $12,360 |
| U1 Annual Rent/Sq Ft: | $0.90 |
| Source Of Est. Acres: | Assessor |
| Source Of Year Built: | Assessor |
| County Qtr Section: | Dane SE |
| Parcel Id: | 0511-081-3371-6 |
| U1 Gross Sq Ft: | 1,150 |
| U2 Base Annual Rent: | $8,820 |
| U3 Base Annual Rent: | $15,000 |
| U1 Other Fees/Sq Ft: | $222.00 |
| Type: | Retail, Office, Service, Apartment building, Other |
| Location: | Business district, Near Major Highway |
| Present Use: | Retail, Service, Apartment building |
| Exterior: | Brick |
| Roofing: | Metal, Partially flat, Rubber/membrane |
| Water/Waste: | Municipal sewer, Municipal water |
| Heating/Cooling: | Radiant, Window AC |
| Fuel: | Electric, Natural gas |
| Building Parking: | 1-5 spaces, Onsite, Paved, Concrete, Covered parking |
| Licenses: | None |
| Sale Includes: | N/A |
| Documents On File: | Lease(s) |
| Tenant Pays: | All expenses |
| Lease Type: | Mixed lease types |
| Features: | Private Restrooms, Residential unit(s) |
| Miscellaneous: | Internet - Cable |
| Occupancy: | Tenant(s) |
| Basement: | Full, Other foundation |
| Directions: | US-51 into Stoughton. Property across from clock tower/fire house, N side of road. |
| Items Included: | All appliances in residential units. |
| Items Excluded: | Seller & Tenant personal property. |
The data on this website relating to real estate for sale comes in part from the IDX Program of the South Central Wisconsin Multiple Listing Service.
All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.
© 2026 South Central Wisconsin Multiple Listing Service.
South Central Wisconsin Multiple Listing Service data last updated on October 08, 2026 04:11 PM - CT.
Property Last Updated: October 08, 2026 04:11 PM - CT
