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586 N Main Street Richland Center, WI 53581 Commercial - Business Offer-Show

  • 586 N Main Street, Richland Center, WI 53581 Main Photo

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Description

Prime redevelopment opportunity in the heart of Downtown Richland Center. The Old Jefferson School offers approximately 23,468 sq ft in an unbeatable walkable location near bars, restaurants, shops, the hospital, and downtown amenities. This ADA-compliant all-brick landmark is ready for its next chapter, with potential for apartments, senior living, mixed-use redevelopment, community space, and countless other investment opportunities. Seller indicates the building could accommodate up to 18 units. Features include a large cafeteria/gym area, a full kitchen, shared student bathrooms, a boiler-heating system throughout, an updated pitched roof in 2018, a playground area, and additional space for expanded parking. A rare opportunity to revitalize a historic property while potentially exploring grants, tax credits, or redevelopment assistance programs for community-focused projects.

Property Highlights

Property Type: Commercial - Business
Year Built: 1986

General Information

County: Richland
Listed By:
First Weber Inc HomeInfo@firstweber.com
SCWMLS
$650,000
Est. $4,297/mo

Listing Courtesy of: First Weber Inc
Agency Contact: HomeInfo@firstweber.com
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Offer-Show
SQUARE FEET23,468 MLS#2023269
STATUSOffer-Show PROPERTY TYPECommercial - Business

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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586 N Main Street, Richland Center, WI 53581.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $650,000$650,000$650,000
Down Payment $130,000$22,750$162,500
Monthly Mortgage Amount $3,202$3,930$4,016
Taxes $905$905$905
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,297$5,311$5,111

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