40
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$595,000
Est. payment /mo
23,468 SqFt
Price Dropped by $55K
586 N Main Street Richland Center, WI 53581
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Daniel Bertelson
danielbertelsonbroker@chime.meUPDATED:
Key Details
Property Type Commercial
Sub Type School
Listing Status Active
Purchase Type For Sale
Square Footage 23,468 sqft
Price per Sqft $25
MLS Listing ID 2023269
Year Built 1986
Tax Year 2025
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type School
Property 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.
Location
State WI
County Richland
Zoning R-5
Rooms
Basement Poured Concrete
Interior
Heating Natural Gas, Electric
Building
Story 1
Sewer Municipal Water, Municipal Sewer
New Construction N
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Listed by First Weber Inc
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Daniel Bertelson