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586 N Main StreetRichland Center, WI 53581
Commercial · 23,468 Sq. ft. | 1.60 Acres$650,000
Offer-Show
586 N Main Street Overview
- Time on Site:
- 47 days
- Visits:
- 301
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.
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586 N Main Street Facts & Features
- Type Commercial
- Sq. ft. 23,468
- Price/Sq.ft. $28
- Lot 1.60 Acres
Details
General
Income/Expenses
- Net Operating Income: 0
- Operating Expense: 0
Listing Information
- Sale Includes: Equipment, Lease(s), Signs
Building Information
- Fuel: Electric, Natural gas
- Water/Waste: Municipal sewer, Municipal water
- Year Built: 1986
Business Information
- Current Use: School
Location/Region
- County Or Parish: Richland
- Postal City: Richland Center
Parking Information
- Parking Fees/Mo.: 0
Rent/Lease Information
- Lease Type: Month to month
- Tenant Pays: Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Taxes, Water
Tax Information
- Tax Annual Amount: $0.00
- Tax Assessed Value: $0.00
- Tax Year: 2025
General Information
- Business Sale: No
- Features: Shared Restrooms, 440+ volt, 3 phase electric, Reception area, Signage available, Fire Alarm, Smoke Detectors
- Parcel Number: 276-1679-0000
- Property Type: Business/Comm
- Type: School
- Zoning: R-5
Interior
Building Information
- Total Units/Bldg.: 18
- Heating/Cooling: Hot Water
Building Interior
- Building Area Total: 23468
- Ceiling Height Max: 25
- Ceiling Height Min: 12
- Seating Capacity: Over 100 persons
General Information
- Basement: Poured concrete foundatn
- Stories Total: 1
Unit Information
- Unit 1 Base Annual Rent: $0.00
- Unit 1 Gross SqFt: 0
Exterior
Parking Information
- Onsite Parking: yes
- Parking Features: 56 or more spaces, Onsite, Paved
Lot Information
- Street Frontage: 264
- Lot Size Acres: 1.6
- Lot Size Source: Assessor
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Shingle, Sloped
586 N Main Street Neighborhood
Community
53581 (Richland Center) Demographics
46
Median Age
42
Population Density (per sq. mile)
34%
College Educated
$51,519
Estimated Median Income
3,188
Estimated Total Home Owners
1,271
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.586 N Main Street Monthly Cost
586 N Main Street Market Data
Based on the last 30 days in this zip code
$550,634
Average List Price
$265
Average Price per Square Foot
11
Properties Sold
53
Average Days on Market
41
Properties for Sale
586 N Main Street History
| Date | Value | Agent |
|---|---|---|
| 6/4/2026Source: South Central Wisconsin MLS | Offer-Show |
Tommy Van Ess Listing Agent |
| 5/14/2026Source: South Central Wisconsin MLS | May 14, 2026 |
Tommy Van Ess Listing Agent |