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Listed by David Baehr • American, REALTORS
$ 5,900,000
Est. payment /mo
Active
2300 Highway 51 and 138 Stoughton, WI 53589
64,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 64,250 sqft
Price per Sqft $91
Municipality STOUGHTON
MLS Listing ID 2006083
Year Built 2007
Annual Tax Amount $67,798
Tax Year 2024
Lot Size 4.820 Acres
Acres 4.82
Property Description
Cap Rate of 7.5%! Stoughton Wellness and Athletic Center (SWAC), a premier Midwest athletic hub, sits on a 5-acre, high-visibility site in thriving Stoughton, WI. This 64,250 sq. ft. facility boasts a spacious lobby, elegant restrooms, and a 4-court gymnasium hosting 120,000+ annual participants through Sports Enhancement Academy?s volleyball and basketball leagues and 40+ tournaments. It houses the nation?s largest Anytime Fitness (2,000+ members), Stoughton Hospital, Famous Yeti?s Pizza, Basecamp Arcade, The Heights Banquet Hall and Stoughton Eye Care. With 179 parking stalls and an additional lot that could likely fit a 20-unit residential building with underground parking, this listing offers exceptional value at just over $90/sq. ft., including land and the additional buildable lot.
Location
State WI
County Dane
Zoning PB
Rooms
Basement None, None / Slab
Interior
Heating Natural Gas
Cooling Forced Air, Central Air, Zoned Heating
Inclusions Concession counter, tables and chairs located within the common area.
Exterior
Utilities Available High Speed Internet Available
Roof Type Metal,Rubber/Membrane
Building
Story 1
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Acceptable Financing Exchange, Seller May Assist
Listing Terms Exchange, Seller May Assist
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