About This Home

This 0-bedroom, 0-bathroom commercial at 586 N Main Street in Richland Center, WI is listed for $595,000 ($25 per sqft). Built in 1986, the home offers 23,468 sqft of living space on a 1.60 acres lot.

Key Features

  • Built in 1986
  • 1.60 acre lot

Property Details

1986
Listing 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.

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

586 N Main Street

Richland Center, WI 53581

Features & Amenities

Interior Features

Shared Restrooms440+ volt3 phase electricReception areaSignage availableFire AlarmSmoke Detectors

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 586 N Main Street is listed at $595,000 ($25/sqft). The estimated monthly payment is $3,183 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 1.60 acre lot. Interior Features: Shared Restrooms, 440+ volt, 3 phase electric.

This property is listed by Tommy Van Ess.

TE

Tommy Van Ess

Agent at First Weber, Inc.

Listed by First Weber, Inc. · Broker phone: 6088367433 · View on Broker Site · Broker website

MLS# 2023269· Source: REALTORS® Association of South Central Wisconsin· 11 days on PropertySimple

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

586 N Main Street, Richland Center, WI 53581

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