2300 Highway 51 And 138, Stoughton, WI 53589
0 Acres
$5,900,000
Active

2300 Highway 51 And 138, Stoughton, WI 53589

$5,900,000

$5,900,000

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Features

  • Commercial/Business
  • Status: Active
  • County: Dane
  • Est. Square Footage: 64,250
  • Acreage: 4.82
  • Property Taxes: $67,798
  • Property Tax Year: 2024
  • MLS#: 2006083
  • Listing Company: American, Realtors
  • Zip Code: 53589
  • Number of Units: 7

Property Description

2300 Highway 51 And 138, Stoughton, WI 53589 - 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.

  • Additional features

    Basement

    • Slab/None

    Interior Features

    • Heating/Cooling: Central air, Forced air, Zoned heating
    • Water Waste: Municipal sewer, Municipal water
    • Inclusions: Concession counter, tables and chairs located within the common area.

    Building and Construction

    • Apartment building, Office, Other, Recreation, Restaurant/Supper Club, Retail, Service, Tavern, Vacant land
    • Roof: Metal, Rubber/membrane
    • Construction Type: E

    Land Features

    • Waterfront/Access: N
  • Property History
    MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
    2006083 Active Aug 6 2025 3:47PM $5,900,000 357

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Home Valuation Report