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586 N Main Street, Richland Center, WI 53581.
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.
MLS ID: 2023269
Listing Courtesy of:
First Weber Inc
Agency Contact: HomeInfo@firstweber.com
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586 N Main Street, Richland Center, WI 53581.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $650,000 | $650,000 | $650,000 |
| Down Payment | $130,000 | $22,750 | $162,500 |
| Monthly Mortgage Amount | $3,202 | $3,930 | $4,016 |
| Taxes | $905 | $905 | $905 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $286 | $0 |
| Monthly Estimated Total | $4,297 | $5,311 | $5,111 |
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