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2300 Highway 51 and 138
Stoughton WI 53589 US

$5,900,000

Active Listing ID 2006083
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Apartment

$5,900,000

Active Listing ID 2006083
Save

2300 Highway 51 and 138 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Signage available
  • Roof Type: Membrane, Metal, Rubber
  • Heating Fuels: Forced Air, Zoned (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Apartment
  • listprice: 5900000
  • unparsedaddress: 2300 Highway 51 and 138
  • postalcity: Stoughton
  • stateorprovince: WI
  • country: US
  • postalcode: 53589
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.9194
  • longitude: -89.248691
  • listagentfullname: David Baehr
  • listagentemail: David@baehrinc.com
  • listagentkey: 3yd-SCWMLSWI-4406
  • listagentmlsid: 4406
  • listagentpreferredphone: 6082136686
  • listagentofficephone: 6088342600
  • listofficekey: 3yd-SCWMLSWI-1598
  • listofficemlsid: 1598
  • disclaimer: Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCWMLSWI
  • yearbuilt: 2007
  • listagenturl: http://www.AmericanMadison.com
  • countyorparish: Dane
  • parcelnumber: 0511-063-4260-2
  • cooling: Central Air
  • constructionmaterials: Brick, Other, Stucco
  • heating: Forced Air, Zoned (Heating)
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 56
  • parkingfeatures: Paved or Surfaced
  • roof: Membrane, Metal, Rubber
  • waterfrontyn: False
  • interiorfeatures: Public rest rooms, 440+ volt, 3 phase electric, Reception area, Display window, Security system, Internal sprinkler, Inside storage
  • exteriorfeatures: Signage available
  • architecturalstyle: Other
  • securityfeatures: Security System
  • utilities: Electricity Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.24869, 42.9194
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"American, REALTORS", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"david@baehrinc.com", "ListBrokerageCity":"Sun Prairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"americanrealtorsmadison@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/169/281939/20150114180730899.png", "ListBrokerageName":"American, REALTORS", "ListBrokeragePhone":"608-834-2600", "ListBrokeragePostalCode":"53590", "ListBrokerageStateOrProvince":"WI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"202 W. Main Street", "ListBrokerageWebsiteUrl":"http://www.AmericanMadison.com", "ListOfficeAddress1":"202 W Main St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2972", "ListOfficeCity":"Sun Prairie", "ListOfficeCountry":"US", "ListOfficeEmail":"cssmadison@showings.com", "ListOfficePostalCode":"53590-2908", "ListOfficeStateOrProvince":"WI", "ListPriceCurrencyType":"USD", "ListingTitle":"Retail, Office, Service, Restaurant/Supper Club, Tavern, Recreation, Apartment building, Vacant land, Other", "ListingURL":"https://listings.listhub.net/pages/SCWMLSWI/2006083/?channel=rexren", "MLSModificationTimestamp":"2025-08-12T16:02:05Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Retail, Office, Service, Restaurant/Supper Club, Tavern, Recreation, Apartment building, Vacant land, Other", "RawPropertyType":"Business/Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":67798, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/12/2025 6:04:13 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: David Baehr, American, REALTORS, David@baehrinc.com

Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.