$299,000

0 Beds 0 Baths 4,067 Sqft

705 Main Street, Ridgeway, WI 53582

Property Type: Commercial
Time on Market: 18 days
Price per Sqft: $74
Lot Size: 7000 sqft
Total Taxes: $2,631

Description

Turnkey Mixed-Use Investment!! This building has been completely transformed inside & out, leaving absolutely nothing untouched and giving the next owner peace of mind for years to come. Major improvements include a new roof, new gutters and downspouts, all-new windows throughout, fully updated electrical with both panels replaced, all utilities now separately metered, new water heaters, an upgraded boiler, new HVAC system, all-new ductwork, fully tuck pointed and sealed foundation, all-new exterior doors, and new chimney venting. The exterior has been completely refreshed. The upper apt offers 3 bdrms, updated bathroom, appliances and W/D in unit. The LL is fully remodeled and ready for office, retail, caf, or more. LL features an ADA-compliant bathroom, and laundry hookups. Situated beside a long-standing community staple business and conveniently located next to the Military Ridge Trail, this property benefits from year-round cycling, recreation traffic, and built-in visibility.

Property Details

Interior

Basement:
  • Full
Heating/Cooling:
  • Forced Air, Central Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 4,067
  • Lot Sqft Source: Appraisal
  • Estimated Sqft Range: 3501-5000

Exterior

Lot:
  • Size: 7000 sqft
Parking:
  • Details: 1-5 spaces, On Site, Paved Lot, Gravel
Roofing:
  • Composition/Fiberglass,Flat,Rubber/Membrane
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • N
Commercial:
  • Features: Restroom(s), Private Restrooms, Residential unit(s), Inside Storage
New Construction:
  • N
Postal:
  • Code: 53582
Real Estate Included:
  • Y
Street:
  • Name: Main Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • B-1

Map

Listing Agent-Provided Directions:
  • South on US 151 toward Dodgeville. Right on Hi Point Rd. Building downtown on left.

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Schools and Neighborhood

Postal City:
  • Ridgeway
Municipality:
  • Name: RIDGEWAY
  • Type: Village
County:
  • IOWA

Market Comparison

How this property compares to local market averages — calculated 4/17/2026

This Property
Ridgeway Commercial Property Avg
Iowa County Commercial Property Avg
List Price
$299,000
$299,000
$493,303
Median Price
$299,000
$222,000
Price / Sq Ft
$74
$73
$328
Days on Market
18 days
18 days
135 days
Total Listings
1
28

Listing Information

  • Time on Market: 18 days
  • Place Perfect Last Updated: 2026-04-05 14:27:38
  • MLS Number: 2019470
  • Subsystem Locale: WIREX_SCW
  • Listing Office: First Weber Inc
  • Listing Agent: Cheryl Mortvedt
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