$289,000

0 Beds 0 Baths 4,067 Sqft

705 Main Street, Ridgeway, WI 53582

Property Type: Commercial
Time on Market: 174 days
Price per Sqft: $71
Lot Size: 7000 sqft
Total Taxes: $2,631

Description

Turnkey Opportunity! Extensively renovated from top to bottom, this property combines a beautifully updated residential unit with a flexible commercial space ready for its next chapter. Improvements include a new roof, gutters and downspouts, all-new windows, updated electrical with new panels, separately metered utilities, new water heaters, upgraded boiler, new HVAC system, all-new ductwork, fully tuck pointed and sealed foundation, all-new exterior doors and new chimney venting. The refreshed exterior creates an inviting first impression. Upstairs, the 3 bdrm apt features a updated bathroom, appliances, and in-unit W/D. The fully remodeled LL offers endless possibilities for office, retail, caf or other business use, complete with an ADA-compliant bathroom and laundry hookups. Next to a well-established community and the popular Military Ridge Trail, this property offers outstanding visibility, steady recreational traffic, and a unique opportunity for an investor or owner-occupant.

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
Value Range:
  • Pricing: N
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 9/21/2026

This Property
Ridgeway Commercial Property Avg
Iowa County Commercial Property Avg
List Price
$289,000
$289,000
$416,051
Median Price
$289,000
$229,900
Price / Sq Ft
$71
$71
$235
Days on Market
174 days
174 days
216 days
Total Listings
1
27

Listing Information

  • Time on Market: 174 days
  • Place Perfect Last Updated: 2026-08-13 14:41:51
  • MLS Number: 2019470
  • Subsystem Locale: WIREX_SCW
  • Listing Office: First Weber Inc
  • Listing Agent: Cheryl Mortvedt
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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