Sign up to get new listings emailed daily! JOIN SIGN IN
John & Diane Dowd
REALTOR®, GRI, CRS
(815) 494-0320
Facebook Icon LinkedIn Icon Instagram Icon 

2300 Highway 51 & 138, Stoughton, WI 53589

$5,900,000
  • 2300 Highway 51 & 138, Stoughton, WI 53589 Main Photo

54 Photos

New to the Market Active
SQUARE FEET64,250 MLS#2031756
STATUSActive PROPERTY TYPECommercial - Industrial

Listing Courtesy of: American, REALTORS
Agency Phone: 608-834-2600
IDX logo


Property Description

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.

2300 Highway 51 & 138 | MLS# 2031756

This commercial property located at 2300 Highway 51 & 138, Stoughton, WI 53589 is currently listed for sale with an asking price of $5,900,000. Search Stoughton real estate on johndianedowd.dickersonnieman.com today.

Property Features

Property Type: Commercial - Industrial
Fuel Type: Natural gas
Home Style: Retail, Office, Service, Restaurant/Supper Club, T
Taxes: $70,797
Year Built: 2007

Amenities

Brick
Steel
Stucco
Other

Feature Descriptions

Annual Unit Rent (Per Sqft): $7.43(Unit 1)
Ceiling Height (Feet): 9(MIN), 27(MAX)
Exterior: Brick, Steel, Stucco, Other
Gross SQFT: 12346(Unit 1)
Heating/Cooling: Forced air, Central air, Zoned heating
Location: Business district, Corner, Near Major Highway, Residential area, Shopping center
Present Use: Retail, Office, Service, Restaurant/Supper Club, Tavern, Recreation, Shopping center/StripMall, Vacant land
Total Units (Building): 7
Water/Waste: Municipal sewer, Municipal water

Listed By / Shown By

Listed By

Agency Name: American, REALTORS
Agency Phone: 608-834-2600

Shown By

Agent Name: John & Diane Dowd
Agent Phone: (815) 494-0320
Agency Title: Dickerson & Nieman Realtors

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:28:38 AM EST) or MRED MLS (last updated Wed 09/02/2026 12:26:04 AM EST) or SCWMLS (last updated Tue 09/01/2026 11:55:04 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 09/01/2026 10:16:55 PM EST) or Northern Illinois Commercial Association Realtors (last updated Tue 09/01/2026 2:10:11 PM EST). Real estate listings held by brokerage firms other than Dickerson & Nieman Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder