400 S Center St
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400 S Center St
4,228 SF Vacant Retail Building Beaver Dam, WI 53916 $289,900 ($69/SF) 9% Cap Rate
Executive Summary
Introducing a fantastic opportunity downtown Beaver Dam! This character filled building features a bar/restaurant and 3-bedroom apartment for a great price! The 2,000 sq. ft.apartment in the upper level can be owner occupied or held as a rental for extra income. Beaver Dam is a growing city with 20,000 residents, a 6,000-acre lake, vibrant parks, performing arts and numerous festivals! In addition, the Beaver Dam Raceway is just minutes away. Check out this beautiful building for yourself!
Restaurant Lease through 3/31/2026 w/ 3% annual increase. 3 bedroom apartment upstairs.
Restaurant Lease through 3/31/2026 w/ 3% annual increase. 3 bedroom apartment upstairs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,228 SF
Building Class
C
Year Built
1980
Price
$289,900
Price Per SF
$69
Cap Rate
9%
NOI
$26,104
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.81
Land Acres
0.12 AC
Zoning
Commercial
Parking
5 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
34 FT on S Center Street
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Char House Pub & Grill
- -
- -
- -
- -
- Our House 2
- -
- 500 SF
- -
- -
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Char House Pub & Grill | - | - | - | - | ||
Our House 2 | - | 500 SF | - | - |
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
Parcel Number | 206-1114-0423-069 | Improvements Assessment | $229,000 |
Land Assessment | $16,000 | Total Assessment | $245,000 |
PROPERTY TAXES
Parcel Number
206-1114-0423-069
Land Assessment
$16,000
Improvements Assessment
$229,000
Total Assessment
$245,000
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400 S Center St
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