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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.

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
206-1114-0423-069
Land Assessment
$16,000
Improvements Assessment
$229,000
Total Assessment
$245,000
  • Listing ID: 31768733

  • Date on Market: 2/8/2024

  • Last Updated:

  • Address: 400 S Center St, Beaver Dam, WI 53916

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