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215 N Spring Street,  Beaver Dam,  WI  53916 $370,000 Active
215 N Spring Street,  Beaver Dam,  WI  53916
$370,000
Active
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 Property Type Business/Commercial
 Parcel # 206-1114-0421-041
 County Dodge
 Sub Area F02
 Municipality Beaver Dam
 MLS# 1933810
 Listing Date 05/09/2022

MLS Public Remarks  One Story Office building in Good Repair located with high visibility close to downtown. Consists of .83 acres w/plenty of on street parking and back parking lot off of E Maple St. First floor has 4 Office Spaces presently rented. Has a Potential of 6 Offices. Lower level is partially finished with another 5 offices, 2 sets of restrooms, unfinished basement for storage There are 3 staircases that lead to the lower level. Total finished rental space including lower level is 7,270 sq. ft. with an annual rental income of $3,620 per month including 8 tenants. Property consists of 3 tax parcels.
Documents and Related Links  
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Beaver Dam
  • C/T/V  City
  • Unit #  
  • Directions  215 N Spring Street, Beaver Dam
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1,748
  • Total Units/Bldg  1
  • Building Gross SqFt  4,680
  • Net Leasable SqFt  7,270
  • Year Built  1969
  • Source for Year Built  Othr
  • Approx Bldg Dimen  60x78
  • Street Frontage  62
  • Parking Fees/Mo.  $0
  • Onsite Parking  30+
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.83
  • Source Of Est Acres  PubR
  • Lot Dimensions  Irregular
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $64,500
  • Assessment Year  2022
  • Net Taxes  $6,616
  • Tax Year  2022
  • Improvements  $244,000
  • Total Assessment  $308,500
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $43,440
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Leases 8/15/2023 Yes $22,260 $1,748 $0 1,702
    2 Mo-to-Mo 0 0 $1,565 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Building & Parking Lot - 3 Tax Parcels - Total monthly rents add up to $3620 per month - Annually $43,440. There are 8 Tenants including back parking lot Units being rented.
    Items Excluded  All Personal Items including Tenants Property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Full
  • Fuel  Natural gas
  • Seating Capacity  21-30 persons
    • EXTERIOR FEATURES  
  • Type   Office, Retail, Service, Shopping center/StripMall
  • Exterior Treatment  Block, Concrete
  • Building Parking  21-35 spaces, Gravel, Onsite, Paved
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Residential area, Shopping center
  • Tenant Pays  No expenses
  • Present Use  Office, Retail, Service
  • Licenses  None
  • Lease Type  Annual, Mixed lease types, Month to month, Multiple years
  • Occupied by  Tenant(s), Vacant
  • Sale Includes  Lease(s)
  • Features  Display window, Inside storage, Private Restrooms, Private office(s), Public rest rooms, Reception area, Shared conference room



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated