Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

400 S Center Street,  Beaver Dam,  WI  53916 $299,900 Active
400 S Center Street,  Beaver Dam,  WI  53916
$299,900
Active
More Photos
 Property Type Business/Commercial
 Parcel # 206-1114-0423-069
 County Dodge
 Sub Area F02
 Municipality Beaver Dam
 MLS# 1969883
 Listing Date 01/18/2024

MLS Public Remarks  Introducing a fantastic opportunity downtown Beaver Dam! This 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. Current apartment tenant is month-to-month. Rent increase to $1,295 seems obtainable for the market. There is an opportunity to add a 1-bedroom apartment upstairs utilizing unfinished space. 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. Current restaurant lease runs through 3/31/2026 w/ 3% annual increase. Check out this beautiful building for yourself!
Documents and Related Links  
1) Flyer
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Beaver Dam
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 51 To Hwy 33 West To Left On Center Street
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $6
  • Total Units/Bldg  2
  • Building Gross SqFt  4,228
  • Net Leasable SqFt  4,228
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  34x60
  • Street Frontage  148
  • Parking Fees/Mo.  $0
  • Onsite Parking  4
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  11
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.12
  • Source Of Est Acres  Plat
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $16,000
  • Assessment Year  2022
  • Net Taxes  $5,129
  • Tax Year  2022
  • Improvements  $229,000
  • Total Assessment  $245,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,023
  • Gross Operating Income  $31,704
  • Annual Operating Exp  $5,600
  • Net Operating Income  $26,104
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Net 03/31/2026 Yes $19,104 $6 $0 3,000
    2 Net 11/30/2021 No $700 $7 $0 1,228
    3 - 0 0 $0 $0 $0 0
    Items Included To be determined in Offer to Purchase
    Items Excluded  Seller's personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Other, Restaurant/Supper Club
  • Exterior Treatment  Brick
  • Building Parking  1-5 spaces, Offsite, Onsite, Paved
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Certified survey map, Fixtures & equipment, Inventory list, Lease(s)
  • Location  Business district, Corner, Near Major Highway, Near public transportatn
  • Tenant Pays  N/A
  • Present Use  Living quarters, Restaurant/Supper Club, Tavern
  • Licenses  Beer, Food, Liquor, Wine
  • Lease Type  None
  • Occupied by  Tenant(s)
  • Sale Includes  Equipment, Furniture, Inventory, Lease(s)
  • Features  Display window, Inside storage, Less than 440 volt, Private Restrooms, Public rest rooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of American, Realtors