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400 S Center Street, Beaver Dam, WI 53916

Price $299,900 | MLS # 1969883 | Status Active

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!