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400 S Center Street

Beaver Dam, WI 53916
  • $299,900
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: 1969883
UPDATED: 66 min ago
$299,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,228
    SQFT
  • $71
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided by American, REALTORS: 608-834-2600

Description

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!

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© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-03-03T07:42:02.593.
www.klodowskirealestate.com/homes/146806221
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400 S Center Street Beaver Dam, WI 53916

  • Price: $299,900
  • Status: Active
  • On Site: 41 Days
  • Updated: 66 min ago
  • ID#: 1969883
0
Beds
0
Baths
0
½ Baths
0.12
Acres
4,228
SQFT
$71
$/SQFT
Neighborhood:
Beaver Dam - C
County:
Dodge
Area:
Beaver Dam - C
Property Description
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!
Exterior Features

Building Parking 1-5 spacesOffsiteOnsitePaved Exterior Brick Location Business districtCornerNear Major HighwayNear public transportatn Roof All flat Type Restaurant/Supper ClubOther

Interior Features

Basement Full Ceiling Height Max 11 Ceiling Height Min 9 Commercial Features Public rest roomsPrivate RestroomsResidential unit(s)Less than 440 voltDisplay windowInside storage Heating Cooling Forced airCentral air Seating Capacity 76-100 persons Unit1 Gross Sq Ft 3000

Property Features

Annual Operating Expenses 5600 Business Sale No City Town Or Village City County Quarter Dodge NW Documents On File Lease(s)Fixtures & equipmentInventory listCertified survey map Fuel Natural gas Gross Operating Income 31704 Lease Only No Lease Type None Licenses FoodLiquorBeerWine Mailing City Beaver Dam Net Operating Income 26104 Net Taxes 5129 Occupancy Tenant(s) Present Use Restaurant/Supper ClubTavernLiving quarters Real Estate Sale Yes Sale Includes Lease(s)EquipmentInventoryFurniture Source Sq Ft Other Tax Year 2022 Tenant Pays N/A Unit1 Annual Rent Per Sq Ft 6.37 Water Waste Municipal waterMunicipal sewer Year Built Source Other Zoning Commercial

Listing information © 2024 South Central Wisconsin MLS.
Listing provided courtesy of American, REALTORS: .



© 2024 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2024-03-03T07:42:02.593.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by American, REALTORS: 608-834-2600