Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    103 E Maple Avenue Beaver Dam, WI 53916

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,890,000

    Historic 63-unit apartment building with commercial spaces and florist.

    Type:Commercial/Industrial
    Lot size:
    0.50 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    8
    Last Refresh:
    Mar 24 at 2:42 am

    Property Features for 103 E Maple Avenue

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1928

    We can help!

    Listing Contact
    Vicki Funseth
    Vicki Funseth

    Listing agent Vicki Funseth License #48968-90

    Listing office Fun Investments LLC

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Fun Investments LLC

    Overview

    Historic Rogers Apartments For Sale

    The Rogers Apartments, originally built in 1928 as a hotel, is a historic building that has been restored into a 63-unit complex, featuring 43 apartments and 20 sleeping rooms, along with several common areas and commercial spaces. The original lobby and parlor have been preserved. A previous large kitchen and banquet hall could seat over 100 people, though the majority of the commercial kitchen has been removed. Registered with the National Register of Historic Places in 1989, the property includes an adjacent building at 125 S Spring Street, which houses Beaver Florist and four 1-bedroom apartments. This additional parcel number is 206-1114-0421-092.
    Location Intelligence

    Current Use by Public Records

    The Rogers Apartment Building La Mia Boutique Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaver Dam
    County
    Dodge
    State
    Wisconsin
    Longitude
    -88.8364079
    Latitude
    43.4571852

    Nearby Similar for Sale

    • $300,000

      Beaver Dam Office Building For Sale

      Office building with rental income potential in downtown Beaver Dam.
      215 N Spring Street, Beaver Dam, WI 53916
      View Details
    • $30,000
      1,760 SF

      Downtown Beaver Dam Restaurant Opportunity

      Restaurant space in high-traffic Beaver Dam location.
      112 W Maple Avenue, Beaver Dam, WI 53916
      View Details
    • $250,000

      Downtown Beaver Dam Office Suite

      1,877 SF office suite in downtown Beaver Dam.
      200 E Front Street, Beaver Dam, WI 53916
      View Details
    • $269,900

      Historic Mixed-Use Building For Sale

      Mixed-use building with restaurant, bar, and apartment in Beaver Dam.
      400 S Center Street, Beaver Dam, WI 53916
      View Details
    • $300,000
      7,270 SF

      Office Building in High-Traffic Location

      Office building with rental income potential in downtown-adjacent area.
      215 N Spring Street, Beaver Dam, WI 53916
      View Details
    • $250,000

      Beaver Dam Office/Retail Space

      1,123 sq ft office/retail space in multi-use commercial condo.
      200 D Front Street, Beaver Dam, WI 53916
      View Details
    • $75,000

      Beaver Dam Commercial Parking Lot

      Commercial parking lot in downtown Beaver Dam, Wisconsin.
      108 E Maple Avenue, Beaver Dam, WI 53916
      View Details
    • $675,000
      3,105 SF

      Modern Office Building For Sale

      High-visibility office building with income opportunities in Beaver Dam.
      718 Park Ave, Beaver Dam, WI 53916
      View Details
    • $2,547,000
      4,075 SF

      New Retail Property with Drive-Thru

      New 2024 retail property, 100% occupied by Starbucks and Dollar Loan Center.
      101 Frances Ln, Beaver Dam, WI 53916
      View Details
    • $21,000

      Versatile Office/Retail Space Available

      Adaptable office space suitable for retail or event venue.
      138 Front St Ste 100, BEAVER DAM, WI, 53916-2134
      View Details
    • $6,600

      Downtown Office Space Available

      Front-corner office space in downtown arts district available for lease.
      138 Front St Ste 101, BEAVER DAM, WI, 53916-2134
      View Details
    • $4,500

      Downtown Office Space for Lease

      Office space for lease in downtown arts district.
      138 Front St Ste 103, BEAVER DAM, WI, 53916-2134
      View Details

    FAQs

    What type of property is this?
    Apartment building - Historic 63-unit apartment building with commercial spaces and florist.
    Where is this apartment building located?
    The property is located at 103 E Maple Avenue Beaver Dam, WI.
    What is the asking price?
    The asking price for this property is $2,890,000.
    What are key features of this property?
    This property features: Historic building registered with the National Register of Historic Places (1989).; Includes adjacent building with commercial tenant and 4 additional 1‑bedroom apartments.; Located in the heart of downtown Beaver Dam.
    (608) 669-6697
    We can help!
    Listing Contact
    Vicki Funseth
    Vicki Funseth
    Real Estate License ID: 48968-90
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!