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Historic Multifamily with Commercial Space
For Sale
Contact for pricing
Pending

103 E Maple Ave, Beaver Dam, WI 53916

Restored 1928 building now offers apartment units and approximately 6,500 sf of vacant commercial space.

Property Size54,630 SF
Days on Market814

Property Features for 103 E Maple Ave

General Information

Standard status Pending
Size 54,630 SF
Property subtype MULTIFAMILY
Listing Agency: Fun Investments LLC
Listed By: Vicki Funseth · License #48968
Source: Moodyscre
Added: Jun 11, 2024 Changed: Aug 25 Last Checked: Sep 1 at 11:26PM

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

Investment Insights

Based on property information with market context.

The Rogers Apartments is a historic property originally built in 1928 as a hotel and restored into multiple residential configurations, including 13 apartments, 19 studios, and 31 efficiencies, along with several common areas. The building also includes multiple commercial spaces for lease, with vacant space described as approximately 5,000 sf on the first floor and 1,500 sf on the lower level. Common areas include an air-conditioned shared space on the fifth floor, and a coin laundry is located on the fourth floor.

The property is offered as part of a sale that includes an adjacent building at 125 S Spring Street. That neighboring building includes Beaver Dam Floral and four 1-bedroom apartments.

The offering is listed with building size totals of 47,790 sf for 103 E Maple Avenue and 6,840 sf for 125 N Spring Street, along with associated lots. Improvements noted include a 2025 elevator update, new boiler units in 2017 and 2022, replacement of double hung windows in 1986, and a 2016 partial new membrane roof.

Key Highlights

  • Historic The Rogers Apartments built in 1928; restored and converted into 13 apartments, 19 studios, and 31 efficiencies.
  • Commercial space for lease: approximately 5,000 SF on the 1st floor and 1,500 SF on the lower level is vacant.
  • 5th floor includes a large shared kitchen; common areas are air conditioned.

Property Analytics

Current Use

The Rogers Apartment Building La Mia Boutique Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Parking Lot & Garage Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby

Demographics for 53916, WI

23,057
Population
11,001
Households
2.1
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
103.6 sq mi
ZIP Area
223
Density / Sq Mi
$72,704
Median Household Income
$48,218
Median Earnings
$932
Median Rent
$212,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Restored 1928 building now offers apartment units and approximately 6,500 sf of vacant commercial space.
Where is this apartment building located?
The property is located at 103 E Maple Ave 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 The Rogers Apartments built in 1928; restored and converted into 13 apartments, 19 studios, and 31 efficiencies.; Commercial space for lease: approximately 5,000 SF on the 1st floor and 1,500 SF on the lower level is vacant.; 5th floor includes a large shared kitchen; common areas are air conditioned.
(608) 669-6697 Call to check price and availability
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