Ranch-Style Office
For Sale
$275,000
1804 N Spring Street, Beaver Dam, WI 53916
Reception and waiting areas, a full kitchen, basement space, and substantial storage complement the office layout.
Property Size1,561 SF
Price / SF$176.17
Days on Market195
Property Features for 1804 N Spring Street
General Information
Standard status
Active
Size
1,561 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
1,561 SF
Year Built
1960
Buildings
2
Units
1
Listing Agency:
Clear Choice Real Estate Services, LLC
Listed By:
Matthew Chapman · License #52219-90 1689-4
(920) 210-0961
Source:
Geigerrealtors
Added: Apr 23
Changed: Oct 29
Last Checked: Nov 3 at 7:12AM
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 Clear Choice Real Estate Services, LLC
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Investment Insights
Based on property information with market context.
This ranch-style office property has a reception room, four offices, two bathrooms, a waiting area, and a full kitchen with dinette. The basement includes a family room with a bar and fireplace, and the property also offers ample storage. A two-car attached garage and a detached 28'x36' building provide additional space; the detached building is currently leased.
The property is on North Spring Street, across from Fleet Farm and just off Highway 151, which connects toward Madison and Fond du Lac. Commercial zoning is in place. Vinyl siding and the roof were updated in 2020, followed by vinyl windows in 2021. The building dates to 1960.
The property is on North Spring Street, across from Fleet Farm and just off Highway 151, which connects toward Madison and Fond du Lac. Commercial zoning is in place. Vinyl siding and the roof were updated in 2020, followed by vinyl windows in 2021. The building dates to 1960.
Key Highlights
- Ranch‑style office layout with 4 offices and 2 bathrooms
- Front reception and waiting areas, plus a full kitchen/dinette
- Basement family room with vintage bar and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,123
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,460
$362.5K
Cap Rate 7%
$258,900
$258.9K
Cap Rate 9%
$201,367
$201.4K
Market Conditions
NOI Build-Up for 1,561 SF
Gross rent
$28.1K $18.00/SF
− Vacancy
−$3.9K −$2.52/SF
EGI
$24.2K $15.48/SF
− OpEx
−$6.0K −$3.87/SF
NOI
$18.1K $11.61/SF
Area
Dodge County, WI
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,460
Cap Rate 7%
$258,900
Cap Rate 9%
$201,367
Alternative Uses
Best Use
Office B
$258.9K
$226.5K – $302.1K
NOI $18,123 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.1K
$296.7K – $395.6K
NOI $23,737 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Reception and waiting areas, a full kitchen, basement space, and substantial storage complement the office layout.
Where is this office building located?
The property is located at 1804 N Spring Street Beaver Dam, WI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Ranch‑style office layout with 4 offices and 2 bathrooms; Front reception and waiting areas, plus a full kitchen/dinette; Basement family room with vintage bar and fireplace
