Ranch-Style Office
1804 N Spring Street Beaver Dam, WI 53916
For Sale
$334,000
COMMERCIAL - Beaver Dam, WI
Property Size1,561 SF
Lot Size0.75 Acres
Price / SF$213.97
Days on Market11
Property Features for 1804 N Spring Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Interior features
Public rest rooms, Private Restrooms, Reception area, Signage available, Inside storage, Outside storage, Private office(s)
Standard status
Active
APN
206-1214-2723-024
Size
1,561 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2503
Building Details
Year built
1960
Number of units
1
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Clear Choice Real Estate Services, LLC
(920) 885-2255
Listed By:
Matthew Chapman · License #52219-90 1689-4
(920) 885-2255
Added: Jul 17
Changed: Jul 27
Last Checked: Jul 27 at 3:06PM
MLS# 2021491
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Ranch-style office complex offering a front reception room, four offices, two bathrooms, a full kitchen/dinette, and a waiting area. The basement includes a family room with a vintage bar and fireplace, and the property also provides plenty of storage. A 2-car attached garage is included, along with a detached 28' x 36' building that is currently leased.
The property is located on North Spring Street across from Fleet Farm, just off Highway 151 connecting to Madison and Fond du Lac.
Recent exterior updates include vinyl siding to the buildings (2020), a roof (2020), and vinyl windows (2021). The zoning is Commercial.
The property is located on North Spring Street across from Fleet Farm, just off Highway 151 connecting to Madison and Fond du Lac.
Recent exterior updates include vinyl siding to the buildings (2020), a roof (2020), and vinyl windows (2021). The zoning is Commercial.
Key Highlights
- Ranch‑style office complex built in 1960 with front reception, 4 offices, and waiting area
- Includes 2 bathrooms plus a full kitchen/dinette for office use
- Basement features a family room with vintage bar and fireplace
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $18.00 |
| − Vacancy | −$3.9k | −$2.52 |
| EGI | $24.2k | $15.48 |
| − OpEx | −$6.0k | −$3.87 |
| NOI | $18.1k | $11.61 |
1,561 SF · lease $18.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$258.9K
$226.5K – $302.1K
NOI $18,123 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.1K
$296.7K – $395.6K
NOI $23,737 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Ranch-style office complex with reception, multiple offices, kitchen/dinette, waiting area, basement family room, and attached 2-car garage.
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 $334,000.
What are key features of this property?
This property features: Ranch‑style office complex built in 1960 with front reception, 4 offices, and waiting area; Includes 2 bathrooms plus a full kitchen/dinette for office use; Basement features a family room with vintage bar and fireplace
