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Ranch-Style Office Complex

1804 N Spring Street Beaver Dam, WI 53916

New
1804 N Spring Street, Beaver Dam, WI, 53916
$334,000
For Sale
$334,000

COMMERCIAL - Beaver Dam, WI

Property Size1,561 SF
Lot Size0.75 Acres
Price / SF$213.97
Days on Market1

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
1804 N Spring St, Beaver Dam, WI
Listed by Matthew Chapman · License #52219-90 1689-4
Added: Jul 17 Checked: Jul 17 at 11:06 pm
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.

This ranch-style office complex includes a front reception room, four offices, two bathrooms, a full kitchen/dinette, and a waiting area. The basement offers a family room with a vintage bar and fireplace, along with plenty of storage throughout the building. An attached 2-car garage supports on-site parking, and there is also 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 providing convenient access toward Madison and Fond du Lac. The exterior has had recent updates, including vinyl siding to the buildings in 2020, roofing in 2020, and vinyl windows in 2021. Zoning is Commercial.

Key Highlights

  • Ranch‑style office complex with front reception, waiting area, full kitchen/dinette, and inside/outside storage
  • Includes 4 offices, 2 bathrooms, and private offices plus public/private restroom options
  • Basement family room with vintage bar and fireplace

Local 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 (±1% cap)
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 (±1% cap)
NOI $23,737 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Spring Street North ... Home Decor Store Clear Choice Real ... Real Estate Agency

Suggested Use

Law Firm Bakery (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Barber Shop Plumbing Service

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

FAQs

What type of property is this?
Office building - Ranch-style office complex with reception, private offices, kitchen/dinette, waiting area, 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 with front reception, waiting area, full kitchen/dinette, and inside/outside storage; Includes 4 offices, 2 bathrooms, and private offices plus public/private restroom options; Basement family room with vintage bar and fireplace
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