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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 Market6

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
Listed by Matthew Chapman · License #52219-90 1689-4
Added: Jul 17 Updated: Jul 22 at 5:05AM Checked: Jul 22 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.

This ranch style office complex includes a front reception room, four offices, two bathrooms, a full kitchen/dinette, and a waiting area. Additional space is available in the basement, which features a family room with a vintage bar and fireplace. The property also offers plenty of storage, plus a two-car attached garage.

The office building is located on North Spring Street across from Fleet Farm, just off Highway 151 between Madison and Fond du Lac. A detached 28' x 36' building on the site is currently leased at $250 per month.

Exterior improvements include vinyl siding to the buildings installed in 2020, a roof replacement in 2020, vinyl windows installed in 2021, and the detached building remains separate from the attached garage structure.

Key Highlights

  • Ranch‑style office complex built in 1960 with a front reception area, 4 offices, waiting area, and full kitchen/dinette
  • Includes 2 bathrooms plus public rest rooms, private restrooms, and private office(s)
  • Full basement with family room featuring a 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 building with reception, multiple offices, waiting area, full kitchen, and attached two-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 a front reception area, 4 offices, waiting area, and full kitchen/dinette; Includes 2 bathrooms plus public rest rooms, private restrooms, and private office(s); Full basement with family room featuring a vintage bar and fireplace
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