Office Unit with Atrium
For Sale
$250,000
200 D Front Street, Beaver Dam, WI 53916
Business/Comm, Beaver Dam, WI
Property Size1,123 SF
Price / SF$222.62
Days on Market223
Property Features for 200 D Front Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
comm
Security features
Security System, Security Lighting
Interior features
Passenger elevator, Public rest rooms, Private Restrooms, Shared Restrooms, Reception area, Security system, Security lighting, Private office(s)
Accessibility
Accessible Elevator Installed
Lot features
Business district, Corner, Near Major Highway
Directions
Corner of Front and Center St. Beaver Dam
Subdivision
BEAVER DAM - C
Standard status
Active
APN
206-1114-0422-161
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
227
Amenities
kitchenette
conference room
atrium area
Building Details
Number of units
10
Listing Agency:
Ballweg's Real Estate LLC
(920) 928-3422
Listed By:
Robert Ballweg · License #29430
(920) 928-3422
Added: Jan 21
Changed: Aug 31
Last Checked: Sep 1 at 5:06AM
MLS# 2013201
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 1,123-square-foot office unit is located within a multi-use commercial condominium complex and includes two dedicated office areas, a kitchenette, and a conference room with a view toward the atrium. The layout also provides a reception area, private office space, security system, and security lighting. An accessible passenger elevator serves the property.
The unit occupies the corner of Front and Center Streets in Beaver Dam and is adjacent to a city parking lot. Public, private, and shared restroom facilities are identified among the property features. The space carries commercial zoning and is offered as an office or retail unit.
The unit occupies the corner of Front and Center Streets in Beaver Dam and is adjacent to a city parking lot. Public, private, and shared restroom facilities are identified among the property features. The space carries commercial zoning and is offered as an office or retail unit.
Key Highlights
- 1,123‑square‑foot office or retail unit in a multi‑use commercial condo complex
- Two dedicated office areas plus kitchenette and conference room
- Conference room overlooks the atrium area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,038
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$260,760
$260.8K
Cap Rate 7%
$186,257
$186.3K
Cap Rate 9%
$144,867
$144.9K
Market Conditions
NOI Build-Up for 1,123 SF
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.
Gross rent
$20.2K $18.00/SF
− Vacancy
−$2.8K −$2.52/SF
EGI
$17.4K $15.48/SF
− OpEx
−$4.3K −$3.87/SF
NOI
$13.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$260,760
Cap Rate 7%
$186,257
Cap Rate 9%
$144,867
Alternative Uses
Best Use
Office B
$186.3K
$163.0K – $217.3K
NOI $13,038 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$244.0K
$213.5K – $284.6K
NOI $17,077 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
612
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured commercial condominium space with private offices, a kitchenette, conference room, and elevator access.
Where is this office units located?
The property is located at 200 D Front Street Beaver Dam, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,123‑square‑foot office or retail unit in a multi‑use commercial condo complex; Two dedicated office areas plus kitchenette and conference room; Conference room overlooks the atrium area
