Medical Office with Dental
For Sale
$515,000
211 E Badger Street, Waupaca, WI 54981
A brick professional property includes treatment rooms, client reception areas, on-site parking and finished basement amenities.
Property Size3,848 SF
Price / SF$133.84
Days on Market16
Property Features for 211 E Badger Street
General Information
Standard status
Active
Size
3,848 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Condition
Turnkey
Property Use
Dental Office
Medical Specialty
dental
Building Details
Building Size
3,848 SF
Construction
brick
Listing Agency:
The Legacy Group
(715) 544-5454
Listed By:
The Legacy Group
(715) 572-2053
Source:
Freedom-choice
Added: Oct 9
Changed: Oct 23
Last Checked: Oct 23 at 3:32PM
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 The Legacy Group
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Investment Insights
Based on property information with market context.
This 3,848-square-foot brick medical office is configured for dental practice, with approximately 4–5 patient treatment rooms and plumbing in place for dental use. The main floor includes a lobby and consultation room. A full basement adds a finished break room with a bathroom and shower, plus unfinished space for storage or other uses.
The property occupies a corner parcel at 211 E Badger Street in Waupaca, Wisconsin, along a main thoroughfare. On-site parking serves the building.
The space is leased through February 28, 2027, and the tenant holds a Right of First Refusal. These terms are relevant to both current occupancy and future planning.
The property occupies a corner parcel at 211 E Badger Street in Waupaca, Wisconsin, along a main thoroughfare. On-site parking serves the building.
The space is leased through February 28, 2027, and the tenant holds a Right of First Refusal. These terms are relevant to both current occupancy and future planning.
Key Highlights
- 3,848 square feet of brick medical office space
- Approximately 4–5 patient treatment rooms, with plumbing for dental use
- Lobby and consultation room on the main floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,220
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,400
$844.4K
Cap Rate 7%
$603,143
$603.1K
Cap Rate 9%
$469,111
$469.1K
Market Conditions
NOI Build-Up for 3,848 SF
Gross rent
$67.4K $17.52/SF
− Vacancy
−$11.1K −$2.89/SF
EGI
$56.3K $14.63/SF
− OpEx
−$14.1K −$3.66/SF
NOI
$42.2K $10.97/SF
Area
Waupaca County, WI
Vacancy
16.50%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,400
Cap Rate 7%
$603,143
Cap Rate 9%
$469,111
Alternative Uses
Best Use
Office B
$603.1K
$527.8K – $703.7K
NOI $42,220 @ 7.0% cap · market cap 8.20%
Second Best
Healthcare Medical
$455.2K
$398.3K – $531.0K
NOI $31,861 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$720.8K
$630.7K – $840.9K
NOI $50,454 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 54981, WI
14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A brick professional property includes treatment rooms, client reception areas, on-site parking and finished basement amenities.
Where is this medical office space located?
The property is located at 211 E Badger Street Waupaca, WI.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 3,848 square feet of brick medical office space; Approximately 4–5 patient treatment rooms, with plumbing for dental use; Lobby and consultation room on the main floor
