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Medical Office with Distinctive Architecture
New
For Sale
$990,000

3535 Clinic, Beloit, WI 53511

Unconventional interior geometry and wooded grounds distinguish this professional property near the I-90/I-43 corridor.

Property Size320,000 SF
Lot Size3.50 Acres
Price / SF$141.33
Days on Market6

Property Features for 3535 Clinic

General Information

Standard status Active
Size 320,000 SF
Net Rentable 285,000 SF
Class A
Total Parking Spaces 400
Elevators Yes
Lot size 3.50 Acres
Property subtype Commercial
Zoning G5
Occupancy 25%
Net Operating Income $4,250,000

Space & Availability

Floor 5
Condition Newly Renovated
Furnished No

Financials

Asking Price $44,000,000
Cap Rate 5.25%
Gross Income $6,000,000
HOA Fee $250
Business Included Yes
Opportunity Zone Yes

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Sprinkler System Yes
Office Units 200
Property Use Medical Spa
Medical Specialty physical therapy

Amenities

24-hour fitness center
conference rooms
community courtyard
gated access
onsite property management
roof terrace
secure underground parking

Building Details

Year Built 1965
Year Renovated 2023
Buildings 1
Stories 27
Building Size 320,000 SF
Construction steel frame
Tenancy Single
Parking Ratio 2.24 per 1,000 SF
Owner Occupied Yes
Abandoned No
Listing Agency: Century 21 Affiliated
Listed By: Michael Marquette · License #471017817
Source: Viewhomesinwisconsin
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 3:18PM

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 Century 21 Affiliated

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Investment Insights

Based on property information with market context.

Built in 1965 by architect James Dresser, this 7,005-square-foot medical office property features architecture inspired by Frank Lloyd Wright. Its interior has angled forms, flowing spaces, and few conventional right-angle corners. The building formerly housed the Gonstead Chiropractic Clinic and sits on wooded grounds encompassing just shy of 4 acres.

The property is near the I-90/I-43 corridor in Beloit, Wisconsin. Its architectural character, substantial site, and prior chiropractic clinic use are defining features of the offering.

Key Highlights

  • 7,005‑square‑foot medical office property
  • Wooded site encompassing just shy of 4 acres
  • Built in 1965 by architect James Dresser

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Curtis W. Gonstead, ... Alternative Medicine Practice Eric J. Gonstead, ... Alternative Medicine Practice Andrea Gonstead, DC Alternative Medicine Practice Loretta M. Cribben, ... Alternative Medicine Practice Gonstead Chiropractic Clinic Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Parking Lot & Garage Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

200
Office units
25%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53511, WI

48,659
Population
19,372
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
114.9 sq mi
ZIP Area
423
Density / Sq Mi
$65,305
Median Household Income
$39,344
Median Earnings
$995
Median Rent
$160,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Unconventional interior geometry and wooded grounds distinguish this professional property near the I-90/I-43 corridor.
Where is this medical office space located?
The property is located at 3535 Clinic Beloit, WI.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 7,005‑square‑foot medical office property; Wooded site encompassing just shy of 4 acres; Built in 1965 by architect James Dresser
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