Medical Office with Two
604 Scott Street, Beaver Dam, WI 53916
For Sale
New
$420,000
Commercial-zoned property with an accessible main floor and flexible interior space for professional services.
Property Size1,806 SF
Price / SF$232.56
Days on Market2
Property Features for 604 Scott Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Currently Operating
Property Use
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Rose Legacy Real Estate
Listed By:
Traci Rose
(920) 210-2121
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 2:34AM
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 Rose Legacy Real Estate
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Investment Insights
Based on property information with market context.
This two-level medical office property has a main floor with more than 1,800 square feet, including a large kitchen, dining area, two bedrooms, an accessible full bathroom and an open area. The lower level adds approximately 1,800 square feet with a small living area, two half baths, a full bath, one noncompliant bedroom, storage and utility rooms. The property is ADA compliant, and its existing layout can accommodate office use. Appliances, including a washer and dryer, are included.
Two furnaces and two central air units serve the building. A new roof was installed in 2024. The property is zoned Commercial and is located just off N Center Street in Beaver Dam.
Two furnaces and two central air units serve the building. A new roof was installed in 2024. The property is zoned Commercial and is located just off N Center Street in Beaver Dam.
Key Highlights
- Main floor offers more than 1,800 square feet; lower level adds approximately 1,800 square feet
- ADA‑compliant property with an accessible full bathroom on the main floor
- Two furnaces and two central air units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,416
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,320
$428.3K
Cap Rate 7%
$305,943
$305.9K
Cap Rate 9%
$237,956
$238.0K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$39.7K $21.96/SF
− Vacancy
−$4.0K −$2.20/SF
EGI
$35.7K $19.76/SF
− OpEx
−$14.3K −$7.91/SF
NOI
$21.4K $11.86/SF
Area
Dodge County, WI
Vacancy
10.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,320
Cap Rate 7%
$305,943
Cap Rate 9%
$237,956
Alternative Uses
Best Use
Healthcare Medical
$305.9K
$267.7K – $356.9K
NOI $21,416 @ 7.0% cap · market cap 5.10%
Second Best
Office B
$299.5K
$262.1K – $349.5K
NOI $20,968 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$392.3K
$343.3K – $457.7K
NOI $27,463 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Animal Clinic of Beaver Dam — 1206 De Clark St, Beaver Dam, WI 53916
- Armor Animal Health — 1240 Green Valley Rd, Beaver Dam, WI 53916
Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial-zoned property with an accessible main floor and flexible interior space for professional services.
Where is this medical office space located?
The property is located at 604 Scott Street Beaver Dam, WI.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Main floor offers more than 1,800 square feet; lower level adds approximately 1,800 square feet; ADA‑compliant property with an accessible full bathroom on the main floor; Two furnaces and two central air units
