103 Spring St Beaver Dam, WI 53916

The Rogers Apartments, a stunning 7-story mixed-use property in Beaver Dam, WI, presents a unique investment opportunity. This historic building, listed on the National Register of Historic Places, boasts 69 units: 43 apartments, 20 sleeping rooms, and several common areas. Originally constructed in 1927 as a hotel, the property underwent renovations in 2024, preserving its original lobby and parlor while modernizing key aspects. The 54,630 square foot main building (103 E Maple Ave) features first-floor commercial space, apartments on floors two through six, and a partially finished lower level with previous event space capacity exceeding 100 people. Significant updates include elevator modernization in 2024, new boiler units (2017 & 2022), partial rubber membrane roof replacement (2016), and window replacements (1986). The building has multiple zoned heating and electrical systems, with some wall AC units. On-site parking includes 6 spaces, supplemented by leased parking across the street and an adjacent municipal lot. An adjacent building at 125 N Spring St (6,840 sq ft) adds to the investment, featuring first-floor commercial space currently leased to a florist and four 1-bedroom apartments on the second floor. The combined lot size is 21,780 square feet. The property sits on a commercially zoned lot and offers a compelling blend of historical charm and modern functionality. The asking price is $3,300,000.