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    400 Ctr St Beaver Dam, WI 53916-2523
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    Property profile & analytics

    400 Ctr St Beaver Dam, WI 53916-2523


    • Commercial real estate
    • 0.12 lot acres
    Off-Market
    Last Sale Mar 26, 2021
    $245,000
    Property ID
    US92-3409155
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Our House 2 / Restaurant

    Property Details for 400 Ctr St

    Lot size
    0.12 lot acres
    Property type
    Commercial real estate
    APN
    206-1114-0423-069
    APU
    20611140423069

    Description

    This exceptional mixed-use property in Beaver Dam, Wisconsin, presents a compelling investment opportunity. Located at 400 S Center St, this two-story building encompasses 4,228 square feet and features a thriving restaurant and a three-bedroom apartment. The restaurant lease, with a remaining term of approximately 1.4 years and a 3% annual rent increase, provides stable income. The apartment, currently rented month-to-month, offers additional revenue potential, with market rents suggesting a possible increase to $1,295. The property sits on a 0.12-acre lot and is zoned commercial. The building's strong financial performance is reflected in a 9.00% cap rate and a net operating income (NOI) of $26,104. The asking price is $289,900, translating to $68.57 per square foot. The property's prime location in a growing city with a population of 20,000, coupled with nearby amenities such as a lake, parks, and the Beaver Dam Raceway, ensures strong tenant demand and future appreciation potential. The existing structure offers the possibility of adding a one-bedroom apartment to further enhance income generation. This is a rare opportunity to acquire a well-positioned, income-producing property in a desirable Wisconsin location. The property features three total units, three bedrooms, and is situated in Dodge County, Wisconsin, with the APN 206-1114-0423-069.


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    Location Insight

    • Map
    • Local Demand
    City
    Beaver Dam
    County
    Dodge
    State
    Wisconsin
    Longitude
    -88.8396
    Latitude
    43.4529
    CBSA code
    13180
    CBSA name
    BEAVER DAM, WI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,787
    $16,000
    $229,000
    $245,000
    -
    $0.00
    $0.00
    $255,200
    More about this property
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