400 S Center St

400 S Center St , Beaver Dam, Wisconsin, 53916 | 4,228 sq.f | $ 299,900

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About This Restaurant

Investment Highlights

Executive Summary

Introducing a fantastic opportunity downtown Beaver Dam! This character filled building features a bar/restaurant and 3-bedroom apartment for a great price! The 2,000 sq. ft.apartment in the upper level can be owner occupied or held as a rental for extra income. Beaver Dam is a growing city with 20,000 residents, a 6,000-acre lake, vibrant parks, performing arts and numerous festivals! In addition, the Beaver Dam Raceway is just minutes away. Check out this beautiful building for yourself!Restaurant Lease through 3/31/2026 w/ 3% annual increase. 3 bedroom apartment upstairs.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,228
  • Building Class    C
  • Year Built    1980
  • Price    299,900
  • Price Per SF    71
  • Cap Rate    8.70
  • NOI    26,104
  • Percent Leased    Vacant
  • Building Height    2 Stories
  • Building FAR    0.81
  • Land Acres    0.12 AC

Property Taxes

Parcel Number 206-1114-0423-069 Improvements Assessment $16,000
Land Assessment $229,000 Total Assessment $245,000
Date Created: 2024-07-16 04:25:41 Last Updated: 2024-07-16 04:25:41
Address: 400 S Center St , Beaver Dam, Wisconsin, 53916