400 S Center Street Active

Beaver Dam,WI 53916

$ 289900

- Bed

- Bath

4228 SqFt


Key Details

Property Type Commercial

Sub Type Restaurant/Supper Club,Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,228 sqft

Price per Sqft $68

MLS Listing ID 1969883

Annual Tax Amount $5,129

Tax Year 2022

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Introducing a fantastic opportunity downtown Beaver Dam! This 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. Current apartment tenant is month-to-month. Rent increase to $1,295 seems obtainable for the market. There is an opportunity to add a 1-bedroom apartment upstairs utilizing unfinished space. 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. Current restaurant lease runs through 3/31/2026 w/ 3% annual increase. Check out this beautiful building for yourself!

Location

State WI

County Dodge

Area Beaver Dam - C

Zoning Commercial

Direction Hwy 51 to Hwy 33 West to Left on Center Street

Rooms

Basement Full

Interior

Heating Forced air,Central air

Cooling Forced air,Central air

Inclusions To be determined in Offer to Purchase

Exterior

Parking Features 1-5 spaces,Offsite,Onsite,Paved

Roof Type All flat

Building

Story 2

Water Municipal water,Municipal sewer

Structure Type Brick

Others

SqFt Source Other

Energy Description Natural gas

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