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

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

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

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