400 S Center Street Beaver Dam WI 53916 $299,900

Property Description

400 S Center Street Beaver Dam WI 53916 - 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!

Commercial/Business
Status: Active
County: Dodge
Est. Square Footage: 4,228
Acreage: 0.12
Property Taxes: $5,129
Property Tax Year: 2022
MLS#: 1969883
Listing Company: American, Realtors
Zip Code: null
Number of Units: 2

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