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18611446
18611427

105 E Maple Ave & 125 N Spring St, Beaver Dam, WI 53916

VF
WI 48968
Fun Investments LLC
Listed by Fun Investments LLC
Unpriced
707 days on market
Updated 39 days ago
Under Contract

The Rogers

Details
Property Type Retail, Multifamily (+2)
Sub Type Restaurant, Storefront (+4)
Square Footage 54,630
Units 63
Class B
Year Built 1928
Year Renovated 2024
Stories 6
Lot Size (SqFt) 21,780
Zoning Commercial
Parking Spaces 6 spaces
Parking Per SqFt 0.11
Investment Type Value Add

54,630 SqFt

Marketing description

Welcome to The Rogers Apartments, a historic gem in the heart of downtown Beaver Dam. Built in 1928 as a hotel, this beautiful building has been restored and transformed into 63 units (43 apartments, 20 sleeping rooms), several common areas and commercial spaces. The original lobby and parlor have been preserved, giving residents a glimpse into the grandeur of the past. Previous large kitchen/banquet hall seats over 100 people. Majority of the commercial kitchen has been removed. In 1989, The Rogers Apartments was registered with the National Register of Historic Places. The adjacent building at 125 S Spring Street is included in the sale; tenant of Beaver Florist, and 4 1-bedroom apartments adding to this investment opportunity. 2nd parcel is 206-1114-0421-092

Investment highlights

103 E Maple Avenue;

  • Building - 48,630 SF

  • 6 Floors; 1st floor commercial, 2nd-6th apartments, partially finished lower level that previously hosted event space.

  • Lot - 17,860 SF

  • Assessed - $1,134,200

  • Year Built - 1927/1928

  • 2025 Elevator Updates

  • 2017 & 2022 - new boiler units

  • 1986 - windows replace

  • Mechanicals; Multiple zoned heating, boilers, some wall a/c units.

  • Electric; multiple zones and amperage. Electric upgrades of new panels and breaker 1987, 1200 amp

  • Parking; 6 stalls on site. Leased parking across the street. Municipal parking lot is adjacent.

    125 N Spring Street;

  • Building - 6,840 SF

  • 1st floor commercial space leased out to a florist. 2nd floor consists of 4, 1 bedroom apartments.

  • Lot - 3,920 SF

  • Assessed - $98,400

  • 2016 new rubber membrane roof

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Listing Contacts

VF
WI 48968
Fun Investments LLC
Listed by Fun Investments LLC

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