103 Spring StBeaver Dam, WI 53916

Property Details for 103 Spring St

Year built

1927

Property size (Sq ft)

54,630 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

The Rogers Apartments, a stunning 7-story mixed-use property in Beaver Dam, WI, presents a unique investment opportunity. This historic building, listed on the National Register of Historic Places, boasts 69 units: 43 apartments, 20 sleeping rooms, and several common areas. Originally constructed in 1927 as a hotel, the property underwent renovations in 2024, preserving its original lobby and parlor while modernizing key aspects. The 54,630 square foot main building (103 E Maple Ave) features first-floor commercial space, apartments on floors two through six, and a partially finished lower level with previous event space capacity exceeding 100 people. Significant updates include elevator modernization in 2024, new boiler units (2017 & 2022), partial rubber membrane roof replacement (2016), and window replacements (1986). The building has multiple zoned heating and electrical systems, with some wall AC units. On-site parking includes 6 spaces, supplemented by leased parking across the street and an adjacent municipal lot. An adjacent building at 125 N Spring St (6,840 sq ft) adds to the investment, featuring first-floor commercial space currently leased to a florist and four 1-bedroom apartments on the second floor. The combined lot size is 21,780 square feet. The property sits on a commercially zoned lot and offers a compelling blend of historical charm and modern functionality. The asking price is $3,300,000.

Location Insight

City

Beaver Dam

County

Dodge

State

Wisconsin

Latitude

43.457

Longitude

-88.8366

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