Monarch Court

1659 N Spring St , Beaver Dam, WI 53916

  • For Sale $1,990,000
  • Property Type Office - General Office
  • Property Size 12,613 SF
  • Units 10
  • Lot Size 0.91 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2005
  • Date Updated Jun 12, 2025
Monarch Court is a rare investment opportunity directly adjacent to Beaver Dam’s premier shopping destination, Heritage Village Mall. The 12,613 SF multi-tenant property features ten suites ranging from 100 to 3,634 SF, anchored by high-visibility service and wellness users. In-place gross rents average ~$17.00 PSF, substantially below area NNN comparables of $16–$20 PSF, creating immediate mark-to-market upside as leases roll. The property benefits from excellent frontage on N Spring Street (18,500 VPD) with shared ingress/egress to US-151 and heavy regional traffic. Recent capital improvements include a new roof and gutter system installed in 2024, minimizing near-term CapEx requirements. With stable occupancy, flexible suite layouts, and built-in co-tenancy draw from national anchors at the adjacent mall, Monarch Court offers a turnkey retail investment with clear paths to income growth.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • High-Impact Visibility: Frontage on North Spring Street (18,500 VPD) with seamless access to US-151, capturing both local customers and regional draw.
  • Immediate Upside: In-place gross rents average ~$17 PSF, significantly below comparable NNN rates of $16–$20 PSF, offering compelling mark-to-market opportunities.
  • Prime Co-Tenancy: Situated directly adjacent to Heritage Village Mall—Beaver Dam’s leading retail destination—delivering unmatched shopper traffic and brand synergy.
  • Turnkey Condition: New roof and gutter system installed in 2024, ensuring long-term weather protection and minimizing near-term capital expenditures.
  • Versatile Retail Platform: 12,613 SF across ten thoughtfully configured suites (100–3,634 SF), ideal for service providers, wellness concepts, financial services, and flex users.

Contacts

broker
Dan Rosenfeld

Mid-America

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Beaver Dam, WI
  • Zip Code 53916

Points of Interest

  • Mobil

    0.37 miles

  • Kwik Trip

    0.69 miles

  • Shell

    1.44 miles

  • Citgo

    1.45 miles

  • Cenex

    1.81 miles

  • BP

    6.66 miles

  • Holiday Inn Express & Suites Beaver Dam

    0.29 miles

  • Super 8

    1.48 miles

  • McDonald's

    0.06 miles

  • IHOP

    0.24 miles

  • Pizza Hut

    0.25 miles

  • Culver's

    0.29 miles

  • Ponderosa Steakhouse

    0.34 miles

  • Subway

    0.44 miles

  • Dairy Queen

    0.84 miles

  • Arby's

    1.03 miles

  • Pickard Dining Hall

    1.32 miles

  • Annabelle's Ice Cream Parlor

    1.71 miles

  • Don Smith Learning Academy

    0.68 miles

  • Beaver Dam High School

    0.89 miles

  • Washington Elementary School

    0.95 miles

  • Lincoln Elementary School

    0.98 miles

  • Moraine Park Technical College- Beaver Dam Campus

    0.99 miles

  • Moraine Park Technical Institute

    1.07 miles

  • Beaver Dam Middle School

    1.36 miles

  • Wayland Academy

    1.41 miles

  • First Evangelical Lutheran School

    1.44 miles

  • Wilson Elementary School

    1.67 miles

Frequently Asked Questions

How much does Monarch Court cost?

The space currently listed for sale at Monarch Court asks for $1,990,000.

What is the total square footage of Monarch Court?

Monarch Court totals 12,613 square feet.

When was this property built?

Monarch Court was built in 2005.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Dan Rosenfeld

Mid-America

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.