For Sale
Monarch Court
1659 N Spring St , Beaver Dam, WI 53916
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.
Key features
- 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.
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Reach out to the broker for more info on lease terms and amenities
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Contacts
Dan Rosenfeld
Mid-America
Building Details
- For Sale $1,670,000
- Property Type Retail - Street Retail
- Property Size 11,840 SF
- Units 10
- Lot Size 0.91 Acre
- Property Tenancy Multi-Tenant
- Year Built 2005
- Date Updated May 22, 2026
Getting Around
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Walk Score ®
Car-Dependent (47) -
Bike Score ®
Somewhat Bikeable (42)
Powered by Walk Score ®
Location
- City Beaver Dam, WI
- Zip Code 53916
Points of Interest
Kwik Trip
0.69 miles
Shell
1.44 miles
Citgo
1.45 miles
Cenex
1.81 miles
BP
6.66 miles
Walmart Supercenter
1.05 miles
Walmart
1.29 miles
Piggly Wiggly
1.37 miles
Old Time Food Store
9.78 miles
1659 N Spring St Listing Summary
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What is the asking price at Monarch Court?
Monarch Court is currently listed for sale at Contact for pricing.
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What is the total size of Monarch Court?
Monarch Court has a total of 11,840 square feet.
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What is the year built for Monarch Court?
The year built for Monarch Court is 2005.
Contact Listing Broker
Dan Rosenfeld
Mid-America
