See all 15 photos
15 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$890,000
Est. payment /mo
8,267 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office(s),Retail,Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 8,267 sqft
Price per Sqft $107
MLS Listing ID 1598647
Year Built 1937
Annual Tax Amount $8,247
Tax Year 2025
Lot Size 8,123 Sqft
Acres 0.1865
Property Sub-Type Office(s),Retail,Warehouse
Property Description
This offering presents an exceptional multi-tenant investment opportunity 9%+ in the heart of Eau Claire, Wisconsin. Comprising approximately 8,267 square feet of commercial space on a 0.62-acre parcel, this property features three separate buildings currently fully leased to a diversified mix of office users and small business tenants, delivering 100% occupancy and stable in-place income. With a current cap rate of 8.55% and annual net operating income of approximately $82,000, the asset generates strong immediate cash flow with additional pro-forma upside to a 9.38% cap rate through potential rent growth or expense optimization. Constructed in 1937 and recently renovated in 2023, the property maintains a solid physical condition while retaining flexibility for future use or repositioning. The buildings benefit from excellent visibility and accessibility along Starr Avenue, a well-trafficked commercial corridor near established employers, retail destinations, and service amenities, providing a strategic location for both tenants and investors alike. Each of the three buildings contributes to a diversified income stream, reducing risk and enhancing the long-term investment profile. Current leases run through December 31, 2027, offering predictable revenue with minimal immediate rollover. The gross lease structure further simplifies ownership oversight. Situated in a mature mixed-use area of Eau Claire, the property is supported by the city?s diverse economy, anchored by major employers, educational institutions, regional healthcare facilities, and a growing population. Eau Claire continues to demonstrate robust commercial real estate fundamentals, making this offering highly attractive to local, regional, and out-of-market investors. This is a unique opportunity to acquire a well-positioned, income-producing asset with established cash flow, strong market fundamentals, and potential for future upside.
Location
State WI
County Eau Claire
Rooms
Basement None / Slab
Interior
Cooling Central Air, Forced Air
Exterior
Exterior Feature Aluminum/Steel
Building
New Construction N
Schools
School District Eau Claire
Read Less Info
Copyright 2026 WIREX - All Rights Reserved
Listed by Team Trillium
GET MORE INFORMATION