Eau Claire, WI 54703
MLS# 1598647 $959,000.00
This offering presents an exceptional multi-tenant investment opportunity 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.
| Style | Commercial |
|---|---|
| Type | CommercialSale |
| Zoning | N/A |
| Year Built | 1937 |
| School Dist | Eau Claire Area |
| County | Eau Claire |
| Lot Size | 0 x 0 x |
|---|---|
| Acreage | 0.19 acres |
| Above Grd | 8,267 sq ft |
| Below Grd | — |
| Tax $ / Year | $8,247 / 2025 |
Includes
N/A
Excludes
N/A
| Basement | None |
|---|---|
| Cooling | CentralAir |
| Exterior Features | MetalSiding |
| Heating | ForcedAir |
| Laundry | N |
Listing Agency
Team Trillium
Directions
From Clairemont Ave, head east on Vine St. Turn left onto Starr Ave and continue north. Property is on the right at 1025 Starr Ave in a mixed commercial area near downtown Eau Claire with convenient access to major corridors and nearby businesses.
