2111 3rd Street, Eau Claire, WI 54703
sale
$549,000
|
Other
Courtesy Of eXp Realty LLC
Prime commercial building in the heart of Eau Claire's 3rd Street corridor - a rare opportunity to own a fully renovated, versatile property with true corner-lot visibility near downtown Eau Claire in the Cannery Flats District. This 2,436 SF freestanding building sits on a 0.277-acre lot zoned C2, offering flexible commercial use for retail, fitness, service, or flex-space concepts. The building underwent a complete top-to-bottom renovation in 2015 - new electrical, plumbing, HVAC, windows, drywall, trim, and concrete flooring throughout - meaning a buyer steps into modern infrastructure without the deferred-maintenance risk typical of older commercial stock. In 2022, two additional showers were added, including an ADA wheelchair-accessible unit, further expanding the building's usability for fitness, wellness, or service-based tenants. With its open floor plan, garage-bay style bay doors, and durable concrete block construction, the building offers a rare blend of character and function that's difficult to replicate at this price point and location. Whether you're an owner-user looking for a standout location or an investor seeking a well-built asset with room to grow, this property delivers on both fronts. Current income potential: The building is currently leased on a triple net (NNN) basis at $3,800/month to 5th Row Lifting Company, voted Best Gym in the Chippewa Valley Reader Poll - demonstrating the strong income this property is capable of generating, with upside potential for a future owner-user or new tenant. Financials available to qualified buyers.
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Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Cooling System: Central Air
- Exterior Type: CementSiding
- Heating System: Forced Air
- Legal Description: lengthy
- MLSID: 1603393
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