$959,000

1025 Starr Avenue

Eau Claire, WI 54703

Listed 9 days ago

MLS# 1598647

8267 (approx) Square Feet

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.

Built In 1937

Eau Claire County

Interior Features

Basement:

None

Cooling:

Central Air

Heating:

Forced Air

Exterior and Lot Features

Parking: Yes

Financial Considerations

Tax Amount: $8,247 for 2025

Real Estate Listing Agency

Listing Agency: Team Trillium

Listing Agent: Jake Tanner

$959,000

1025 Starr Avenue

Eau Claire, WI 54703

Listed 9 days ago

MLS# 1598647

8267 (approx) Square Feet

Similar Listings

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the NW WI MLS. The information, provided by seller, listing broker and other parties, may not have been verified. Information is deemed reliable but is not guaranteed.

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