20 Barstow StEau Claire, WI 54701

Property Details for 20 Barstow St

Year built

2015

Lot size

1.38 AC

Property size (Sq ft)

4,452 SF

Zone code

CBDP

Property type

Retail properties

Property subtype

Retail space

APN

02-0363-E-000

APU

020363E000

Description

Haymarket Landing offers a unique 4,452 square foot storefront opportunity in the heart of Eau Claire, Wisconsin. Located at 20 S Barstow St, this Class A retail space is part of a vibrant revitalization project, the Confluence Project, which includes a new $60 million Community Arts Center scheduled to open in Fall 2018. This development is a key component of Eau Claire's economic growth strategy, focusing on enhancing the city's cultural offerings. The building, constructed in 2016, is a six-story structure with a total of eight suites. The property boasts over 26,000 square feet of commercial space, with approximately 400 UW-Eau Claire students residing in the building's upper floors, providing a built-in customer base. The adjacent Confluence Arts Center is projected to host 311 events annually, attracting an estimated 176,000 patrons, creating significant foot traffic and exposure for businesses within Haymarket Landing. This prime location is ideal for businesses offering food, beverages, entertainment, unique retail products, or creative services, benefiting from the synergy of the surrounding development and the increased activity in downtown Eau Claire. The available space is contiguous and totals 4,452 square feet, making it suitable for a variety of businesses. This is a rare opportunity to establish a presence in a rapidly growing and culturally rich downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,203,229

  6.5%

  $1,110,673

  7%

  $1,031,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $572,620

  Geo Method

  $572,620

• Alternative Use

  Use

  Valuation

  Residential

  $936,894

  Hospitality

  $858,190

  Educational

  $714,004

  Medical

  $738,560

  Retail

  $1,110,673

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.8125

Longitude

-91.5014

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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