2722 Eddy LnEau Claire, WI 54703

  • Office buildings
  • 2,496 SF
For Sale
$425,000 View listing

Property Details for 2722 Eddy Ln

Year built
1986
Lot size
0.39 AC
Property size (Sq ft)
2,496 SF
Zone code
C2
Property type
Office buildings
APN
11-0506- -000
APU
110506000

Description

This exceptional retail property at 2722 Eddy Lane in Eau Claire, Wisconsin, presents a fantastic investment opportunity. Boasting 2,425 to 2,496 square feet of space on a 0.387-acre lot, this single-story building is zoned C-2 - Neighborhood Shopping District, offering flexibility for various commercial uses. The property benefits from excellent visibility on Hwy 53, ensuring high traffic and exposure for your business. Ample parking is available with 10 spaces provided on-site. Recent upgrades include a new air damper control system and a new heat exchanger, both installed in 2023, demonstrating a commitment to efficient and modern building maintenance. The property's APN is 18221-2-270904-140-0002. This location in Eau Claire County, WI, zip code 54703, offers a thriving commercial environment with significant potential for growth. The asking price is $425,000. Don't miss this chance to acquire a well-maintained, strategically located retail space with significant upside.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $458,903
    6.5%
    $423,602
    7%
    $393,345
  • Comparable approach

    Method
    Valuation
    Relative Method
    $127,396
    Geo Method
    $127,396
  • Alternative Use

    Use
    Valuation
    Residential Income
    $525,267
    Hospitality / Lodging
    $481,142
    Institutional / Educational
    $400,304
    Healthcare / Senior Housing
    $414,071
    Retail / Commercial
    $622,695

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.851
Longitude
-91.4708
CBSA code
20740
CBSA name
EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,101
$202,800
$242,200
$445,000
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-
-
-

FAQs

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