2403 Fairfax StEau Claire, WI 54701

Property Details for 2403 Fairfax St

Year built

1956

Lot size

0.28 AC

Property size (Sq ft)

1,421 SF

Zone code

C2

Property type

Auto shops

APN

15-1795- -000

APU

151795000

Description

This exceptional retail property, located at 2403 Fairfax Street in Eau Claire, Wisconsin, presents a unique opportunity for service-oriented businesses. Boasting a total area of 1,420 square feet, the building was constructed in 1956 and sits on a 0.281-acre lot in Eau Claire County (zip code 54701). The single-tenant space features a showroom, office area, and two convenient garage bays, providing ample space for various business needs. A significant advantage is its prime corner location at the intersection of US-12 Clairemont Avenue and Fairfax Street, a high-traffic area with over 29,000 vehicles passing daily, ensuring excellent visibility and accessibility for your business. The property also includes a sizable parking area for customer convenience. This property is ideal for businesses seeking a prominent location with high visibility and ample space to operate and grow. Don't miss this chance to establish your business in one of Eau Claire's busiest commercial areas.

• CAP approach

  CAP return

  Valuation

  6%

  $299,490

  6.5%

  $276,452

  7%

  $256,706

• Comparable approach

  Method

  Valuation

  Relative Method

  $75,429

  Geo Method

  $75,429

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $539,734

  Mixed-Use / Specialty

  $275,214

  Hospitality / Lodging

  $201,587

  Office

  $273,316

  Institutional / Educational

  $286,022

  Residential Income

  $334,645

  Multifamily

  $402,756

  Automotive / Energy

  $245,161

  Parking / Income-Based Land

  $84,851.70

  Restaurant / Food Service

  $142,602

  Healthcare / Senior Housing

  $282,486

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.7939

Longitude

-91.468

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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