701 Farwell StEau Claire, WI 54701

  • Industrial properties
  • 1.12 AC
For Sale
$2,100,000 View listing

Property Details for 701 Farwell St

Lot size
1.12 AC
Zone code
CBD
Property type
Industrial properties
Property subtype
Other industrial properties
APN
02-0177- -000
APU
20177000

Description

This exceptional 50,600 square foot commercial land parcel, located at 701 Farwell Street in Eau Claire, Wisconsin, presents a unique investment opportunity. Priced at $2,100,000, this property offers significant potential for redevelopment or repurposing. The site currently features a substantial building previously used for manufacturing, boasting numerous office spaces, conference rooms, and ample storage areas. A key feature is the inclusion of multiple loading dock areas with convenient garage entry. The lower level provides expansive space with high ceilings, ideal for various uses. The property also includes valuable downtown Eau Claire parking lots, a significant asset in a vibrant urban setting. The previous occupant, The Leader-Telegram, has relocated, opening the door for creative and innovative uses of this iconic space. The property's size and location in Eau Claire, WI, zip code 54701 (latitude 44.8084086, longitude -91.4947727), make it an attractive proposition for developers and investors seeking a large-scale project with substantial upside. The possibilities are truly limitless for this remarkable property. This is a rare opportunity to acquire a significant piece of Eau Claire's commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,257,856
    Hospitality
    $9,396,141
    Educational
    $7,817,480
    Medical
    $8,086,334
    Retail
    $12,160,523
701 Farwell St, Eau Claire, Wisconsin

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.8083
Longitude
-91.4946
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
$17,218
$159,300
$705,000
$864,300
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