659 Hamilton AveEau Claire, WI 54701

Property Details for 659 Hamilton Ave

Year built

2004

Lot size

0.83 AC

Property size (Sq ft)

7,550 SF

Zone code

C1A

Property type

Healthcare properties

Property subtype

Medical offices

APN

15-3800- -000

APU

153800000

Description

This exceptional two-story, 15,100 square foot medical office building in Eau Claire, Wisconsin, is offered at $3,300,000. Situated on a 0.83-acre lot at 659 W Hamilton Ave, 54701, this property boasts a convenient location with easy access to major highways. Built by Fern Construction and SKD Architects, it's considered one of Eau Claire's finest commercial buildings. The building currently houses multiple tenants and features 47 parking spaces. The property is zoned commercial and offers the flexibility to be converted into four individual suites or even a state-of-the-art surgery center. Extensive recent updates have been completed, including a finished lower level. Owner financing may be available for qualified buyers interested in purchasing the entire building or a portion thereof. Detailed floor plans and design features are available upon request. Proof of funds or pre-approval is required for showings. MLS# 1559673.

• CAP approach

  CAP return

  Valuation

  6%

  $1,388,107

  6.5%

  $1,281,329

  7%

  $1,189,806

• Comparable approach

  Method

  Valuation

  Relative Method

  $385,352

  Geo Method

  $385,352

• Alternative Use

  Use

  Valuation

  Residential

  $1,588,848

  Hospitality

  $1,455,376

  Educational

  $1,210,856

  Medical

  $1,252,499

  Retail

  $1,883,554

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.7852

Longitude

-91.5058

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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