416 Putnam StEau Claire, WI 54703

Property Details for 416 Putnam St

Year built

1891

Lot size

0.23 AC

Property size (Sq ft)

5,140 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

01-0275- -000

APU

10275000

Description

This exceptional Eau Claire, Wisconsin retail property at 416 Putnam St, zip code 54703, presents a unique owner-user investment opportunity. Priced at $650,000, this 5,140 square foot building boasts a prime location in a thriving ethnic neighborhood. The property functions as a successful convenience store and restaurant, complete with a recently renovated commercial kitchen. All existing store and restaurant equipment, along with current inventory, are included in the sale, ensuring a seamless transition for the new owner. Adding to the investment potential, two residential rental units occupy the second floor, providing a consistent stream of supplemental income. This versatile property offers endless possibilities for expansion and growth, making it an ideal acquisition for a savvy investor seeking a blend of retail and residential income. The single-tenant building sits on a 5,140 square foot lot and features two stories. The asking price equates to $126.46 per square foot. This is a for-sale-by-owner opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,389,173

  6.5%

  $1,282,314

  7%

  $1,190,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $661,111

  Geo Method

  $661,111

• Alternative Use

  Use

  Valuation

  Residential

  $1,081,679

  Hospitality

  $990,813

  Educational

  $824,344

  Medical

  $852,695

  Retail

  $1,282,314

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.8183

Longitude

-91.4946

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].