New

$959,000

For Sale

2 days ago

1025 Starr Ave, Eau Claire, WI

Name: 1025 Starr Ave, For Sale in Eau Claire - eXp Realty
Brand: Team Trillium
SKU: 1598647
Price: 959000 USD

MLS® 1598647

0 Bed

0 Bath

8267 sqft

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size 8267 sqft

Garage No

HOA Fees

Taxes $8,247

Days Active 1

Approx. Age 1937

Avg. Price Per Sqft $116

MLS® Number 1598647

Property Address: 1025 Starr Ave, Eau Claire, WI, 54703-1820

Average square foot calculated using Size range provided by listing agent.

Description

This offering presents an exceptional multi-tenant investment opportunity in the heart of Eau Claire, Wisconsin. Comprising approximately 8, 267 square feet of commercial space on a 0.62-acre parcel, this property features three separate buildings currently fully leased to a diversified mix of office users and small business tenants, delivering 100% occupancy and stable in-place income. With a current cap rate of 8.55% and annual net operating income of approximately $82, 000, the asset generates strong immediate cash flow with additional pro-forma upside to a 9.38% cap rate through potential rent growth or expense optimization. Constructed in 1937 and recently renovated in 2023, the property maintains a solid physical condition while retaining flexibility for future use or repositioning. The buildings benefit from excellent visibility and accessibility along Starr Avenue, a well-trafficked commercial corridor near established employers, retail destinations, and service amenities, providing a strategic location for both tenants and investors alike. Each of the three buildings contributes to a diversified income stream, reducing risk and enhancing the long-term investment profile. Current leases run through December 31, 2027, offering predictable revenue with minimal immediate rollover. The gross lease structure further simplifies ownership oversight. Situated in a mature mixed-use area of Eau Claire, the property is supported by the city?S diverse economy, anchored by major employers, educational institutions, regional healthcare facilities, and a growing population. Eau Claire continues to demonstrate robust commercial real estate fundamentals, making this offering highly attractive to local, regional, and out-of-market investors. This is a unique opportunity to acquire a well-positioned, income-producing asset with established cash flow, strong market fundamentals, and potential for future upside.

MLS® Number1598647

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1937

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 24, 2026List Date

$959,000List Price

Commute

Commute

Starting Address

Destination Address

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