Search
Flex Building with Shop Space
For Sale
$400,000

2509 Kirk Street, Eau Claire, WI 54701

COMMERCIAL - Eau Claire, WI

Property Size1,962 SF
Price / SF$203.87
Days on Market1373

Property Features for 2509 Kirk Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Elementary school district Eau Claire Area
Middle school district Eau Claire Area
High school district Eau Claire Area
Directions Hastings Way to west on Kirk St. Next to Starbucks.
Subdivision 02 - Ec Schl/Southside
Standard status Active
APN 15-1764
Size 1,962 SF

Taxes and HOA fees

Tax Year 2021
Tax Description Lots 8 & 9 Ness Addition except the NE 32 feet.
Tax Annual Amount 6138
Legal Description Lots 8 & 9 Ness Addition except the NE 32 feet.

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1972
Building materials AluminumSiding
Listing Agency: Donnellan Real Estate
Listed By: David Donnellan · License #79500-94
Added: Nov 2, 2022 Changed: Aug 4 Last Checked: Aug 5 at 3:06PM
MLS# 1569849

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,962-square-foot flex property, built in 1972, combines office accommodation with a large shop area, bathroom, overhead doors, and a sizable parking lot. The building is currently occupied by a lawn care and snow removal business, supporting a range of office-and-service commercial functions. Construction includes aluminum siding, with forced-air heat, wall-unit cooling, public water, and public sewer.

Located at 2509 Kirk Street in Eau Claire, the property sits next to Starbucks Coffee and offers a prominent commercial setting. Its blend of work area, office space, and parking provides a practical format for an owner-user or other service-oriented operation.

Key Highlights

  • 1,962 SF flex building on 2509 Kirk Street
  • Office area, bathroom, and large shop area
  • Overhead doors support shop and service use

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $47.1k $24.00
− Vacancy −$10.6k −$5.42
EGI $36.4k $18.58
− OpEx −$9.1k −$4.64
NOI $27.3k $13.93
1,962 SF · lease $24.00/SF/yr · vacancy 22.60% · expense 25.00%

Alternative Uses

Best Use
Industrial
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $155,002 @ 7.0% cap · market cap 38.75%
Second Best
Office B
$390.5K
$341.7K – $455.6K (±1% cap)
NOI $27,335 @ 7.0% cap · market cap 6.83%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

GK Lawn Landscaping

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54701, WI

41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building with office space, a service shop, overhead doors, and substantial on-site parking.
Where is this flex space located?
The property is located at 2509 Kirk Street Eau Claire, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,962 SF flex building on 2509 Kirk Street; Office area, bathroom, and large shop area; Overhead doors support shop and service use
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message