Live-Work Building with Office
1210 Mansfield Street, Chippewa Falls, WI 54729
For Sale
$649,900
CommercialSale, Chippewa Falls, WI
Property Size3,704 SF
Lot Size3.47 Acres
Price / SF$175.46
Days on Market93
Property Features for 1210 Mansfield Street
General Information
Property type
Property subtype
Zoning description
Rooms
Interior features
Exterior features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Additional Structures
Listing Agency:
Elite Realty Group, LLC
Listed By:
Mary Rufledt · License WI 55432-90
(715) 830-1001
Added: Aug 14
Changed: Oct 26
Last Checked: Nov 14 at 8:06PM
MLS# 1604227
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.
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Investment Insights
Based on property information with market context.
The 3,704-square-foot building, constructed in 1992, has a lobby, workstation area, three offices, two storage rooms, a break area, full and half bathrooms, and a chemical room. A full basement provides additional storage. The seven greenhouses on the property are scheduled for removal.
The property encompasses 3.47 acres. Public water and sewer are available on three sides. Residential use would require conditional use approval from the City of Chippewa Falls; zoning, approval requirements, and permitted uses should be confirmed with the City.
The property encompasses 3.47 acres. Public water and sewer are available on three sides. Residential use would require conditional use approval from the City of Chippewa Falls; zoning, approval requirements, and permitted uses should be confirmed with the City.
Key Highlights
- 3.47‑acre property with a 3,704‑square‑foot building
- Main building dates to 1992
- Interior includes three offices, a lobby, workstation area, and break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,503
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,060
$750.1K
Cap Rate 7%
$535,757
$535.8K
Cap Rate 9%
$416,700
$416.7K
Market Conditions
NOI Build-Up for 3,704 SF
Gross rent
$66.7K $18.00/SF
− Vacancy
−$6.7K −$1.80/SF
EGI
$60.0K $16.20/SF
− OpEx
−$22.5K −$6.07/SF
NOI
$37.5K $10.13/SF
Area
Chippewa County, WI
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$750,060
Cap Rate 7%
$535,757
Cap Rate 9%
$416,700
Alternative Uses
Best Use
Mixed Use
$535.8K
$468.8K – $625.1K
NOI $37,503 @ 7.0% cap · market cap 5.77%
Second Best
Office B
$528.9K
$462.8K – $617.0K
NOI $37,021 @ 7.0% cap · market cap 5.70%
Theoretical Best
Warehouse
$2.06M
$1.80M – $2.40M
NOI $143,944 @ 7.0% cap · market cap 22.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
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Business Placement
Demographics for 54729, WI
33,980
Population
15,386
Households
2.2
Avg Household Size
42
Median Age
30%
College-Educated
95%
High-School Grad
165.0 sq mi
ZIP Area
206
Density / Sq Mi
$76,603
Median Household Income
$44,792
Median Earnings
$1,022
Median Rent
$263,900
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Public water and sewer are available along three sides of the site.
Where is this live-work space located?
The property is located at 1210 Mansfield Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3.47‑acre property with a 3,704‑square‑foot building; Main building dates to 1992; Interior includes three offices, a lobby, workstation area, and break area
