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Live-Work Property with Offices
For Sale
$674,900

1210 Mansfield Street, Chippewa Falls, WI 54729

CommercialSale, Chippewa Falls, WI

Property Size3,704 SF
Lot Size3.47 Acres
Price / SF$182.21
Days on Market54

Property Features for 1210 Mansfield Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial, Residential, Residential-Multifamily
Rooms Basement
Interior features Storage
Elementary school district Chippewa Falls Area Unified
Middle school district Chippewa Falls Area Unified
High school district Chippewa Falls Area Unified
Directions Get on US-53 N in Altoona, Follow US-53 N to US-53 ALT/WI-29 BUS E in Chippewa Falls. Take exit 96 from US-53 N, Continue on US-53 ALT/WI-29 BUS E. Drive to Mansfield St, 1210 Mansfield St, Chippewa Falls, WI 54729
Standard status Active
APN 22809-0113-07500000
Size 3,704 SF
Lot size 3.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 855/537 402/001 ACRES: 3.470 SEC 01, T 28 N, R 09 W, SW 1/4 of NE 1/4 SW NE THE W 279.5' OF THE E 724.5' OF THE S 1/2 EX CITY STREET (CHRISTENSEN FLORAL)
Tax Annual Amount 5560
Legal Description 855/537 402/001 ACRES: 3.470 SEC 01, T 28 N, R 09 W, SW 1/4 of NE 1/4 SW NE THE W 279.5' OF THE E 724.5' OF THE S 1/2 EX CITY STREET (CHRISTENSEN FLORAL)

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1992
Flooring type Carpet
Building materials VinylSiding
Additional Structures Storage
Listing Agency: Elite Realty Group, LLC
Listed By: Mary Rufledt · License #55432-90
Added: Aug 14 Changed: Sep 20 Last Checked: Oct 6 at 6:06AM
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.

Investment Insights

Based on property information with market context.

This 3,704-square-foot live-work property includes a lobby, florist/workstation area, three offices, two storage rooms, a break area, full and half baths, a chemical room, and a full basement. The building was constructed in 1992 with vinyl siding, carpet flooring, forced-air heat, central air, public water, and public sewer. The prior greenhouse improvements are slated for removal, leaving a 3.47-acre site for future planning.

Located at 1210 Mansfield Street in Chippewa Falls, the property is in the West Hill area near schools, parks, and downtown. A residential or multi-unit concept is being explored, although residential use would require conditional use approval from the City of Chippewa Falls. Zoning, permitted uses, approval requirements, and redevelopment options should be verified with the city.

Key Highlights

  • 3.47‑acre property at 1210 Mansfield Street, Chippewa Falls, WI 54729
  • 3,704‑square‑foot commercial building constructed in 1992
  • Interior includes three offices, two storage rooms, break area, full and half baths, and a full basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,503
Cap Rate
5.56%
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 (±1% cap)
NOI $37,503 @ 7.0% cap · market cap 5.56%
Second Best
Office B
$528.9K
$462.8K – $617.0K (±1% cap)
NOI $37,021 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.06M
$1.80M – $2.40M (±1% cap)
NOI $143,944 @ 7.0% cap · market cap 21.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Building Supply Plumbing Service Dental Office Auto Repair Shop

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercial building with office, storage, bath, and basement areas suited to combined business and residential planning.
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 $674,900.
What are key features of this property?
This property features: 3.47‑acre property at 1210 Mansfield Street, Chippewa Falls, WI 54729; 3,704‑square‑foot commercial building constructed in 1992; Interior includes three offices, two storage rooms, break area, full and half baths, and a full basement
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