Chippewa Falls Mixed-Use Investment
For Sale
$364,900
704 E Grand Avenue, Chippewa Falls, WI 54729
Restaurant with rental units and growth potential in Chippewa Falls.
Property Size5,128 SF
Lot Size0.40 Acres
Price / SF$71.16
Days on Market1058
Property Features for 704 E Grand Avenue
General Information
Standard status
Active
Size
5,128 SF
Lot size
0.40 Acres
Property subtype
Commercial/Industrial
Listing Agency:
Rohmeyer Realty LLC
(715) 210-9985
Listed By:
George Rohmeyer · License #25868-90
(715) 210-9985
Source:
Exitrealty
Added: Sep 7, 2023
Changed: Jul 10
Last Checked: Jul 30 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rohmeyer Realty LLC
Investment Insights
Based on property information with market context.
This property features a family diner, Sid Harvey's, along with four additional rental units, offering potential for growth. The restaurant has undergone recent improvements and has an established customer base. The property includes two upstairs apartments, an adjoining commercial space, and a separate shed located at the rear of the building. Situated in a favorable area of Chippewa Falls on the heavily trafficked East Grand Avenue, the property occupies a large lot. As of February 6, 2025, the monthly rents are reported as follows: the key shop generates $1,000.00, apartment #1 (a one-bedroom unit) yields $795.00, and apartment #2 (a two-bedroom unit with a long-term renter) brings in $500.00. The owner covers the cost of heating for the rental units. The apartment renters also have access to garage space located at the rear of the building without any additional charge. The previous owner had the rear shed rented as three separate spaces. In total, the property includes the restaurant and six additional rental spaces. The building size is 5128 square feet.
Key Highlights
- Established restaurant with loyal customer base and growth potential
- Multiple income streams: Restaurant plus 4 rental units (2 apartments, commercial space, and shed)
- Prime location on busy East Grand Avenue in Chippewa Falls
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- Grand Avenue Cafe — 119 W Grand Ave, Eau Claire, WI 54703
- The Informalist — 205 S Barstow St, Eau Claire, WI 54701
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Restaurant with rental units and growth potential in Chippewa Falls.
Where is this breakfast & diner located?
The property is located at 704 E Grand Avenue Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Established restaurant with loyal customer base and growth potential; Multiple income streams: Restaurant plus 4 rental units (2 apartments, commercial space, and shed); Prime location on busy East Grand Avenue in Chippewa Falls
