Building Details

Year Built 1940

Listing Agency: CB Brenizer/Eau Claire

Listed By: Zina Obaid · License #79856-94 Show Phone

Source: Homcentric

Added: May 19 Changed: Oct 5 Last Checked: Oct 5 at 10:32PM

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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 CB Brenizer/Eau Claire

Investment Insights

Based on property information with market context.

This commercial building is located in downtown Augusta, Wisconsin, on Lincoln Street. The main level features a versatile space that has been used as a bank, storefront, cafe, and catering business. The layout includes a 510 sq ft dining or retail area and a 550 sq ft back room/kitchen area. This makes it suitable for a restaurant, bakery, catering operation, or other foodservice concept. The open floor plan is also adaptable to boutique retail, office space, or professional services. The full basement offers 470 sq ft, partially finished and plumbed for a second bathroom, suitable for additional storage, prep space, or future expansion. The main level includes a full bathroom. The property is connected to city sewer and water. A second parcel is included behind the building, complete with a 16? x 21? storage building. The property is located alongside a veterans memorial.

Key Highlights

• Prime downtown location on Lincoln Street, next to a veterans memorial, ensuring high visibility and foot traffic.
• Versatile main‑level space with a 510 sq ft dining/retail area and 550 sq ft back room/kitchen, ideal for foodservice.
• Includes a second parcel with a 16' x 21' storage building for inventory or expansion.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,764

Cap Rate

7.98%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$295,280 $295.3K

Cap Rate 7%

$210,914 $210.9K

Cap Rate 9%

$164,044 $164.0K

Market Conditions

NOI Build-Up for 1,558 SF

Gross rent

$23.4K $15.00/SF

− Vacancy

−$2.3K −$1.46/SF

EGI

$21.1K $13.54/SF

− OpEx

−$6.3K −$4.06/SF

NOI

$14.8K $9.48/SF

Area

Eau Claire County, WI

Vacancy

9.75%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$295,280

Cap Rate 7%

$210,914

Cap Rate 9%

$164,044

Alternative Uses

Best Use

Specialty Retail

$308.3K

$269.7K – $359.7K (±1% cap)

NOI $21,579 @ 7.0% cap · market cap 11.67%

Second Best

Retail

$210.9K

$184.6K – $246.1K (±1% cap)

NOI $14,764 @ 7.0% cap · market cap 7.98%

Theoretical Best

Industrial

$1.76M

$1.54M – $2.05M (±1% cap)

NOI $123,085 @ 7.0% cap · market cap 66.57%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sweet Clarissi Catering Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

131

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 54722, WI

4,312

Population

1,846

Households

2.3

Avg Household Size

37

Median Age

15%

College-Educated

88%

High-School Grad

148.6 sq mi

ZIP Area

29

Density / Sq Mi

$66,500

Median Household Income

$44,715

Median Earnings

$812

Median Rent

$220,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Sweet Clarissi Catering — 134 W Lincoln St, Augusta, WI 54722

Frequently Asked Questions

What type of property is this?

Restaurant - Iconic building in downtown Augusta, Wisconsin, with versatile space.

Where is this restaurant located?

The property is located at 134 W Lincoln St Augusta, WI.

What is the asking price?

The asking price for this property is $184,900.

What are key features of this property?

This property features: Prime downtown location on Lincoln Street, next to a veterans memorial, ensuring high visibility and foot traffic.; Versatile main‑level space with a 510 sq ft dining/retail area and 550 sq ft back room/kitchen, ideal for foodservice.; Includes a second parcel with a 16' x 21' storage building for inventory or expansion.