Renovated Flex Space with
For Sale
$249,000
19845 County Highway X Unit 2, Chippewa Falls, WI 54729
One-story commercial property with showroom, office, flex areas, partial basement storage, and space for parking or vehicle display.
Property Size2,116 SF
Lot Size0.70 Acres
Price / SF$117.67
Days on Market58
Property Features for 19845 County Highway X Unit 2
General Information
Standard status
Active
Size
2,116 SF
Lot size
0.70 Acres
Property Condition
Severity
Repairs Needed
Evidence
minimal improvements needed
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Additional Details
Asking Price
$249,000
Building Details
Year Built
1982
Year Renovated
2024
Buildings
1
Stories
1
Building Size
2,116 SF
Listing Agency:
Team Trillium
Listed By:
Jake Tanner · License #WI 91017-94
(715) 456-5923
Source:
Homcentric
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 16 at 10:52AM
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 Team Trillium
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Investment Insights
Based on property information with market context.
Renovated in 2024, this 2,116-square-foot flex property occupies a 0.70-acre site and presents a practical one-story configuration. Interior improvements include showroom space, office and flex areas, plus a partial basement that can support storage or utility functions. The layout is positioned for auto sales, retail, or service-oriented operations, with the recent renovation supporting occupancy with limited additional work.
The property fronts County Hwy X, providing direct highway access and visibility. The site includes room for parking, vehicle display, and outdoor storage. It is located near Lake Wissota and within a short drive of Eau Claire, connecting the property to a broader customer base and workforce.
The property fronts County Hwy X, providing direct highway access and visibility. The site includes room for parking, vehicle display, and outdoor storage. It is located near Lake Wissota and within a short drive of Eau Claire, connecting the property to a broader customer base and workforce.
Key Highlights
- 2,116 SF one‑story flex building on a 0.70‑acre lot
- Renovated in 2024
- Showroom, office, and flex areas with a partial basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,640
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,800
$432.8K
Cap Rate 7%
$309,143
$309.1K
Cap Rate 9%
$240,444
$240.4K
Market Conditions
NOI Build-Up for 2,116 SF
Gross rent
$31.7K $15.00/SF
− Vacancy
−$825 −$0.39/SF
EGI
$30.9K $14.61/SF
− OpEx
−$9.3K −$4.38/SF
NOI
$21.6K $10.23/SF
Area
Chippewa County, WI
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,800
Cap Rate 7%
$309,143
Cap Rate 9%
$240,444
Alternative Uses
Best Use
Industrial
$967.4K
$846.5K – $1.13M
NOI $67,720 @ 7.0% cap · market cap 27.20%
Second Best
Retail
$309.1K
$270.5K – $360.7K
NOI $21,640 @ 7.0% cap · market cap 8.69%
Theoretical Best
Warehouse
$1.17M
$1.03M – $1.37M
NOI $82,231 @ 7.0% cap · market cap 33.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - One-story commercial property with showroom, office, flex areas, partial basement storage, and space for parking or vehicle display.
Where is this flex space located?
The property is located at 19845 County Highway X Unit 2 Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,116 SF one‑story flex building on a 0.70‑acre lot; Renovated in 2024; Showroom, office, and flex areas with a partial basement
