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Historic Downtown Mixed-Use Building
For Lease
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201 East Lake Street, Eau Claire, WI 54701

Lease flexible downtown space in a historic landmark with bright, open interiors suited to multiple commercial concepts.

Space Size12,166 SF
Days on Market55

Property Features for 201 East Lake Street

General Information

Standard status Active
Size 12,166 SF
Property subtype Retail

Building Details

Building Size 12,166 SF
Year Built 1926
Tenancy Single

Spaces For Lease

at 201 East Lake Street Contact us

Space 1

Size
12,166 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Ultra Commercial Realty
Listed By: Amber Cernohous · License #60261 - 90
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 10 at 11:23AM

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 Ultra Commercial Realty

Investment Insights

Based on property information with market context.

The Metro is a historic, character-rich downtown building offering adaptable leased space for a range of business types. The interior features soaring ceilings, expansive open floor plans, exposed architectural elements, and abundant natural light, supporting a layout that can work for different operating styles. The property is described as suitable for office, retail, fitness, entertainment, creative studio, event space, restaurant, brewery, or specialty commercial concepts.

The building is located at 201 East Lake Street in downtown Eau Claire, positioning it for visibility and convenient access. It sits within a broader mix that includes restaurants, entertainment venues, residential developments, and business centers, supporting use cases that benefit from walkable, active surroundings.

For tenants and operators seeking a distinctive space rather than a conventional box, The Metro’s open, light-filled configuration and historic architectural character provide a strong foundation for branding and customer-facing concepts. Its described flexibility allows different groups to tailor the space to their needs, while the downtown setting supports businesses looking to serve and draw from the area’s daily activity.

Key Highlights

  • Year built 1926 historic downtown Eau Claire landmark available for lease
  • Soaring ceilings with expansive open floor plans
  • Exposed architectural elements and abundant natural light

Property Analytics

Current Use

The Metro Hotel & Motel

Suggested Use

Top Pick Electrical Service Auto Parts Store Bakery Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,456
Businesses Nearby

Demographics for 54701, WI

41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value

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?
Retail space - Lease flexible downtown space in a historic landmark with bright, open interiors suited to multiple commercial concepts.
Where is this retail space located?
The property is located at 201 East Lake Street Eau Claire, WI.
What are key features of this property?
This property features: Year built 1926 historic downtown Eau Claire landmark available for lease; Soaring ceilings with expansive open floor plans; Exposed architectural elements and abundant natural light
More about this property
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