Flex Building With Shop
For Sale
$400,000
2509 Kirk St, Eau Claire, WI 54701
Office and restroom space accompany a large shop area, overhead doors, and on-site parking.
Property Size1,962 SF
Price / SF$203.87
Days on Market86
Property Features for 2509 Kirk St
General Information
Standard status
Active
Size
1,962 SF
Building Details
Year Built
1972
Listing Agency:
Donnellan Real Estate
Listed By:
David Donnellan, Ned Donnellan · License #79500-94
(715) 577-9027
Source:
Homcentric
Added: Jul 21
Changed: Oct 6
Last Checked: Oct 5 at 9:39PM
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 Donnellan Real Estate
Investment Insights
Based on property information with market context.
This flex property includes dedicated office space, a bathroom, and a large shop area with overhead doors. The building is currently occupied by a lawn care and snow removal business and includes a large parking lot.
Built in 1972, the property is located at 2509 Kirk St in Eau Claire, Wisconsin, next to Starbucks Coffee.
Built in 1972, the property is located at 2509 Kirk St in Eau Claire, Wisconsin, next to Starbucks Coffee.
Key Highlights
- Flex building with office area, bathroom, and large shop
- Overhead doors serve the shop area
- Large on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,652
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,040
$313.0K
Cap Rate 7%
$223,600
$223.6K
Cap Rate 9%
$173,911
$173.9K
Market Conditions
NOI Build-Up for 1,962 SF
Gross rent
$18.6K $9.48/SF
− Vacancy
−$186 −$0.09/SF
EGI
$18.4K $9.39/SF
− OpEx
−$2.8K −$1.41/SF
NOI
$15.7K $7.98/SF
Area
Eau Claire County, WI
Vacancy
1.00%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,040
Cap Rate 7%
$223,600
Cap Rate 9%
$173,911
Alternative Uses
Best Use
Industrial
$2.21M
$1.94M – $2.58M
NOI $155,002 @ 7.0% cap · market cap 38.75%
Second Best
Warehouse
$223.6K
$195.7K – $260.9K
NOI $15,652 @ 7.0% cap · market cap 3.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,035
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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
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Frequently Asked Questions
What type of property is this?
Flex space - Office and restroom space accompany a large shop area, overhead doors, and on-site parking.
Where is this flex space located?
The property is located at 2509 Kirk St Eau Claire, WI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Flex building with office area, bathroom, and large shop; Overhead doors serve the shop area; Large on‑site parking lot
