Retail Space on Commercial
For Sale
$450,000
2812 Mall Dr, Eau Claire, WI 54701
Commercial-zoned property with a flexible layout for retail and other business uses.
Property Size3,800 SF
Lot Size0.71 Acres
Price / SF$118.42
Days on Market56
Property Features for 2812 Mall Dr
General Information
Standard status
Active
Size
3,800 SF
Lot size
0.71 Acres
Building Details
Year Built
1972
Buildings
1
Building Size
3,800 SF
Listing Agency:
Team Trillium
Listed By:
Scott Knepper · License #8573194
(715) 874-4225
Source:
Danrealtygroup
Added: Aug 11
Changed: Sep 13
Last Checked: Oct 4 at 11:24AM
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
Investment Insights
Based on property information with market context.
This retail property includes a 3,800-square-foot building on a 0.71-acre site in Eau Claire, Wisconsin. Constructed in 1972, the building has a flexible interior arrangement that can accommodate retail, financial institution, professional office, or medical use, as identified in the property information.
Commercial zoning supports the property’s business-oriented positioning. The site is located at 2812 Mall Drive and offers an existing commercial building with land area that may support future improvements or redevelopment, subject to applicable approvals.
Commercial zoning supports the property’s business-oriented positioning. The site is located at 2812 Mall Drive and offers an existing commercial building with land area that may support future improvements or redevelopment, subject to applicable approvals.
Key Highlights
- 3,800‑square‑foot retail building
- 0.71‑acre commercial site
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,010
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,200
$720.2K
Cap Rate 7%
$514,429
$514.4K
Cap Rate 9%
$400,111
$400.1K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$57.0K $15.00/SF
− Vacancy
−$5.6K −$1.46/SF
EGI
$51.4K $13.54/SF
− OpEx
−$15.4K −$4.06/SF
NOI
$36.0K $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%
$720,200
Cap Rate 7%
$514,429
Cap Rate 9%
$400,111
Alternative Uses
Best Use
Office B
$756.3K
$661.8K – $882.4K
NOI $52,942 @ 7.0% cap · market cap 11.76%
Second Best
Retail
$514.4K
$450.1K – $600.2K
NOI $36,010 @ 7.0% cap · market cap 8.00%
Theoretical Best
Industrial
$4.29M
$3.75M – $5.00M
NOI $300,208 @ 7.0% cap · market cap 66.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial-zoned property with a flexible layout for retail and other business uses.
Where is this retail space located?
The property is located at 2812 Mall Dr Eau Claire, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,800‑square‑foot retail building; 0.71‑acre commercial site; Commercial zoning
