Brick Bank
2812 Mall Drive, Eau Claire, WI 54701
For Sale
New
$450,000
CommercialSale, Eau Claire, WI
Property Size3,756 SF
Lot Size0.71 Acres
Price / SF$119.81
Days on Market3
Property Features for 2812 Mall Drive
General Information
Property type
Property subtype
Zoning description
Interior features
Exterior features
Accessibility
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Additional Structures
Buildings
Listing Agency:
Elite Realty Group, LLC
Listed By:
Mary Rufledt · License WI 55432-90
(715) 830-1001
Added: Nov 9
Last Checked: Nov 11 at 7:06AM
MLS# 1606556
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,756-square-foot brick commercial building was constructed in 1972 and previously operated as a bank. Interior features include storage and carpet flooring, with forced-air heat and central air conditioning. The property also has a roof sign and an accessible approach with a ramp.
The building occupies a 0.71-acre parcel. Public water and public sewer serve the property. The owner is seeking a sale and is also willing to consider leasing arrangements.
The building occupies a 0.71-acre parcel. Public water and public sewer serve the property. The owner is seeking a sale and is also willing to consider leasing arrangements.
Key Highlights
- 3,756‑square‑foot commercial building
- 0.71‑acre parcel
- Built in 1972 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,593
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,860
$711.9K
Cap Rate 7%
$508,471
$508.5K
Cap Rate 9%
$395,478
$395.5K
Market Conditions
NOI Build-Up for 3,756 SF
Gross rent
$56.3K $15.00/SF
− Vacancy
−$5.5K −$1.46/SF
EGI
$50.8K $13.54/SF
− OpEx
−$15.3K −$4.06/SF
NOI
$35.6K $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%
$711,860
Cap Rate 7%
$508,471
Cap Rate 9%
$395,478
Alternative Uses
Best Use
Specialty Retail
$743.2K
$650.3K – $867.0K
NOI $52,022 @ 7.0% cap · market cap 11.56%
Second Best
Retail
$508.5K
$444.9K – $593.2K
NOI $35,593 @ 7.0% cap · market cap 7.91%
Theoretical Best
Apartment 5plus
$2.86M
$2.50M – $3.33M
NOI $200,051 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Groceries 37%
Dining 12%
Home Improvements & Furnishings 8%
Hy-Vee
Groceries
60,605 visits/mo
0.4 miles
Kwik Trip
Shops & Services
28,832 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,560 visits/mo
0.2 miles
Panda Express
Dining
19,373 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
13,236 visits/mo
0.2 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bank - Storage and ramp access add practical features to this commercial property.
Where is this bank located?
The property is located at 2812 Mall Drive 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: 3,756‑square‑foot commercial building; 0.71‑acre parcel; Built in 1972 with brick construction
