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Restaurant Building with Established Tenant
New
For Sale
$849,900

406 Galloway Street, Eau Claire, WI 54703

A pizza restaurant and bar currently occupies this downtown Eau Claire property.

Property SizeContact for details
Days on Market5

Property Features for 406 Galloway Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1891
Tenancy Single
Listing Agency: Banneker Realty, LLC
Listed By: Michael Bartus
Source: Hometwincities
Added: Oct 12 Changed: Oct 16 Last Checked: Oct 16 at 8:48AM

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 Banneker Realty, LLC

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Investment Insights

Based on property information with market context.

Dating to 1891, this downtown Eau Claire property is occupied by a pizza restaurant and bar tenant. Updates and improvements have been made since the current owners acquired the building in 2018.

Key Highlights

  • Built in 1891
  • Occupied by a pizza restaurant and bar tenant
  • Updates and improvements completed since 2018

Property Analytics

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Current Use

Leonas Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Dental Office Electrical Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,975
Businesses Nearby
Under-served
Demand for This Use

Demographics for 54703, WI

44,593
Population
19,120
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
95%
High-School Grad
81.1 sq mi
ZIP Area
550
Density / Sq Mi
$68,801
Median Household Income
$37,521
Median Earnings
$986
Median Rent
$224,600
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A pizza restaurant and bar currently occupies this downtown Eau Claire property.
Where is this conventional restaurant located?
The property is located at 406 Galloway Street Eau Claire, WI.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Built in 1891; Occupied by a pizza restaurant and bar tenant; Updates and improvements completed since 2018
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