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Three-Level Bar & Pub Property
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442 WATER ST, Eau Claire, WI 54703

Includes a commercial kitchen, operating business, furnishings, and an upper-level apartment.

Property Size7,600 SF
Price / SF$157.89
Days on Market6

Property Features for 442 WATER ST

General Information

Standard status Active
Size 7,600 SF
Property subtype Retail, Mixed Use
Occupancy 100%

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Year Built 2005
Buildings 1
Stories 2
Units 1
Tenancy Single
Listing Agency: Donnellan Real Estate
Listed By: David Donnellan · License #WI 79500-94
Source: Crexi
Added: Jul 29 Changed: Aug 3 Last Checked: Aug 3 at 3:02AM

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.

Located at 442 Water Street in Eau Claire’s Water Street district, this 7,600 SF bar and pub property spans three levels and was built in 2005. The offering combines the real estate with the operating business and substantially all business assets, including a commercial kitchen, bar equipment, furniture, fixtures, and equipment. An upper-level four-bedroom apartment is also included.

The property occupies a signalized corner across from public parking and near the University of Wisconsin-Eau-Claire campus, which has approximately 10,000 students. The business has operated continuously since 2005, while the retained trade name allows a new owner to introduce a different identity or operating concept.

Key Highlights

  • 7,600 SF building arranged across three levels
  • Built in 2005
  • Commercial kitchen, bar equipment, and FF&E included

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $144.1k $18.96
− Vacancy −$3.7k −$0.49
EGI $140.3k $18.47
− OpEx −$35.1k −$4.62
NOI $105.3k $13.85
7,600 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use
Industrial
$8.58M
$7.51M – $10.01M (±1% cap)
NOI $600,415 @ 7.0% cap · market cap 50.03%
Second Best
Specialty Retail
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,262 @ 7.0% cap · market cap 8.77%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dooleys Pub Restaurant

Suggested Use

Top Pick Auto Parts Store Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service Daycare Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby
Well-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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Rolbiecki's Rinkside Bar & Grill 1004 menomonie st, eau claire, wi 54701
  • Valley Burger Company 1004 Menomonie St, Eau Claire, WI 54703
  • Dooleys Pub 442 Water St, Eau Claire, WI 54703
  • Ray's Place 838 Water St, Eau Claire, WI 54703
  • Mona Lisa's Restaurant 428 Water St, Eau Claire, WI 54703

Frequently Asked Questions

What type of property is this?
Bar & Pub - Includes a commercial kitchen, operating business, furnishings, and an upper-level apartment.
Where is this bar & pub located?
The property is located at 442 WATER ST Eau Claire, WI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,600 SF building arranged across three levels; Built in 2005; Commercial kitchen, bar equipment, and FF&E included
(715) 577-9027 Call to check price and availability
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