442 WATER ST, Eau Claire, WI 54703
Includes a commercial kitchen, operating business, furnishings, and an upper-level apartment.
Property Features for 442 WATER ST
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 54703, WI
Market
Vacancy Rate% for Retail in Midwest region
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