Mixed-Use Property with Flexible
New
For Sale
$1,150,000
521 N Bridge Street, Chippewa Falls, WI 54729
Current occupants include a dance studio and waxing service, alongside vacant space with a conference room, kitchen, and bathroom.
Property Size8,495 SF
Price / SF$135.37
Days on Market3
Property Features for 521 N Bridge Street
General Information
Standard status
Active
Size
8,495 SF
Taxes and HOA fees
Annual Taxes
$10,933
Building Details
Tenancy
Multi
Listing Agency:
CB Brenizer/Eau Claire
(715) 835-4344
Listed By:
Sissy Knopps · License #7670494
(715) 723-5521
Source:
Exprealty
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:53AM
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 CB Brenizer/Eau Claire
Investment Insights
Based on property information with market context.
This mixed-use property has space occupied by a dance studio and a waxing service, as well as a vacant area with a conference room, kitchen, and bathroom. The existing mix of occupied and unoccupied space supports a range of business configurations.
Key Highlights
- Occupied by a dance studio and waxing service
- Vacant area includes a conference room, kitchen, and bathroom
- Located on N Bridge Street in Chippewa Falls, Wisconsin
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,012
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,240
$1.7M
Cap Rate 7%
$1,228,743
$1.2M
Cap Rate 9%
$955,689
$955.7K
Market Conditions
NOI Build-Up for 8,495 SF
Gross rent
$152.9K $18.00/SF
− Vacancy
−$15.3K −$1.80/SF
EGI
$137.6K $16.20/SF
− OpEx
−$51.6K −$6.07/SF
NOI
$86.0K $10.13/SF
Area
Chippewa County, WI
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,240
Cap Rate 7%
$1,228,743
Cap Rate 9%
$955,689
Alternative Uses
Best Use
Mixed Use
$1.23M
$1.08M – $1.43M
NOI $86,012 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.72M
$4.13M – $5.50M
NOI $330,130 @ 7.0% cap · market cap 28.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 54729, WI
33,980
Population
15,386
Households
2.2
Avg Household Size
42
Median Age
30%
College-Educated
95%
High-School Grad
165.0 sq mi
ZIP Area
206
Density / Sq Mi
$76,603
Median Household Income
$44,792
Median Earnings
$1,022
Median Rent
$263,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Current occupants include a dance studio and waxing service, alongside vacant space with a conference room, kitchen, and bathroom.
Where is this mixed-use property located?
The property is located at 521 N Bridge Street Chippewa Falls, WI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Occupied by a dance studio and waxing service; Vacant area includes a conference room, kitchen, and bathroom; Located on N Bridge Street in Chippewa Falls, Wisconsin
