Mixed-Use Building with Studio
521 N Bridge Street, Chippewa Falls, WI 54729
For Sale
$1,150,000
CommercialSale, Chippewa Falls, WI
Property Size8,495 SF
Lot Size0.25 Acres
Price / SF$135.37
Days on Market38
Property Features for 521 N Bridge Street
General Information
Property type
Property subtype
Rooms
Interior features
Accessibility
Elementary school district
Middle school district
High school district
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Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
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Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
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Cooling system
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Building Details
Year built
Building materials
Additional Structures
Listing Agency:
CB Brenizer/Eau Claire · Coldwell Banker Real Estate
(715) 835-4344
Listed By:
Sissy Knopps · License WI 76704-94
(715) 723-5521
Added: Oct 8
Changed: Oct 23
Last Checked: Nov 14 at 8:06PM
MLS# 1605820
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 8,495-square-foot mixed-use property was built in 1960. Its current layout includes space used by a dance studio and a waxing service, along with a vacant area featuring a conference room, kitchen area, and bathroom. Interior storage is also available.
The 0.25-acre property has public water and sewer service. Building features include central air conditioning, radiant floor heating, and forced-air heating, with an accessible approach and ramp.
The 0.25-acre property has public water and sewer service. Building features include central air conditioning, radiant floor heating, and forced-air heating, with an accessible approach and ramp.
Key Highlights
- 8,495‑square‑foot mixed‑use property on 0.25 acres
- Current uses include a dance studio and waxing service
- Vacant space includes a conference room, kitchen area, and bathroom
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
738
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 - A ramped accessible entrance serves a building with central air and radiant and forced-air heating.
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: 8,495‑square‑foot mixed‑use property on 0.25 acres; Current uses include a dance studio and waxing service; Vacant space includes a conference room, kitchen area, and bathroom
