Mixed-Use Building with Studio
New
For Sale
$1,150,000
521 N Bridge Street, Chippewa Falls, WI 54729
CommercialSale, Chippewa Falls, WI
Property Size8,495 SF
Lot Size0.25 Acres
Price / SF$135.37
Days on Market3
Property Features for 521 N Bridge Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Interior features
HandicapAccess, Storage
Accessibility
Accessible Approach with Ramp
Elementary school district
Chippewa Falls Area Unified
Middle school district
Chippewa Falls Area Unified
High school district
Chippewa Falls Area Unified
Directions
From Hwy 29, take Exit 79 onto Business Hwy 29 toward Chippewa Falls. Follow signs for Hwy 124/Downtown and continue north onto Bridge Street. Continue onto N. Bridge Street; property is located at 521 N. Bridge Street.
Standard status
Active
APN
22808061360061012
Size
8,495 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALLEN'S ADDITION LOT 12 & NW 62' OF LOT 13 EX PCL 25' X 62' FOR ALLEY DEDICATION AS IN V654 P634 BLK 10
Tax Annual Amount
10934
Legal Description
ALLEN'S ADDITION LOT 12 & NW 62' OF LOT 13 EX PCL 25' X 62' FOR ALLEY DEDICATION AS IN V654 P634 BLK 10
Utilities
Sewer type
Public Sewer
Heating system
Radiant Floor, Forced Air, Radiant
Cooling system
Central Air
Water source
Public
Building Details
Year built
1960
Building materials
AluminumSiding, Brick
Additional Structures
Storage
Listing Agency:
CB Brenizer/Eau Claire · Coldwell Banker Real Estate
(715) 835-4344
Listed By:
Sissy Knopps · License #76704-94
(715) 723-5521
Added: Oct 8
Last Checked: Oct 10 at 6:06PM
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.
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.
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
