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    Victorian in Chippewa Falls Title is generated by Realmo AI

    603 Bay Street, Chippewa Falls, WI 54729

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    For Sale
    $349,900

    COMMERCIAL - Chippewa Falls, WI

    Property size:
    3,472 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $100/SF
    Added:
    Aug 12, 2025
    Days on Market:
    306
    Last Refresh:
    Jun 13 at 7:06 am

    Property Features for 603 Bay Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Interior features
    Furnished, HandicapAccess, Storage
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    22808-0613-60061705
    Size
    3,472 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    4909

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Radiant, Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1895
    Building materials
    VinylSiding
    Additional Structures
    Storage

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    Listing Contact
    Amber Linhart
    Amber Linhart

    Listing agent Amber Linhart License #68163-94

    Listing office CB Brenizer/Chippewa 600 Bay St, Chippewa Falls, WI

    Listing date Aug 12, 2025

    MLS# 1594679

    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.

    HighLights

    • Six bedrooms and 2.5 bathrooms offer ample space.
    • Versatile layout suitable for residential, commercial, or investment use.
    • Located in the heart of downtown.
    • Equipped with modern safety features: fire alarm and sprinkler system.
    • Handicap accessible with ramp and other accessibility features.
    • Historic Victorian built in 1895 with timeless character.

    Overview

    Located in downtown Chippewa Falls, this Victorian-style property features six bedrooms and 2.5 bathrooms. The 3,472-square-foot building sits on a 0.2-acre lot. Equipped with a fire alarm and sprinkler system, the property combines timeless character with modern safety features. The interior includes spacious bedrooms and a dedicated office. The versatile layout makes it suitable for residential living, commercial use, or investment opportunities. Previously operated as a group home, the property is equipped to meet higher standards of safety and function.

    Local Financial Insights For Apartment 5plus

    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 $50.0k $14.40
    − Vacancy −$2.5k −$0.72
    EGI $47.5k $13.68
    − OpEx −$21.4k −$6.16
    NOI $26.1k $7.52
    3,472 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $373.2K
    $326.5K – $435.4K (±1% cap)
    NOI $26,123 @ 7.0% cap · market cap 7.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $1.93M
    $1.69M – $2.25M (±1% cap)
    NOI $134,928 @ 7.0% cap · market cap 38.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chippewa Falls
    County
    Chippewa
    State
    Wisconsin
    Longitude
    -91.396943
    Latitude
    44.938594

    FAQs

    What type of property is this?
    Specialty property - Six-bedroom Victorian with commercial and residential potential in downtown.
    Where is this specialty property located?
    The property is located at 603 Bay Street Chippewa Falls, WI.
    What is the asking price?
    The asking price for this property is $349,900.
    What are key features of this property?
    This property features: Six bedrooms and 2.5 bathrooms offer ample space.; Versatile layout suitable for residential, commercial, or investment use.; Located in the heart of downtown.
    More about this property
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