Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    659 W Hamilton Ave Eau Claire, WI 54701

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,999,000

    Move-in ready medical office space in a prime location.

    Type:Office
    Property size:
    15,000 SF
    Added:
    Apr 1, 2026
    Days on Market:
    22
    Last Refresh:
    Apr 1 at 11:44 am

    Property Features for 659 W Hamilton Ave

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    2004

    We can help!

    Listing Contact
    Ryan Erickson

    Listing agent Ryan Erickson License #WI #58263-90

    Listing office

    Listing date Apr 1, 2026

    Source Naiglobal

    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 Ryan Erickson

    Overview

    Medical Office in Eau Claire

    This medical office property is located in the heart of the medical district in Eau Claire. The building encompasses just over 15,000 square feet and is designed to support efficient medical operations, featuring a functional layout suited for a variety of clinical uses. The property features high-quality construction, professional finishes, and an inviting environment. Its location within the established healthcare corridor provides convenient access for patients and proximity to other medical services, making it suitable for a growing or relocating practice.
    Location Intelligence

    Current Use by Public Records

    Schoeneberger Barbra Jayn Alternative Medicine Practice Eau Claire Heart ... Medical Clinic Dr. Abd G. ... Physician Dr. Mahmoud Sharaf, ... Physician Abd G E ... Physician

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Eau Claire
    County
    Eau Claire
    State
    Wisconsin
    Longitude
    -91.505356
    Latitude
    44.785213

    Nearby Similar for Sale

    • $475,000
      6,985 SF

      Eau Claire Commercial Opportunity

      23-bedroom property with versatile potential in Eau Claire, Wisconsin.
      678 Wisconsin Street, Eau Claire, WI 54703
      View Details
    • $350,000
      2,700 SF

      Well-Maintained Duplex in Eau Claire

      Southside duplex with excellent rental history in a desired location.
      1712/1714 Chumas Drive unit: 2, Eau Claire, WI 54701
      View Details
    • $365,000
      4,448 SF

      Fourplex in Eau Claire, WI

      Four-unit multifamily property with investment and owner-occupancy potential.
      109 S Michigan Street, Eau Claire, WI 54703
      View Details
    • $209,900
      1,694 SF

      Eau Claire Duplex Opportunity

      Downtown Eau Claire duplex near restaurants, shops, and parks.
      715 S Dewey Street unit: 2, Eau Claire, WI 54701
      View Details
    • $199,900
      2,073 SF

      Well-Maintained Duplex Investment Opportunity

      Duplex with long-term tenants, steady income, and flexible future use.
      635 Centre Street unit: 0, Eau Claire, WI 54703
      View Details
    • $299,900
      1,840 SF

      Eau Claire Duplex For Sale

      Charming duplex in Eau Claire's desirable East Hill neighborhood.
      1721 Hogeboom, Eau Claire, WI 54701
      View Details
    • $389,000
      4,100 SF

      Versatile Warehouse and Office Property

      Warehouse and office property with excellent accessibility and ample parking.
      1703 Western Ave, Eau Claire, WI 54703
      View Details
    • $599,000
      7,110 SF

      Prime Retail Space on Brackett Avenue

      Highly visible commercial property in established Eau Claire location.
      1807 Brackett Ave, Eau Claire, WI 54701
      View Details
    • $959,000
      8,267 SF

      Eau Claire Multi-Tenant Investment Opportunity

      Multi-tenant commercial property in Eau Claire with income and upside.
      1025 Starr Ave, Eau Claire, WI 54703
      View Details
    • $930,000
      12,120 SF

      High Visibility Commercial Property

      Fully leased building on corner lot with high traffic exposure.
      2425 Seymour Rd, Eau Claire, WI 54703
      View Details
    • $194,900
      1,754 SF

      Updated Duplex Near Downtown Eau Claire

      Recently updated duplex in central Eau Claire location.
      625 N Barstow Street unit: 1-2, Eau Claire, WI 54703
      View Details
    • $214,900
      1,350 SF

      Fully Rented Eau Claire Duplex

      Fully rented duplex with good rental history near downtown Eau Claire.
      2736 3rd Street, Eau Claire, WI 54703
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready medical office space in a prime location.
    Where is this medical office space located?
    The property is located at 659 W Hamilton Ave Eau Claire, WI.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Prime location in the heart of Eau Claire's medical district.; Move‑in ready clinic space suitable for healthcare providers.; Spacious 15,000+ square foot building.
    (715) 318-8666
    We can help!
    Listing Contact
    Ryan Erickson
    Real Estate License ID: WI #58263-90
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!