Medical Office in Eau
659 W Hamilton Ave Eau Claire, WI 54701
For Sale
$2,999,000
Move-in ready medical office space in a prime location.
Property Size15,000 SF
Price / SF$199.93
Days on Market115
Property Features for 659 W Hamilton Ave
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing Agency:
(715) 318-8666
Listed By:
Ryan Erickson · License #WI #58263-90
Source:
Naiglobal
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 24 at 6:21AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Financial Insights For Office B
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 | $360.0k | $24.00 |
| − Vacancy | −$81.4k | −$5.42 |
| EGI | $278.6k | $18.58 |
| − OpEx | −$69.7k | −$4.64 |
| NOI | $209.0k | $13.93 |
15,000 SF · lease $24.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.99M
$2.61M – $3.48M
NOI $208,980 @ 7.0% cap · market cap 6.97%
Second Best
Healthcare Medical
$2.88M
$2.52M – $3.36M
NOI $201,315 @ 7.0% cap · market cap 6.71%
Theoretical Best
Industrial
$16.93M
$14.81M – $19.75M
NOI $1,185,030 @ 7.0% cap · market cap 39.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
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.
