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    701 Farwell St Eau Claire, WI 54701

    Sponsored
    For Sale
    $2,100,000

    Massive 50,600 SF lot, endless potential.

    Property size:
    50,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50,600 square foot commercial land parcel, located at 701 Farwell Street in Eau Claire, Wisconsin, presents a unique investment opportunity. Priced at $2,100,000, this property offers significant potential for redevelopment or repurposing. The site currently features a substantial building previously used for manufacturing, boasting numerous office spaces, conference rooms, and ample storage areas. A key feature is the inclusion of multiple loading dock areas with convenient garage entry. The lower level provides expansive space with high ceilings, ideal for various uses. The property also includes valuable downtown Eau Claire parking lots, a significant asset in a vibrant urban setting. The previous occupant, The Leader-Telegram, has relocated, opening the door for creative and innovative uses of this iconic space. The property's size and location in Eau Claire, WI, zip code 54701 (latitude 44.8084086, longitude -91.4947727), make it an attractive proposition for developers and investors seeking a large-scale project with substantial upside. The possibilities are truly limitless for this remarkable property. This is a rare opportunity to acquire a significant piece of Eau Claire's commercial landscape.

    Property Features for 701 Farwell St

    General Information

    Property type
    Land
    Square Feet
    50,600 SF

    HighLights

    • $2,100,000 asking price.
    • 50,600 square foot commercial land parcel.
    • Located at 701 Farwell Street, Eau Claire, WI 54701.
    • Former manufacturing building with office spaces, conference rooms, loading docks, and ample storage.
    • Large lower level with high ceilings.
    • Includes downtown Eau Claire parking lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    taste in the valley eau ... Wholesaler Eau Claire Press ... Credit Union Pixel Ink Eau ... Marketing Agency Country Today Marketing Consultant Leader Printing Commercial Printer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -91.4947727
    Latitude
    44.8084086

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    FAQs

    What type of property is this?
    Land - Massive 50,600 SF lot, endless potential.
    Where is this land located?
    The property is located at 701 Farwell St Eau Claire, WI.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price.; 50,600 square foot commercial land parcel.; Located at 701 Farwell Street, Eau Claire, WI 54701.
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    Realmo Value Estimation

    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.

    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.

    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
    701 Farwell St Eau Claire, WI 54701
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