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Property profile & analytics
FOR LEASE
Office buildings

221 W Madison St Eau Claire, WI 54703

54,420 SF 2.3 ac lot Built 1999
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US92-0209386
Property summary
AI-generated overview

The West Riverside Building, located at 221 W Madison St, Eau Claire, WI 54703, offers a prime opportunity for businesses seeking executive office space in a vibrant downtown location. This Class B building, constructed in 1999, boasts a total of 54,420 square feet, with 15,000 square feet currently available for lease. The space is ideal for a variety of uses, including office or medical practices, and offers flexible layouts with divisible space options to accommodate diverse needs. The building's central location provides easy access to key amenities, including the Mayo Clinic and Kwik Trip, ensuring convenience for both employees and clients. Ample parking is available on-site, addressing a common concern for businesses in urban settings. The available space is part of a multi-tenant building, fostering a collaborative and dynamic work environment. This is a unique opportunity to secure a significant amount of office space in a desirable location within Eau Claire's thriving downtown area. The property offers the potential for customization and adaptation to suit specific business requirements. Interested parties are encouraged to inquire about the various layout options and divisible space possibilities to find the perfect fit for their operational needs. Don't miss this chance to establish your business in a well-situated and versatile office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 54,420 SF
Lot 2.3 ac (100,159 SF)
Zoning code CBDP
APN 09-0062- -000
UPID US92-0209386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wisconsin Vocational Rehab Charitable Organization Social Service Agency
  • Wisconsin SBDC - Eau Claire Business Management Consultant Business Development Service
  • West Riverside Building Business Service Center Corporate Office
  • Tammy Bednar Counselor Marriage Or Relationship Counselor
  • Great Lake Systems Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.64M
Blend (final) Blend
$5.98M
Owner & transaction history
221wms LLC · 8 yrs held
221wms LLC
since 2018
7 recorded transactions
2026
Price N/A
2020
Price N/A
2018
$5.5M
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CBDP · Eau Claire, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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