550 Dewey St Eau Claire, WI 54703-3218

Property Details for 550 Dewey St

Year built

1926

Lot size

5.09 lot acres

Property size

125,009 SF

Zone code

R3

Property type

Assisted living facilities

Property subtype

Retirement homes

APN

01-0177- -000

APU

10177000

Description

This exceptional mixed-use property, located at 550 N Dewey St, Eau Claire, WI 54703, presents a unique investment opportunity. The 130,446 square foot building, situated on a 5.09-acre lot overlooking downtown Eau Claire, offers a diverse range of spaces. Originally constructed in 1926 with additions in 1967 and 1991, the property boasts a blend of office space, classrooms, dorm rooms, a gymnasium, cafeteria, commercial kitchen, laundry facilities, conference rooms, and ample storage/maintenance areas. The building has undergone multiple renovations throughout its history. The main structure is fully heated, insulated, and air-conditioned, excluding the gymnasium added in 1991. The property is zoned R-3 and has been owner-occupied since 1967 by Eau Claire Academy, a residential treatment center licensed for 135 residents. Its location in a well-established residential neighborhood provides convenient access to downtown Eau Claire, an area experiencing significant growth over the past five years. The asking price is $1,900,000, translating to $14.57 per square foot. This presents a compelling opportunity for owner-users seeking a versatile and substantial property in a thriving Wisconsin community. The three-story building offers significant potential for various uses given its size and existing infrastructure.

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Longitude

-91.5004

Latitude

44.8202

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments