2235 N Clairemont Ave - Freestanding FOR SALE


Eau Claire, WI 54703- Downtown Eau Claire
$1,500,000 USD
715-495-2785
2235 N Clairemont Ave, Eau Claire, WI for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/34
null | Request Cap Rate

2235 N Clairemont Ave
Eau Claire, WI 54703
Downtown Eau Claire


HIGHLIGHTS

  • Completely remodeled interior in 2023.
  • Absolute 7-Year NNN lease in place, makes for a strong tenant commitment and zero landlord responsibilities.
  • Located near high-traffic neighbors including Festival Foods, Kwik Trip, and 7 Brew, providing excellent visibility and convenience.

OVERVIEW

This absolute NNN property offers truly passive income, backed by a 7-year lease with options through a sale-leaseback structure. The tenant is an established scrapbooking and overnight retreat business with a loyal, repeat clientele and strong local brand presence! Comprehensively renovated in 2023, including a new 3,000 SF addition to the existing structure and a detached garage. Operating as a boutique scrapbooking store and overnight retreat, accommodating up to 16 overnight guests, the retreat portion features 4 private bedrooms with ensuite bathrooms and a shared full-size kitchen. This is a perfect opportunity for hands-off investors seeking a low-maintenance, income-producing asset in a growing and vibrant area of Eau Claire. With recent improvements and a long-term lease in place, this property offers both stability and peace of mind. Strategically located near high-traffic neighbors including Festival Foods, Kwik Trip, and 7 Brew, providing excellent visibility and convenience.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Picture This Retreat Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-3

APN/PARCEL ID

1822122710132409013,1822122710132409024

ASK ABOUT THIS PROPERTY

Amber CernohousUltra Commercial RealtyMore Info
715-495-2785

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Amber CernohousUltra Commercial RealtyMore Info
715-495-2785

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.