550 Dewey StEau Claire, WI 54703

For Sale
$1,900,000

Prime Eau Claire investment: 130,446 sq ft, multi-use

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 130,446 SF mixed-use building on a 5.09-acre lot in Eau Claire, WI.
  • Located at 550 N Dewey St, overlooking downtown.
  • Features office space, classrooms, dorm rooms, gym, cafeteria, commercial kitchen, and ample storage.
  • Zoned R-3, currently owner-occupied by Eau Claire Academy (licensed for 135 residents).
  • Asking price: $1,900,000 ($14.57/SF).

Property Details for 550 Dewey St

Property type
Other specialty properties, Churches & religious facilities
Square Feet
130,446 SF
Stories
3
Lot Size (sq. ft)
221,720 SF

Location Insight

City
Eau Claire
County
Eau Claire
State
Wisconsin
Latitude
44.8201037
Longitude
-91.5004441
550 Dewey St, Eau Claire, Wisconsin

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550 Dewey St
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