We are offering a fully planned 41-unit multi-family development with 56 indoor/outdoor parking spaces to be built located within the established Oakwood Business Park, one of Eau Claire’s proven commercial and employment corridors. This opportunity allows an investor to acquire the project prior to construction, with a clearly defined build path, income profile, and valuation benchmark, eliminating entitlement and early-stage development risk. 2 acres of vacant land with approved site plan, civil engineering, architectural documents, and all entitlements for a 41 unit muti-family development. Listing price reflects the total project cost of six million, which includes land and approved development rights totaling $1,058,868 to close (not including any additional buyer closing costs). Construction cost ($4,941,132) in a separate construction agreement to be executed at closing. Seller will offer option to manage for the right buyer. Construction cost may vary depending on the buyer's chosen start date.

Property Subtype: Other, See Remarks

Zoning: Commercial

Year Built: 2027

County: Eau Claire

Listing Agency: Property Minds

Listing Agent: Derek Trainor

Tax Amount: $8,428 for 2025

Interior Features


Basement:

None

Cooling:

Ductless

Heating:

Heat Pump

Sewer:

Public Sewer

Water:

Public

Other:

Handicap Access, Storage

Exterior and Lot Features


Exterior:

None

Parking:

Yes

$6,000,000

Active


4908 Bullis Farm Road
Eau Claire, WI 54701

MLS# 1598394 | Listed 18 days ago


27426 Square Feet