$550,000

0 Beds 0 Baths 31,050 Sqft

316 Eau Claire Street, Eau Claire, WI 54701

Property Type: Commercial
Time on Market: 3 days
Price per Sqft: $18
Lot Size: 0 x 0 x
Total Taxes: $15,586
Est. Age: 21+ Years

Description

Own a piece of Eau Claire history with the iconic State Theatre, prominently located in the heart of downtown! Rich in history and architectural character, this impressive commercial property offers approximately 31,050 square feet of versatile space suitable for a variety of uses. In addition to the expansive theater, the building features a dance studio and an entire lower level with potential for additional offices or other commercial uses. A portion of the building consisting of approximately 1,250 square feet, including five private offices and a reception area, underwent renovations in 2022. A new boiler was installed in 2021. The theater provides an exceptional setting for live performances, concerts, entertainment, conferences, and special events, while the additional spaces offer flexibility for professional offices, creative businesses, and more. With its prominent downtown location, historic charm, and versatile layout, this one-of-a-kind property is ideal for investors, business owners, or those looking to bring new life to a treasured Eau Claire landmark!

Property Details

Interior

Basement:
  • Full, Poured Concrete
Heating/Cooling:
  • Central Air, Forced Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 31,050
  • Estimated Sqft Range: 5001 or more

Exterior

Acreage:
  • Range: 0.5 to .99
Exterior:
  • Brick
Lot:
  • Size: 0 x 0 x
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

Commercial:
  • Features: Carpeting, Inside Storage, Restroom(s)
New Construction:
  • N
Postal:
  • Code: 54701
Real Estate Included:
  • Y
Street:
  • Name: Eau Claire Street
  • Suffix: STREET
Tax Year:
  • 2025
Zoning:
  • Commercial

Map

Listing Agent-Provided Directions:
  • From Hwy 53, take Exit 86 onto BusHwy 53. Continue north on Hastings Way, then left onto Brackett Ave. Follow Brackett Ave toward downtown Eau Claire and turn right onto S Farwell St. Continue to Eau Claire Street and turn left.

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Schools and Neighborhood

School District:
  • Eau Claire
Postal City:
  • Eau Claire
Municipality:
  • Name: EAU CLAIRE
  • Type: City
County:
  • EAU CLAIRE

Market Comparison

How this property compares to local market averages — calculated 10/14/2026

This Property
Eau Claire Commercial Property Avg
Eau Claire County Commercial Property Avg
List Price
$550,000
$1,286,510
$1,183,732
Median Price
—
$800,000
$550,000
Price / Sq Ft
$18
$106
$116
Days on Market
3 days
93 days
110 days
Total Listings
—
27
31

Listing Information

  • Time on Market: 3 days
  • Place Perfect Last Updated: 2026-10-11 16:27:47
  • MLS Number: 1605879
  • Subsystem Locale: WIREX_NWW
  • Listing Office: Elite Realty Group, LLC
  • Listing Agent: Mary Rufledt
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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