316 Eau Claire Street, Eau Claire, WI 54701

31,050 sqft · $18/sqft · 0.53 acres · Built 1926

MLS# 1605879

Listed Oct 11, 2026 at 11:00 AM

About 316 Eau Claire Street, Eau Claire, WI 54701

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

Possession: Close Of Escrow
Zoning: Commercial
Heating: Forced Air
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Foundation: Poured
Construction: Brick
Interior Features: Handicap Access, Storage
Flooring: Carpet
Accessibility: Accessibility Features, Other
County: Eau Claire
Township: City of Eau Claire
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.
Parcel Number: 221020413
Legal Description: Lengthy - See Agent Remarks
Listing Brokerage: Elite Realty Group, LLC

Location

Parks
Boat landings
Bike trails

What's Near 316 Eau Claire St, Eau Claire, WI 54701

Nearby Parks

University Park

0.2 mi
Phoenix Park

0.2 mi
Owen Park

0.6 mi

Nearby Boat Landings

Hobbs Landing

1.3 mi
Anson Boat Launch

14.5 mi

Nearby Bike Trails

Eau Claire Area Schools

Eau Claire Area School District

Nearby colleges & universities

UW–Eau Claire 1 mi · Eau Claire
CVTC – Eau Claire 2.5 mi · Eau Claire
CVTC – Chippewa Falls 10.1 mi · Chippewa Falls

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.