$1,999,999
$300K PRICE DROP

3055 State Rd La Crosse, WI 54601

Bluffside Neighborhood

Estimated payment $12,297/month

Total Views 64,429
-- Bed
-- Bath
5,000 Sq Ft
$400 Price per Sq Ft

About This Home

SELLER FINANCING available with adequate down payment! Prime opportunity to own highly desired real estate right along Highway 16. Own a turnkey building with a rock solid national tenant that has been a pillar restaurant in the community for decades. Modified lease in place and priced at a 6.4 cap rate. Tenant responsible for ALL expenses except property taxes. Lease with current tenant runs through February 2027 which allows landlord to adjust monthly rent to account for property taxes. Over .75 acre lot with excellent visibility off of HWY 16 and tons of parking. Don't miss out on this investment opportunity!

Listing Agent

Spenser Nickelatti

eXp Realty LLC License #83357-94 Listed on: 12/27/2024

eXp Realty LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,318

Lot Details

  • 33,541 Sq Ft Lot
  • Property fronts a state road

Parking

  • 46 Parking Spaces

Home Design

  • 5,000 Sq Ft Home
  • Brick Exterior Construction
  • Metal Roof

Additional Features

  • Handicap Accessible
  • Central Air

Community Details

  • Net Operating Income $147,600

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 017010315050

Property Details

Property Type

Other

Est. Annual Taxes

$19,318

Lot Details

0.77 Acres

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.77
  • Road Frontage Type: State Road, High Visibility, Near Public Transit
  • Directions: North on Hwy 16 from La Crosse, Property on Left just before Onalaska
  • Property Information:Est Total Sq Ft: 5000
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Exclusions: Tenants personal property
  • Construction Type: Brick
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 46

Utilities

  • Green Building Features: Pole Sign, Rest Rooms, Handicap Access, Handicap Equipped, Other
  • Cooling: Central Air
  • Cooling Y N: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 017010315050

Rental Info

  • Land Lease Amount: 12300

Multi Family

  • Property Net Operating Income: 147600

Tax Info

  • Tax Annual Amount: 19318
  • Tax Year: 2023

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2025 01/18/25 Price Changed $1,999,999 -13.0% $400 / Sq Ft
12/26/2024 12/26/24 For Sale $2,300,000 -- $460 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1902550

Metro MLS
Wisconsin La Crosse County La Crosse 54601 Bluffside

3055 State Rd, La Crosse, WI

For Sale

Other

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Spenser Nickelatti
Listing Agent
Spenser Nickelatti
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eXp Realty LLC
(608) 747-7434
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