3055 State Road 16, La Crosse, WI 54601-1824
3055 State Road 16, La Crosse, WI 54601-1824
3055 State Road 16, La Crosse, WI 54601-1824
3055 State Road 16, La Crosse, WI 54601-1824
3055 State Road 16, La Crosse, WI 54601-1824
3055 State Road 16, La Crosse, WI 54601-1824
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
Listed by Spenser Nickelatti • eXp Realty LLC
$ 1,500,000
Est. payment | /mo

5,000 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3501 or more,3501-5000,2501 or more

Square Footage 5,000 sqft

Price per Sqft $300

Municipality LA CROSSE

MLS Listing ID 1902550

Year Built 1982

Annual Tax Amount $19,318

Tax Year 2023

Lot Size 0.770 Acres

Acres 0.77

Property Description

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!

Location

State WI

County La Crosse

Zoning Commercial

Direction North on Hwy 16 from La Crosse, Property on Left just before Onalaska

Rooms

Basement None / Slab

Interior

Heating Natural Gas

Cooling Central Air, Forced Air

Exterior

Garage Spaces 46.0

Parking On Site 46

Roof Type Metal

Total Parking Spaces 46

Building

Building Age 21+ Years

Dwelling Type Free Standing

Story 1

Sewer Municipal Water

Structure Type Brick,Brick/Stone

New Construction N

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Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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3055 State Road 16