3055 State Road 16 -, La Crosse, WI 54601 (MLS # 1902550)

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PRICE $1,999,999 dsIDX morgage calculator
SIZE 5,000 sqft
LOT SIZE 33,542 sqft

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!

LAST UPDATED 1/18/2025 YEAR BUILT 1982
COUNTY La Crosse STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Jan 18, '25 $2,300,000
Jan 18, '25 - Today $1,999,999


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
BASEMENT None
CONSTRUCTION Brick
INTERIOR Handicap Access, Handicap Equipped, Other, Pole Sign, Rest Rooms
LOT 0.77 acre(s)
TAXES 19318
WATER Public
ZONING Commercial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with eXp Realty LLC
Metro Wisconsin

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