3055 State Road 16 -, La Crosse, WI 54601
3055 State Road 16 -, La Crosse, WI 54601
3055 State Road 16 -, La Crosse, WI 54601
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Lindsey Vebber

Lindsey Vebber

+1(414) 334-0470
Listed by Spenser Nickelatti eXp Realty LLC
$1,999,999
Est. payment /mo
5,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $399

MLS Listing ID 1902550

Annual Tax Amount $19,318

Tax Year 2023

Acres 0.77

Property Sub-Type Commercial/Industrial

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

Interior

Cooling Central Air

Exterior

Roof Type Metal

Total Parking Spaces 46

Exclusions Tenants personal property

Building

Building Description Brick, Pole Sign,Rest Rooms,Handicap Access,Handicap Equipped,Other

Water Municipal Water

Structure Type Brick

Others

Tax ID 017010315050

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Lindsey Vebber
Lindsey Vebber

Team Lead, Licensed Broker

+1(414) 334-0470

229 E Fairmount Ave, Whitefish Bay, WI, 53217-5843, USA

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