Listing Courtesy of: Spenser Nickelatti - eXp Realty LLC
866-848-6990
$1,999,999
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3055 State Road 16 La Crosse, WI 54601
General Commercial
Residence
Beds
Baths
...
Bed/Bath
5,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 proper...ty 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!
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Source MLS
Wisconsin Real Estate Exchange (WIREX)
Originating MLS
WIREX_METRO
MLS#
WIREX_METRO1902550
Property Type
General Commercial
Year Built
1982
Square Feet
5,000
sq. ft
Lot Size
0.77
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