3055 State Road 16 -, La Crosse, WI 54601
$1,999,999
MLS #: 1902550
| 5,000 Sq Ft |
Description of 3055 State Road 16 -, La Crosse, WI 54601
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!
Property Features of 3055 State Road 16 -, La Crosse, WI 54601
Listing courtesy of: eXp Realty LLC
TYPE
Industrial
Industrial
Year Built
1982
1982
Annual Taxes
$19,318.00
$19,318.00
Acres
.77
.77
Features
| Central air |
| Brick exterior |
| Lot acreage is: 0.77 |
| Lot sqft: 33541.2 |
| Lot on state road |
| Lot zoned: Commercial |
| Road frontage: State Road |
| Handicap access |
| Metal roof |
| Public water |
| For sale |
| Tax year: 2023 |