3055 State Road 16, La Crosse, WI
$1,999,999
5,000
Square feet
0.77
Acres
About 3055 State Road 16
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!
Features of 3055 State Road 16
| MLS® # | 1902550 |
|---|---|
| Price | $1,999,999 |
| Square Footage | 5,000 |
| Acres | 0.77 |
| Year Built | 1982 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 3055 State Road 16 |
|---|---|
| City | La Crosse |
| County | La Crosse |
| State | WI |
| Zip Code | 54601 |
Amenities
| Parking Spaces | 46 |
|---|
Interior
| # of Stories | 1 |
|---|---|
| Stories | 1 |
| Basement | None |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Metal |
Additional Information
| Zoning | Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $19,318 |
| Tax Year | 2023 |
| Agent | Spenser Nickelatti |
| Office | eXp Realty LLC |
Listing Details
| Office | eXp Realty LLC |
|---|