3055 State Road 16 -, La Crosse, WI 54601
3055 State Road 16 -, La Crosse, WI 54601
3055 State Road 16 -, La Crosse, WI 54601
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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Listed by Spenser Nickelatti eXp Realty LLC
$ 1,500,000
Est. payment | /mo

5,000 SqFt


Save
$ 1,500,000
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $300

MLS Listing ID 1902550

Year Built 1982

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

Metro MLS IDX  (Broker Only)

Go tour this home

3055 State Road 16 -

REVIEWS

Buyer

June 23, 2026

It was a pleasure working with Keisha . She was very good with explaining information to educate me through out the process of purchasing a home . . Keisha was very professional and caring as well . I would refer her to another person who is interested in purchasing a home .

Denise Walton

July 10, 2026

I appreciated Keshia's professionalism with both the buying and selling of my properties. Throughout both experiences, she was incredibly professional and made the entire process feel truly painless. I was so impressed that we received an offer within just two weeks of her listing the property. When the first buyer attempted a low offer, I really appreciated how tactfully Keshia declined the offer, with my approval of course. Seeing a second offer come in during that same week for MORE than the listing price was fantastic! I also appreciate how Keshia was always available to explain documents and for answering all of my questions so quickly. She is a wonderful hands-on agent, and her commitment to walking me through every step of the process made me feel completely comfortable. It was such a pleasure to work with her.

Ruth Chojnacki

October 20, 2023

Keshia is a superb real estate agent whose extraordinary competence and responsiveness inspired our confidence during a summer of searching. She listened carefully to what we hoped to find in a new home as we assessed those we visited, pointing out good and not-so-good qualities at each.. Her availability, consistent communication, warmth, and extraordinary diligence were a wonderful source of support for us. Most important, Keshia identified a home that perfectly matched our desires and guided us to a successful offer. In short, we loved working with Keshia Tally. We are grateful for her service and sure that prospective real estate clients will find her an excellent partner.