324 3Rd StLa Crosse, WI 54601

  • Retail properties
  • 8,406 SF
For Lease
$15/SF/YR View listing

Property Details for 324 3Rd St

Year built
1946
Lot size
0.46 AC
Property size (Sq ft)
8,406 SF
Property type
Retail properties
Property subtype
Auto shops
APN
017-020027-120
APU
17020027120

Description

This 8,391 sq ft property at 324 3rd St S, La Crosse, WI 54601, is situated on a 0.46-acre corner lot in the thriving central business district. Built in 1946, this single-story building features a main reception/showroom area (approx. 1500 sq ft with 12' ceilings), ample flexible heated shop space (approx. 7000 sq ft with 18' ceilings), and four 14' overhead doors allowing for drive-through access. The property also includes four mezzanines offering approximately 700 sq ft of additional storage, two restrooms, and a partially enclosed covered storage area (28x15 ft). The masonry building boasts eight parking spaces and is zoned for business/commercial use. The property is available for rent in its entirety, or the seller will consider subdividing the space. Surrounded by recently redeveloped land, this high-profile location presents significant opportunities for businesses seeking a prominent presence in La Crosse's dynamic downtown area. The APN is 017020027120.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,034,069
    6.5%
    $1,877,602
    7%
    $1,743,488
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,081,186
    Geo Method
    $1,081,186
  • Alternative Use

    Use
    Valuation
    Residential
    $1,583,828
    Hospitality
    $1,450,778
    Educational
    $1,207,030
    Medical
    $1,248,541
    Retail
    $1,877,602
324 3Rd St, La Crosse, Wisconsin

Location Insight

City
La Crosse
County
La Crosse
State
Wisconsin
Latitude
43.8103
Longitude
-91.2539
CBSA code
29100
CBSA name
LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,595
$341,400
$317,100
$658,500
-
$341,400
$317,100
$658,500

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