505 King StLa Crosse, WI 54601

Property Details for 505 King St

Lot size

0.70 AC

Property type

Office buildings

APN

017-020036-030

APU

17020036030

Description

This exceptional La Crosse, Wisconsin commercial property, located at 505 King Street, offers a unique blend of office and warehouse space. The three-story building, constructed in 1947, boasts a total of 23,083 square feet situated on a 0.7-acre lot. Currently, there are multiple tenants, with approximately 1,100 square feet of vacant space available. The available office space ranges from 600 to 4,659 square feet, providing flexibility for various business needs. The building is zoned commercial and features ceiling heights ranging from 8 to 10 feet, ideal for both office and storage applications. The property's location in La Crosse's downtown area offers excellent visibility and accessibility. The property's APN is 017020036030, and it is located in La Crosse County, Wisconsin, zip code 54601. This property presents a compelling opportunity for businesses seeking a versatile and well-located space. The minimum lease term is three years. This is a prime opportunity to establish a presence in a thriving downtown La Crosse location. The property's combination of office and warehouse space makes it suitable for a wide range of businesses. The available space offers a chance to customize the layout to meet specific operational requirements. The building's solid construction and established location provide a stable and attractive investment. Interested parties should inquire about available space and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $5,040,884

  6.5%

  $4,653,123

  7%

  $4,320,757

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,562,998

  Geo Method

  $1,562,998

• Alternative Use

  Use

  Valuation

  Residential

  $5,769,872

  Hospitality

  $5,285,172

  Educational

  $4,397,201

  Medical

  $4,548,428

  Retail

  $6,840,091

Location Insight

City

La Crosse

County

La Crosse

State

Wisconsin

Latitude

43.8104

Longitude

-91.2497

CBSA code

29100

CBSA name

LA CROSSE, WI-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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