85 Milwaukee StLa Crosse, WI 54603

  • Office properties
  • 12,200 SF
For Lease
$10/SF/YR View listing

Property Details for 85 Milwaukee St

Year built
1973
Lot size
0.82 AC
Property size (Sq ft)
12,200 SF
Property type
Office properties
Property subtype
Office buildings
APN
017-020248-030
APU
17020248030

Description

This versatile 15,000 square foot commercial property, built in 1973, offers a unique blend of office and warehouse space. Located on a 0.817-acre lot in La Crosse, Wisconsin, this Class B building boasts significant flexibility for a variety of businesses. Currently, approximately 13,100 square feet is available for lease, with a potential for up to 11,000 contiguous square feet. An additional 2,000 square foot mezzanine provides extra storage or office space. The property features high ceilings ranging from 21 to 22 feet, ideal for warehousing or high-volume storage needs. Loading and unloading are facilitated by two loading docks and two drive-in doors. Ample parking is available with 40+ total spaces. The building is equipped with 3-phase power. Its convenient location near downtown La Crosse, the River Point Development, and Highway 53 (just two blocks away) provides easy access to major transportation routes, including Interstate-90, which is only 10 minutes away. The property's history includes use as accounting offices and currently houses one tenant, with additional space dedicated for a brewery. This presents a compelling opportunity for businesses seeking a well-located, adaptable space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,008,254
    6.5%
    $1,853,773
    7%
    $1,721,361
  • Comparable approach

    Method
    Valuation
    Relative Method
    $622,688
    Geo Method
    $622,688
  • Alternative Use

    Use
    Valuation
    Residential
    $2,298,679
    Hospitality
    $2,105,578
    Educational
    $1,751,816
    Medical
    $1,812,063
    Retail
    $2,725,047
85 Milwaukee St, La Crosse, Wisconsin

Location Insight

City
La Crosse
County
La Crosse
State
Wisconsin
Latitude
43.826
Longitude
-91.2531
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
$19,774
$148,900
$808,900
$957,800
-
$148,900
$808,900
$957,800

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