85 Milwaukee StLa Crosse, WI 54603
- Office properties
- 12,200 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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