Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    525 2Nd St La Crosse, WI 54601

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Mixed-use development in downtown La Crosse with leasing opportunities.

    Property Features for 525 2Nd St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Brian Wolff
    Brian Wolff
    Source: Cbre

    Listing Agent: Brian Wolff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Historic Landmark Mixed-Use Development

    Located in downtown La Crosse, the Landmark by the Rivers is a historic mixed-use development offering leasing opportunities for various tenants. The property is suitable for a signature restaurant, retailers of varying sizes, office spaces, a grocery store, fitness center, brewery, and medical tenants. Architectural features include vintage brick, reclaimed industrial components, oversized windows, and soaring ceiling heights. The available North Building offers 24,000 square feet at $8.00 per square foot. Restaurant space is available, offering 6,000 square feet at $14.00 per square foot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Crosse
    County
    La Crosse
    State
    Wisconsin
    Longitude
    -91.2518244
    Latitude
    43.8170148

    Nearby Similar for Lease

    • Contact for pricing
      2,500 SF

      Versatile Commercial Space on State Road

      2,500 sq ft office with storage and optional apartment.
      N3239 State Rd, La Crosse, WI 54601
      View Details
    • Contact for pricing
      2,000 SF

      Downtown La Crosse Commercial Space

      Renovated commercial space with high visibility in downtown La Crosse.
      221 3Rd St, La Crosse, WI 54601
      View Details
    • Contact for pricing
      3,040 SF

      Versatile Commercial Space in La Crosse

      Commercial space with shop, warehouse, offices, and loading dock.
      2635 Hemstock St, La Crosse, WI 54603
      View Details
    • Contact for pricing
      150,000 SF

      Industrial Warehouse and Office Space

      Up to 50,000 SF available for lease.
      1309 Norplex Dr, La Crosse, WI 54601
      View Details
    • Sponsored
      Contact for pricing

      WI, La Crosse - 3rd Street North

      Flexible workspace in FL, Palm Coast - Palm Coast Parkway
      232 3Rd St, La Crosse, WI 54601
      View Details
    • Contact for pricing
      1,550 SF

      La Crosse Office Space Available

      Professional office space with marsh view and highway signage.
      1421 State Rd, La Crosse, WI 54601
      View Details
    • Contact for pricing
      13,160 SF

      La Crosse Warehouse Space Available

      Heated warehouse with loading docks and negotiable office space.
      3211 George St, La Crosse, WI 54603
      View Details
    • $8 SF/Yr
      22,000 SF

      Historic Landmark Mixed-Use Development

      Mixed-use development with retail, office, and restaurant leasing opportunities.
      401 2Nd St North, La Crosse, WI 54601
      View Details
    • $15 SF/Yr
      46,870 SF

      Modern Office Space in La Crosse

      New construction office spaces with flexible floor plans.
      232 3Rd St South, La Crosse, WI 54601
      View Details
    • Contact for pricing
      1,200 SF

      Downtown Building with Onsite Parking

      1200 SF building with 26 parking spaces in LaCrosse.
      227 3Rd St, La Crosse, WI 54601
      View Details
    • Contact for pricing

      Riverside Center III Office Space

      Six-story office building in downtown La Crosse for lease.
      102 Jay St, La Crosse, WI 54601
      View Details
    • $13 SF/Yr
      8,000 SF

      Turn-Key Fitness Center Opportunity

      Fully equipped fitness center with existing membership base for rent.
      332 Front St South, La Crosse, WI 54601
      View Details

    FAQs

    What type of property is this?
    Retail space - Mixed-use development in downtown La Crosse with leasing opportunities.
    Where is this retail space located?
    The property is located at 525 2Nd St La Crosse, WI.
    What are key features of this property?
    This property features: - Historic Landmark by the Rivers location in downtown La Crosse.; - Mixed-use development with diverse tenant opportunities (restaurant, retail, office, etc.).; - **Large available space: 24,000 SF in the North Building.**
    (608) 663-5445
    Request Owner's contact information
    525 2Nd St La Crosse, WI 54601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    525 2Nd St
    La Crosse, WI 54601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525 2Nd St La Crosse, WI 54601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Wolff
    Brian Wolff
    Real Estate License ID: 4538090
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!