Mixed-Use Property with
For Sale
$335,000
1303 Avon STREET Unit 1301, La Crosse, WI 54603
Includes a renovated residence and a separate commercial space with offices and an unfinished upper level.
Property Size3,000 SF
Price / SF$111.67
Days on Market10
Property Features for 1303 Avon STREET Unit 1301
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
3
Property subtype
Multi Family
Additional Details
Mixed-Use Components
residential, retail
Building Details
Year Built
1880
Listing Agency:
NextHome Prime Real Estate
Listed By:
Tamra Nururdin · License #7285294
(608) 498-8499
Source:
Lakecountryflatfee
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Prime Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use property combines a three-bedroom, one-bath residence with a commercial storefront. The home has updated kitchen and bath finishes, main-floor laundry, LVT flooring, and improvements to windows, plumbing, wiring, insulation, and the roof. A water softener is also installed.
The commercial area includes four offices, a storefront area, a full bath, kitchenette, and basement. Its upper level is unfinished. The property also has a one-car garage accessed from the alley and a driveway with parking for two vehicles.
The building dates to 1880 and contains 3,000 square feet. It is located half a block from a middle school, with banks, dining, a high school, and the Boys & Girls Club nearby.
The commercial area includes four offices, a storefront area, a full bath, kitchenette, and basement. Its upper level is unfinished. The property also has a one-car garage accessed from the alley and a driveway with parking for two vehicles.
The building dates to 1880 and contains 3,000 square feet. It is located half a block from a middle school, with banks, dining, a high school, and the Boys & Girls Club nearby.
Key Highlights
- Mixed‑use property with a three‑bedroom, one‑bath residence and commercial storefront
- Residence features main‑floor laundry, LVT flooring, and updated kitchen and bath finishes
- Commercial space includes four offices, a full bath, kitchenette, and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,177
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
$603.5K
Cap Rate 7%
$431,100
$431.1K
Cap Rate 9%
$335,300
$335.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$45.0K $15.00/SF
− Vacancy
−$1.9K −$0.63/SF
EGI
$43.1K $14.37/SF
− OpEx
−$12.9K −$4.31/SF
NOI
$30.2K $10.06/SF
Area
La Crosse County, WI
Vacancy
4.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
Cap Rate 7%
$431,100
Cap Rate 9%
$335,300
Alternative Uses
Best Use
Retail
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 9.01%
Second Best
Mixed Use
$384.4K
$336.4K – $448.5K
NOI $26,910 @ 7.0% cap · market cap 8.03%
Theoretical Best
Specialty Retail
$656.1K
$574.1K – $765.5K
NOI $45,927 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
39k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 28%
Hotels & Casinos 4%
Kwik Trip
Shops & Services
24,272 visits/mo
0.1 miles
Hardee's
Dining
7,402 visits/mo
0.1 miles
SUBWAY
Dining
3,498 visits/mo
0.2 miles
BMO Harris Bank
Shops & Services
2,143 visits/mo
0.1 miles
Super 8 La Crosse
Hotels & Casinos
1,464 visits/mo
0.3 miles
Demographics for 54603, WI
14,203
Population
7,168
Households
2
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
8.9 sq mi
ZIP Area
1,596
Density / Sq Mi
$49,693
Median Household Income
$37,917
Median Earnings
$936
Median Rent
$175,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a renovated residence and a separate commercial space with offices and an unfinished upper level.
Where is this mixed-use property located?
The property is located at 1303 Avon STREET Unit 1301 La Crosse, WI.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Mixed‑use property with a three‑bedroom, one‑bath residence and commercial storefront; Residence features main‑floor laundry, LVT flooring, and updated kitchen and bath finishes; Commercial space includes four offices, a full bath, kitchenette, and basement
