Office Suite with Conference
1540 Heritage Boulevard #Suite 201A, West Salem, WI 54669
For Sale
New
Contact for pricing
A reception area, several private offices, and shared restrooms support a professional office layout.
Property Size2,190 SF
Days on Market4
Property Features for 1540 Heritage Boulevard #Suite 201A
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Highway Access
Property Use
Amenities
reception area
conference room
private offices
signage opportunities
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Coldwell Banker Commercial River Valley
(608) 784-9930
Listed By:
Damon Olson · License WI #5852190
(608) 780-4222
Source:
Coactionrealestate
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 9 at 3:36PM
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 Coldwell Banker Commercial River Valley
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Investment Insights
Based on property information with market context.
The 2,190-square-foot office suite is located in a shared office building constructed in 2000. Its layout includes a reception area, a conference room, and multiple private offices. Restrooms are in the common area near the main entrance hallway, providing access outside the suite.
The property is on Highway 16, with signage locations along the highway and at the parking lot entrance. On-site parking and building access are available. The landlord pays for gas; tenants cover electricity serving their suite.
The property is on Highway 16, with signage locations along the highway and at the parking lot entrance. On-site parking and building access are available. The landlord pays for gas; tenants cover electricity serving their suite.
Key Highlights
- 2,190‑square‑foot office suite
- Reception area, conference room, and multiple private offices
- Shared restrooms near the main entrance hallway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,061
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,220
$461.2K
Cap Rate 7%
$329,443
$329.4K
Cap Rate 9%
$256,233
$256.2K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$39.4K $18.00/SF
− Vacancy
−$8.7K −$3.96/SF
EGI
$30.7K $14.04/SF
− OpEx
−$7.7K −$3.51/SF
NOI
$23.1K $10.53/SF
Area
La Crosse County, WI
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,220
Cap Rate 7%
$329,443
Cap Rate 9%
$256,233
Alternative Uses
Best Use
Office B
$329.4K
$288.3K – $384.4K
NOI $23,061 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$479.0K
$419.1K – $558.8K
NOI $33,527 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 54669, WI
8,094
Population
3,246
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
98%
High-School Grad
51.6 sq mi
ZIP Area
157
Density / Sq Mi
$100,214
Median Household Income
$47,884
Median Earnings
$1,156
Median Rent
$288,600
Median Home Value
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Market
Average Price Trend$/SF for Office Units in La Crosse County, WI
Properties on Market for Office Units in La Crosse County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, several private offices, and shared restrooms support a professional office layout.
Where is this office unit located?
The property is located at 1540 Heritage Boulevard #Suite 201A West Salem, WI.
What are key features of this property?
This property features: 2,190‑square‑foot office suite; Reception area, conference room, and multiple private offices; Shared restrooms near the main entrance hallway
