Historic Mixed-Use Commercial
For Sale
Contact for pricing
172 Leonard St S, West Salem, WI 54669
Well-maintained all-brick building zoned G2 Commercial, positioned for multi-unit conversion or mixed-use redevelopment.
Property Size16,932 SF
Price / SF$53.15
Days on Market52
Property Features for 172 Leonard St S
General Information
Standard status
Active
Size
16,932 SF
Class
A
Total Parking Spaces
20
Property subtype
Multifamily, Mixed Use
Zoning
G2 Commercial
Investment Type
Redevelopment
Net Operating Income
$236,239
Building Details
Year Built
1919
Buildings
2
Stories
2
Units
5
Listing Agency:
ConsumerEquity LLC
Listed By:
Leeann Bluske · License #WI 59578-90
Source:
Crexi
Added: Jul 9
Changed: Aug 17
Last Checked: Aug 28 at 8:14PM
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 ConsumerEquity LLC
Investment Insights
Based on property information with market context.
A well-maintained, historical all-brick mixed-use commercial building offering a flexible layout for future redevelopment. The property is presented for a multi-unit conversion approach, with the potential to incorporate residential units above street-level commercial space, subject to applicable requirements.
The building is located in downtown West Salem, Wisconsin, minutes from La Crosse, and is described as having a prominent, high-visibility location. The offering includes information on building appraisal and financials for qualified buyers with an executed NDA.
Zoned G2 Commercial, the property is positioned to support a multi-family conversion or mixed-use redevelopment strategy, depending on final approvals. Existing operations, leases, and infrastructure are referenced in the remarks, and the seller is marketing the asset for its next ownership and vision.
The building is located in downtown West Salem, Wisconsin, minutes from La Crosse, and is described as having a prominent, high-visibility location. The offering includes information on building appraisal and financials for qualified buyers with an executed NDA.
Zoned G2 Commercial, the property is positioned to support a multi-family conversion or mixed-use redevelopment strategy, depending on final approvals. Existing operations, leases, and infrastructure are referenced in the remarks, and the seller is marketing the asset for its next ownership and vision.
Key Highlights
- 17,000 SF mixed‑use commercial building in downtown West Salem, WI
- Well‑maintained all‑brick building built in 1919
- Zoned G2 Commercial, suitable for multi‑family conversion or mixed‑use redevelopment
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained all-brick building zoned G2 Commercial, positioned for multi-unit conversion or mixed-use redevelopment.
Where is this mixed-use property located?
The property is located at 172 Leonard St S West Salem, WI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 17,000 SF mixed‑use commercial building in downtown West Salem, WI; Well‑maintained all‑brick building built in 1919; Zoned G2 Commercial, suitable for multi‑family conversion or mixed‑use redevelopment
